middle class
Chinese Middle Class Income Growth Dwarfs US Counterparts
| Charissa Echavez | | Apr 25, 2016 10:12 AM EDT |
China's average middle-class family earns nearly 52,000 yuan ($8,000) lesser compared with their American counterparts, but China's income growth is dwarfing US families.
China's Singles Day Forecast to Rake in Billions in Online Sales
| Desiree Sison | | Nov 11, 2015 11:10 PM EST |
Alibaba and other e-commerce companies could rake in online sales amounting to $11 billion as Chinese celebrate Singles Day Wednesday.
Americans: Rich Aren't Taxed Enough, Middle Class Pays Too Much
| Kat De Guzman | | Feb 23, 2015 03:56 AM EST |
A recent poll run by the Associated Press' GfK recently revealed that Americans, specifically the middle class, think that they are paying too much tax and debated that the rich people are not being taxed enough.
President Obama Drops Plan to Tax 529 College Savings Accounts
| Dino Lirios | | Jan 29, 2015 10:56 PM EST |
President Barack Obama has announced that he will be dropping his plan centered on ending the tax breaks for college savings accounts known as 529s.
Republicans: Obama's Plans to Tax Highest Earners A 'Non-Starter'
| Kat De Guzman | | Jan 19, 2015 10:52 AM EST |
Republicans on Sunday said President Barack Obama's plan to increase taxes on the country's highest wage earners in order to benefit the middle class was a "non-starter".
Obama to Propose Closing of Multibillion Tax Loopholes to Benefit Middle Class
| Dino Lirios | | Jan 19, 2015 02:05 AM EST |
United States President, Barack Obama, is set to deliver his State of the Union address where he explains his proposal to close multibillion dollar tax loopholes and use the revenue to benefit the middle class on Tuesday.
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