The bill includes many provisions that affect upper-middle-class taxpayers, from preserving the child tax credit to ...

For tax year 2023, the annual tax exclusion for gifts rose $1,000 to $17,000, and it did so again for tax year 2024, rising to $18,000. That could enable upper-middle-class taxpayers “to gift ...

Gift Article ... But while upper-tail wealth inequality has certainly increased a lot, there’s another, subtler kind of inequality that gets far less attention. In the 1980s, the middle class ...

For that reason, we’ll divide the middle class into lower, middle, and upper middle classes. Given the “raw” average wage in 2022 was $61,220.07, according to the Social Security ...

The middle class is paring back on holiday gifts this year ... Gallup found. As a result, upper-income Americans now spend about 80 percent more on holiday gifts than middle-income families ...

Everyone except the US' wealthiest are hurting financially, but the upper-middle class is seeing a disproportionate hit. That's because of a perfect storm of inflation, a tanking stock market ...

It includes dozens of provisions that affect upper-middle-class taxpayers, from preserving the child tax credit to eliminating income taxes on tips and overtime to most workers and more.

As a result, upper-income Americans now spend ... “It doesn’t even feel like the holidays for us.” The middle class is paring back on holiday gifts this year, reflecting a widening inflation ...