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Money

Hali Flickinger, left, of Spring Grove, York County, competes for the U.S. in a semifinal of the women's 200-meter butterfly at the Summer Olympics in Rio de Janeiro, Brazil. Flickinger placed seventh in the event’s final heat. (David J. Phillip/AP Photo)
Pennsylvania
Sports
Taxes
PA Post

Pa. bill proposes tax break for Olympians

Pa. would join the group of states with similar income tax exemptions already in place.

6 years ago

In this Oct. 18, 2010 photo, an Amazon.com package awaits delivery from UPS (Paul Sakuma/AP Photo)
Pennsylvania
Taxes

A new internet sales tax proves more lucrative than expected for Pa.

According to the state Revenue Department, it was expected to make about $50 million in its first fiscal year. The state's IFO said it's on track to make $300 million.

6 years ago

A view of the State Capitol building in Harrisburg, Pa., with a cloudy sky in the background.
Pennsylvania
Politics

Pennsylvania eyes retirement-savings plan for its portfolio

With Pennsylvania facing a wave of retirees leaving the workforce with no savings, top state officials are working to head off the financial blow.

6 years ago

Perhaps one day Humboldt pot will be as famous as Bordeaux wine. (Richard Vogel/AP Photo)
Business
Economy
The Conversation

Can artisanal weed compete with ‘Big Marijuana’?

The drug’s growing legalization is raising concerns among small-scale marijuana farmers and retailers that the corporatization of weed may be right around the corner.

6 years ago

Salem Hope Creek nuclear generating station in Salem County. (Emma Lee/WHYY)
Energy
New Jersey

N.J. approves $300 million annual subsidy for nuclear industry that threatened shutdown

‘Financially viable’ nuclear reactors to get $900 million infusion from New Jersey over three years. State regulators agreed to the payments in the face of PSE&G’s threats of

6 years ago

After adjusting for inflation, black workers' median weekly earnings have risen at a fraction of the pace of wages for white, Hispanic and Asian workers. (Joe Raedle/Getty Images)
Race & Ethnicity
Marketplace

African Americans’ wages nearly stagnant over decade

since the Great Recession, wage gains have varied significantly by race, with African Americans’ earnings nearly stagnant over the period.

6 years ago

The entrance to Elmwood Park Zoo in Norristown. (Hshuvaeva via Wikimedia Commons)
Business
Taxes

Norristown considers 5% tax on zoo, cultural institutions

Norristown may begin taxing concerts and events to avoid a budget shortfall.

6 years ago

Home healthcare workers Stephanie Williams, left, and Lolita Owens rally at the Frankford Transportation Center in February to pressure state lawmakers to increase the state minimum wage to $15 an hour. (Michael D'Onofrio/Philadelphia Tribune)
Economy
Race & Ethnicity
The Philadelphia Tribune

Report proposes 10 solutions to close widening racial wealth gap

Ten Solutions to Bridge the Racial Wealth Divide calls for offering federally-managed “baby bonds” to all children and funding them based on income.

6 years ago

Arizona State Elections Director Eric Spencer, middle, helps Arizona Healthy Working Families Initiative group members deliver more than 270,000 signatures to the elections office at the Arizona Capitol, Thursday, July 7, 2016, in Phoenix, in hopes of qualifying a measure for the November ballot to raise the state's minimum wage to $12 an hour by 2020 and provide earned sick days to workers. (Ross D. Franklin/AP Photo)
Income Inequality
Politics
PA Post

Why and how 11 Trump states raised the minimum wage, explained

Here’s a look at the path to minimum wage increases in other reddish states.

6 years ago

The IRS budget has been cut sharply over the past decade, but President Trump has suggested spending an extra $362 million on tax enforcement next year. (Jim Watson/AFP/Getty Images)
NPR
Taxes

On Tax Day, the IRS is short of money

The agency's budget has been cut sharply over the last decade. That means fewer audits. The Trump administration says those cuts may have gone too far.

6 years ago

In this Oct. 23, 2018, photo, President Donald Trump speaks in the Oval Office at the White House in Washington. (AP Photo/Manuel Balce Ceneta)
The Philadelphia Experiment
Government Accountability
National
Taxes

As the nation files taxes, Trump still hides his

Today is tax day, and millions of Americans will have to show the government everything — their salaries and their expenses, their profits, and their losses.

6 years ago

2020 Democratic presidential candidate Sen. Kamala Harris speaks to students at a local cafe, Thursday, April 11, 2019, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)
Politics
Taxes

Kamala Harris is latest 2020 Dem contender to release taxes

Harris reported an income of about $157,000 in 2018 from her job as a senator, as well as about $320,000 in net income as a writer.

6 years ago

Top government leaders told NPR that federal agencies are years behind where they could have been if Chinese cybertheft had been openly addressed earlier. (Bill Hinton Photography/Getty Images)
NPR
Business
International
Technology

As China hacked, U.S. businesses turned a blind eye

Technology theft and other unfair business practices originating from China are costing the American economy more than $57 billion a year, White House officials believe.

6 years ago

Patrons file into the EAT Café on Lancaster Avenue in University City. The pay-what-you-can restaurant will close on April 19 after 2 1/2 years in business. (Emma Lee/WHYY)
Food & Drink
Income Inequality

Saying goodbye to EAT Café: Philly’s first pay-what-you-can restaurant to close

Drexel’s pay-what-you-can restaurant is going out of business.

6 years ago

A pile of newly minted one-dollar coins honoring former Thomas Jefferson are seen at the unveiling by the U.S. Mint in Washington, D.C., in 2007. In a turnaround, congressional analysts are no longer recommending a phaseout of paper dollars in favor a dollar coin. (Jim Young/Reuters)
NPR
Business

Government watchdog flips on dollar coin

Congressional analysts are no longer recommending a phase-out of paper dollars in favor of a dollar coin. Paper money is lasting longer because of cashless transactions.

6 years ago

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