Money

Seattle tax on big businesses upheld by state appeals court

An appellate court judge has upheld Seattle’s payroll tax, affirming a decision made in King County Superior Court last year. The Seattle Times reports in an opinion published Tuesday, the Division I Court of Appeals deemed Seattle’s JumpStart tax lawful. The lawsuit was filed by the Chamber of Commerce in 2020, arguing the tax is illegal. Companies with annual payrolls over $7 million are taxed under the measure based on their pay to employees making over $150,000 per year. In 2021, the tax brought $231 million in revenue to the city. The chamber in a statement Tuesday did not indicate whether it planned to appeal the decision.

Inflation Causing 85% Of Americans To Adjust Their Essential Purchases, Survey Finds

You don’t have to follow the news to know inflation is raging. Walking up and down grocery store aisles makes that point quickly enough and filling up your car’s gas tank costs more week after week. In fact, inflation in May 2022 was up 8.6% from the past twelve months, not seasonally adjusted, according to […]

Fine-Tune Your Music Festival Budget and Save

Attendees of this year’s Coachella music festival have posted viral videos adding up their expenses from the weekend — with costs reaching the thousands for flights, hotels, food, drinks, outfits…

What Percentage Of My Income Should Go To Mortgage?

There are different rules and standards to follow, but there’s no one-size-fits-all method when it comes to how much of your income should go to a mortgage payment. Here’s what to consider before deciding which method works for you.