Income inequality: 1 percent still going strong
Average real income per family plummeted by 17.4 percent, which is the largest two-year drop since the Great Depression. That's why this recession got its own name. But Saez's research shows that the top 1 percent really took it on the chin, …
Read more on CBS News
First Citizens Reports Earnings for Fourth Quarter 2011
Net income for the fourth quarter of 2011 increased $ 462000, or 1.5 percent, from the same quarter of 2010. Per share income for the fourth quarter of 2011 totaled $ 2.97, compared to $ 2.88 for the same period a year ago. First Citizens' current quarter …
Read more on MarketWatch (press release)
How dividing your income can multiply your tax savings
It is simply the idea of splitting income among family members. Specifically, it involves moving income from the hands of one family member who may pay tax at a higher rate to another who will pay tax at a lower rate. Consider these ideas: -Lend money …
Read more on Globe and Mail