What the “Fiscal Cliff” Tax Increases Mean for Americans
American University
Results from a survey suggest that a large majority of Americans are more concerned about jobs and unemployment than they are about the budget deficit. And not surprisingly, Republicans and Democrats have somewhat different budget priorities, yet a clear majority of Americans their representatives to work with others to get things done.
Raising the minimum wage to a living wage begins the cycle of lifting single mothers out of poverty, according to a policy report released by the Institute for Urban Policy Research & Analysis (IUPRA) at The University of Texas at Austin.
Wide-scale tax evasion in Greece accounts for 28 billion Euros in unreported taxable income –just among the self-employed, according to a new study, “Tax Evasion Across Industries: Soft Credit Evidence from Greece,” by Adair Morse, a visiting assistant professor of finance at the University of California, Berkeley's Haas School of Business.
A federal rule established in the wake of the 2008 financial crisis improved shareholder value before an appeals court struck it down, according to a management professor at the University of Arkansas and her colleagues.
More Americans have claimed the Earned Income Tax Credit on their tax returns in recent years, an increase researchers at the Carsey Institute at the University of New Hampshire and the Brookings Institution attribute to the Great Recession and policy changes that broadened eligibility and increased benefits as a result of the American Recovery and Reinvestment Act.
Some hedge funds manipulate stock prices at the end of the month to improve the returns that they report to their investors, a new study suggests.
President Barack Obama and Republican congressional leaders have been deadlocked over the "fiscal cliff," the tax increases and spending cuts that will take place Jan. 1 unless elected officials take action to avert them. The combination could have a dramatic impact on the economy, with the Congressional Budget Office forecasting that unemployment could increase to 9 percent. Indiana University experts offer their perspectives and are available to speak with news media.
Despite the end of the Great Recession, American families still rely on the income of wives at record levels, with employed wives’ contribution to total family income holding steady at 47 percent, which is its highest level in decades, according to new research from the Carsey Institute at the University of New Hampshire.
University of Cincinnati faculty with research backgrounds ranging from law to economics to political science and medicine weigh in on what’s at stake if the government doesn’t take action to avert the fiscal cliff.
For people living in both rich and poor countries, the average person’s happiness is based on a combination of individual wealth, possessions and optimism, according to an analysis of new worldwide survey findings published by the American Psychological Association.
A record 650 people attended the two-day event and learned the intricacies of the global and American economies.
Steven C. Kyle, an expert in macroeconomics and government policy, and a professor of management at Cornell’s Dyson School of Applied Economics and Management, comments on the possible economic implications of Congress and the President failing to reach a deal before the Jan, 1, 2013 “Fiscal Cliff” deadline.
A strike planned by Wal-Mart workers on one of America’s busiest shopping days has significance on many levels, according to Cornell University ILR School labor experts Ken Margolies, an associate in The Worker Institute in New York City; and Kate Bronfenbrenner, ILR’s director of Labor Education Research in Ithaca.
According to a new Economic Impact Report, Binghamton University’s overall economic impact is approximately $965 million annually for Broome and Tioga counties alone, and $1.2 billion for New York state.
Underemployment has remained persistently high in the aftermath of the Great Recession with workers younger than 30 especially feeling the pinch, according to new research from the Carsey Institute at the University of New Hampshire.
The restart of some of Japan's idled nuclear reactors could provide significant positive catalysts for the uranium market in the coming months.
There’s no doubt that the economy is the deciding factor for many voters. Americans are looking to presidential candidates for a fast remedy, but the reality will be far less immediate, according to Saint Joseph’s University economist Benjamin Liebman, Ph.D.
A new study that grades presidents on their economic performance ranks Clinton and Reagan highest among recent presidents with a grade of B. That’s compared to FDR who is top of the class with an A and G.W. Bush who barely passes with a D. This first-of-its-kind ranking of U.S. presidents from 1789 to 2009 is based on 220 years of data that was analyzed to estimate an economic GPA for each president.
Domestic violence in Latin America devastates families and may weaken the region’s workforce over time, according to an economist at the University of California, Riverside who has received a $35,000 grant from the Inter-American Development Bank to study the issue.
For the second consecutive year, the United States economy managed to underachieve relative to economists' unambitious expectations. Indiana University Kelley School of Business economists are presenting their annual forecast today, Nov. 1, and unfortunately expect more of the same in 2013. And like a year ago, a considerable list of things could adversely upset their expectations, chief among them and most immediate, the "fiscal cliff," a potential economic growth-killing combination of higher taxes and government spending cuts.
Instead of an early snowfall this time of year, farmers along the eastern seaboard are dealing with flood waters and wind damage from Hurricane Sandy, which is expected to affect everything from poultry production to grocery prices.
In addition to the immediate physical impacts Hurricane Sandy promises the Northeast, economists say the storm also will bring intrinsic financial effects that are sure to unfold over the next few days and linger through the coming months.
Observing the 2007-08 U.S. banking crisis and its devastating effects on the secondary mortgage market, Anne Zissu has responded by addressing recent history and the current state of this critically important market in a timely update of her 2005 book, The Securitization Markets Handbook: Structures and Dynamics of Mortgage- and Asset-Backed Securities (John Wiley & Sons, 2012).
Since early pioneer days, many have maligned the Great Plains of America as a hostile environment unfit for habitation. That unfavorable sentiment hardly changed for the next 200 years. However, new research conducted by Texas Tech University in conjunction with Joel Kotkin, the internationally recognized authority on global, economic, political and societal trends, and North Dakota’s Praxis Strategy Group predicts a boom in business for the once-defamed breadbox of the nation.