More than half of Americans, young and old, say children today will be less economically successful than their parents, a global survey shows.
Tag: Income
Biden Finds Raising Corporate Tax Rates Easier Abroad Than at Home
As the Group of 20 seals a new global minimum tax for companies, the president has scaled back his plans to tax U.S. corporations more.
China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk
As the country’s leader prepares for a likely third term, he is promising “common prosperity” to lift farmers and working families into the middle class.
A Guaranteed Monthly Check Changed His Life. Now He Sends Out 650.
Michael Bohmeyer’s website, “My Basic Income,” has given randomly selected people almost $1,200 a month for a year to see if it improves their lives. His answer: Yes.
Swift Aid Payments Keep Berlin’s Self-Employed Afloat Despite Shutdown
Within days, Germany’s capital distributed money to 150,000 artists, shop owners, hairdressers and other small-business owners and freelancers to cover basic expenses.
4 Years of College, $0 in Debt: How Some Countries Make Higher Education Affordable
When we asked people around the world what sort of financial burden they bore for their higher education, we heard how much it varies from country to country.
Canada Letter: Are Middle-Class Canadians Still the World’s Richest?
Five years ago, an analysis by The Times found that middle-class Canadians had surpassed their American counterparts. But class is as much a state of mind as it is about numbers.
Russia Changes Economic Reporting. The Results Improve.
The state statistics agency has halted monthly publication of personal income data, which had been downbeat for years. A flurry of optimistic economic data has followed.
Finland’s Basic Income Trial Boosts Happiness, but Not Employment
The unconditional cash did not spur unemployed recipients to work more to supplement their earnings as hoped, researchers said in initial findings.
Unrest in France Hinders Macron’s Push to Revive Economy
The Yellow Vest protests roiling the country have cost businesses billions of euros and threatened President Emmanuel Macron’s strategy for growth.