UK’s Boris Johnson Reprimanded for Failing to Report Income
A British parliamentary committee reprimanded former Foreign Secretary Boris Johnson on Thursday for failing to report income within time limits set by Parliament.
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‘Millionaire Tax’ Ballot Question Struck Down in MA
By a 5-2 vote Monday, the highest court in Massachusetts killed a ballot question that could have levied a 4 percent tax on millionaire residents.
Read moreWealthy Dad Hit With Countersuit on Basquiat Auction
Claiming that her father’s lawsuit gutted the auction of a Basquiat masterpiece, the middle daughter in a family of art collectors brought a $100 million legal demand of her own Thursday in the latest swat of an ugly family dispute.
Read moreStudy Clocks High Mortality Risk After Midlife Financial Peril
Backing the idea that health and wealth go hand in hand, new research shows that middle-aged and senior adults whose fortunes faded in the wake of the 2008 financial crisis had a significantly increased mortality risk, as compared with the continuously wealthy.
Read morePoll: Most Americans Say Uncle Sam Neglects Elderly & Poor
Most Americans believe the federal government does not do enough to help the elderly, poor people and the middle class, the Pew Research Center reported Tuesday, and a majority also says the wealthy get too much support.
Read moreTax Package Would Lower Top Tax Rate for Wealthy Americans
Congressional Republicans on Tuesday rushed toward a deal on a massive tax package that would reduce the top tax rate for wealthy Americans to 37 percent and slash the corporate rate to a level slightly higher than what businesses and conservatives wanted.
Read moreSanders Rallies Ohio Students for Health Care, Wealth Equity
Onetime presidential hopeful and Vermont Sen. Bernie Sanders held a rally Tuesday at Shawnee State University in Portsmouth, Ohio, to discuss jobs, health care, and the economy.
Read moreMasseuse OK’d for Convicted Billionaire Under House Arrest
A Chinese billionaire convicted last month of corruption can await sentencing with an on-call masseuse at his palatial $4 million apartment, a U.S. judge ruled Monday.
Read moreMediterranean Diet Underscores Disparity Between Rich & Poor
The widely touted health benefits of the Mediterranean Diet comes with a surprising caveat – it works best if you’re rich.
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