Content Tagged As income
Tagged News
-
Obama says nation needs 'Buffett Rule'
April 16, 2012 1:27 PM
WASHINGTON (AP) - President Barack Obama says the nation can't afford to keep giving tax cuts to the wealthiest Americans "who don't need them and didn't even ask for them." Obama is using his weekly radio and Internet address to urge Americans to ask their member of Congress to support... more » -
Douglas Bruce indicted
April 8, 2011 3:46 PM
A statewide Grand Jury has indicted Douglas Bruce for failing to pay income taxes on income earned in 2005, 2006, and 2007. The four-count indictment was announced this afternoon by the Colorado Attorney General's Office. Bruce is suspected of attempting to evade his tax responsibilities by funneling... more » -
Salvation Army hosts toy giveaways in Pueblo
December 21, 2010 1:34 PM
The Salvation of Army of Pueblo is counting its blessings. Last week, they were desperate for toy and clothing donations--worried they wouldn't be able to help the 2,200 local children in need of help this Christmas. But they got so many donations, they're holding a free gift giveaway tomorrow--Dec. 22.... more » -
IRS steps up audits
December 15, 2010 3:32 PM
WASHINGTON (AP) - The Internal Revenue Service is making it riskier to cheat on your taxes. The tax agency increased the number of returns it audited by nearly 11 percent this year. Statistics released Wednesday show that wealthy taxpayers were most likely to be targeted. In all, the IRS... more » -
Census finds record gap between rich and poor
September 28, 2010 8:11 AM
The income gap between the richest and poorest Americans grew last year to its widest amount on record. New census figures show that young adults and children in particular struggled to stay afloat in the recession. The top-earning 20 percent of Americans - those making more than $100,000 each... more » -
Poverty, demand for services climb higher
September 23, 2010 5:37 PM
A charity group in Pueblo says more people are struggling to put food on the table. This may not come as a surprise. Last week, the U.S. Census says the number of Americans living in poverty has jumped to its highest level in more than half a century. Marlene Saiz... more » -
Consumer spending and personal incomes both weak
August 3, 2010 9:00 AM
The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economy slowed significantly in the spring. The Commerce Department say personal spending was unchanged in June, the third straight month of lackluster consumer demand. Incomes were flat as well, the weakest... more » -
Tobacco companies cutting contracts with US farmers
May 19, 2010 8:20 AM
Cigarette makers are cutting contracts with tobacco farmers as smoking continues to decline in the U.S. University of Kentucky economist Will Snell says his state, the nation's top producer of burley tobacco, could lose a fourth of its contracts this year. Many contracts also have been lost in North... more » -
Spending rises, but income growth slows
March 1, 2010 12:16 PM
Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile... more » -
Free tax services available in Pueblo
February 2, 2010 6:48 PM
Starting Wednesday there's free tax help in Pueblo for low income households. Households making less than $49,000 per year may qualify for free income tax e-filing. VITA (Volunteer Income Tax Assistance) is providing free tax services February 3 through April 15. IRS certified volunteers will be available at six locations... more » -
Agencies ready to help struggling families this winter
October 19, 2009 8:11 PM
Natural gas inventories are at a record high, which means many Americans may pay less on their heating bills this winter. However, Energy Outreach Colorado says in this poor economy thousands will need help paying their bills. The group wants to remind everyone, November 1 is the first day you... more » -
Agencies ready to help struggling families this winter
October 19, 2009 8:04 PM
Natural gas inventories are at a record high, which means many Americans may pay less on their heating bills this winter. However, Energy Outreach Colorado says in this poor economy thousands will need help paying their bills. The group wants to remind everyone, November 1 is the first day you... more »
As Seen On News 5
