The richest 25 Americans pay less in tax than many ordinary workers do, once you include taxes for Social Security and Medicare, ProPublica found.

Tagged with: rich Taxes wealthy

According to Google auto-complete, people see the state as wealthy.

Tagged with: google maryland wealthy

WASHINGTON — The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their ...

Tagged with: americans breaking news Economy united states wealthy

Eight of America’s richest reside in Maryland, representing a combined $20 billion in net worth, according to the Forbes 400 list of wealthiest Americans released Monday.

Tagged with: daniel snyder Economy maryland maryland public policy institute News wealthy

NEW YORK — Microsoft Corp. co-founder Bill Gates remains the nation’s richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year running, with a net worth of ...

Tagged with: bill gates billionaire microsoft microsoft corp warren buffett wealth wealthy

WASHINGTON — Senate leaders moved toward a showdown Wednesday with votes on rival Democratic and Republican plans for extending broad tax cuts that will otherwise expire in January. In an announcement that seemed to surprise Democrats, Senate Minority Leader Mitch ...

Tagged with: Barack Obama Congress Economy Government senate stimulus tax cuts Taxes washington wealthy

WASHINGTON — An international group of economists is recommending that the United States adopt policies that would make higher-income Americans pay more in taxes to help boost the U.S. economy. The Organization for Economic Co-Operation and Development favors eliminating some ...

Tagged with: Barack Obama economists income Taxes wealthy

WASHINGTON — President Barack Obama’s latest budget would raise taxes next year on 1 in 4 households, but with little impact on families earning under $200,000 a year, a nonpartisan research group has estimated. The Tax Policy Center analysis also ...

Tagged with: Barack Obama budget increase Taxes washington wealthy

The myth: Asian-Americans, the fastest-growing immigrant group in the U.S., are uniformly wealthy, well-educated and well-assimilated into American culture. The reality? It’s very different: Nearly three-quarters of Asian-Americans are immigrants, more than a third speak English less than well, one ...

Tagged with: d.c. immigrant Joe Surkiewicz poor wealthy

WASHINGTON – In Maryland, a state with the nation’s second-highest concentration of millionaires, there are a lot of eyes on President Obama’s push for a “Buffet Rule” tax on the wealthiest Americans. Details are still sketchy on the president’s plan, ...

Tagged with: Barack Obama Business Government senate tax warren buffet wealthy