Photographer: Ty Wright/Bloomberg Photographer: Ty Wright/Bloomberg Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say. About a quarter of lower-income workers effectively face marginal tax rates of more than 70% when adjusted for the loss of government benefits, a […]
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Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It
Photographer: Ty Wright/Bloomberg Photographer: Ty Wright/Bloomberg Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say. About a quarter of lower-income workers effectively face marginal tax rates of more than 70% when adjusted for the loss of government benefits, a […]
Barclays online banking down – customers left unable to view and process payments
Barclays customers have been left unable to make payments or check their balances due to an online banking outage. The bank said that “a small number” of customers have been affected by a technical error – with the lender’s mobile app and online services still down at midday on Monday. […]