income Entravision Sees Revenues, Income Dip For First Quarter 2020 By www.allaccess.com Published On :: Thu, 07 May 2020 13:44:24 -0700 ENTRAVISION COMMUNICATIONS CORP. first quarter 2020 revenues dipped 1% to $64.249 million, blamed on the effects of the pandemic, an 8% decline for the company's digital operations, and a … more Full Article
income Saga First Quarter Revenues Down, Income Up, But May, June Ad Revenue Hit Hard By Pandemic By www.allaccess.com Published On :: Wed, 06 May 2020 06:27:54 -0700 SAGA COMMUNICATIONS first quarter net revenue fell year-to-year from $27.8 million to $26.1 million but net income rose from $1.4 million to $1.7 million for the quarter. Gross political … more Full Article
income Pandemic Hits Live Nation Revenue, Income In First Quarter 2020 By www.allaccess.com Published On :: Thu, 07 May 2020 13:39:05 -0700 The concert promotion and ticketing business came to a screeching halt for LIVE NATION ENTERTAINMENT in mid-MARCH with the COVID-19 pandemic stopping all live concert action, and first … more Full Article
income iHeartMedia Revenue, Income Fall In First Quarter As Pandemic Hits By www.allaccess.com Published On :: Thu, 07 May 2020 15:19:21 -0700 iHEARTMEDIA's revenue performance sharply declined once the pandemic hit in MARCH, the company said in reporting its first quarter 2020 financial results. Revenue fell 1.9% year-over-year … more Full Article
income Free tickets to Shout Festival for low income By thebirminghampress.com Published On :: Wed, 30 Oct 2019 21:53:33 +0000 Aim is to make festival accessible to all. Full Article Community Festivals Film Music John Walters LBGTQ+ SHOUT Festival Southside BID The Nightingale
income Major malls to ignore tenants' appeal for flat income sharing By retail.economictimes.indiatimes.com Published On :: 2020-04-29T08:40:12+05:30 Last week, 195 retailers and restaurants including Future Group, Aditya Birla Fashion, Arvind Brands, Domino’s Pizza, Adidas and Levi’s wrote a common letter to mall owners for a “collaborative dialogue” between shopping centres and tenants. Full Article
income Access To Illinois Dentists Varies Across Locations And Incomes By www.northernpublicradio.org Published On :: Tue, 29 Jan 2019 12:00:00 +0000 For some people, going to the dentist can be a double-edged sword. On one hand, regular dental treatment keeps teeth healthy. But at the same time, the sights, sounds and smells of a dental office can be unsettling for some. But which dentists you can access, and even afford, often depends on where you live. Dionne Haney is Director of Professional Services for the Illinois State Dental Society, a professional group affiliated with the American Dental Association. Haney says membership records can provide a tally of dental specialists. "We believe there's currently about 11,000 dentists licensed in the state," she said. "Approximately 8,500 of them actually practice. But with regards to membership in ISDS, they can be practicing or retired." That may seem like a lot of dentists, but Haney says they're spread across a state that has more than 12 million residents. About two-thirds of practicing Illinois dentists are based in and around Chicago. This doesn't mean people have no access to Full Article
income 2 Mortgages, No Income: Sell The House Or Rent It Out, An Airbnb Host Wonders By feedproxy.google.com Published On :: Fri, 08 May 2020 14:36:00 +0000 Business was humming for Airbnb host Josep Navas Masip in Philadelphia. So he purchased a second home and planned to renovate it and add it to his Airbnb offerings. "In the middle of the renovation, the coronavirus crisis hit," he said. "I had to cancel my renovations, and I had to tell the contractor to stop working." Navas Masip, 44, was bringing in about $2,000 a month from the two rooms he was renting from his South Philadelphia home. Betting that he could double his earnings with a second home, he quit his job as a Spanish language professor to pursue another graduate degree in education and e-learning. His plan was to lean on his Airbnb income during that time. Now with no guests for the foreseeable future, Navas Masip knows he has to rip up that plan, but he doesn't quite know what to do. He is still pursuing the graduate work online, but when it comes to making money, he said he's feeling increasingly desperate. Navas Masip now wonders whether he should rent out the house he Full Article
income 2 Mortgages, No Income: Sell The House Or Rent It Out, An Airbnb Host Wonders By www.npr.org Published On :: Fri, 08 May 2020 09:49:46 -0400 Josep Navas Masip purchased a second home in Philadelphia and was renovating it for use as an Airbnb when the coronavirus crisis hit. Now his plans are canceled and he's unsure what to do for income. Full Article
income Low-income countries, health systems and pandemic response By www.abc.net.au Published On :: Mon, 20 Apr 2020 17:52:00 +1000 The International Monetary Fund and the World Bank play a key role in aiding low- and middle-income countries during a pandemic. Full Article Health
income Mining boom massively boosts wealth for top income earners By www.abc.net.au Published On :: Wed, 26 Feb 2014 17:52:00 +1100 A study shows the mining boom has generated up to 65 per cent more wealth for the top 20 per cent of West Australian households. But the research by Curtin University shows not all areas have reaped the rewards. It analysed the effects of the boom from 2003/04 to its peak in 2009/10 and found while those with higher incomes benefited substantially, other residents also benefited due to increased employment opportunities. Full Article ABC South Coast southcoast kimberley southwestwa wheatbelt goldfields northwestwa perth Business Economics and Finance:Industry:Mining Rural:Mining:All Australia:WA:Albany 6330 Australia:WA:Broome 6725 Australia:WA:Bunbury 6230 Australia:WA:Geraldton 6530 Australia:WA:Kalgoorlie 6430 Australia:WA:Karratha 6714 Australia:WA:Perth 6000
income Low-income Tasmanians on public wait list take out loans for private surgery By www.abc.net.au Published On :: Tue, 22 Oct 2019 18:05:00 +1100 Vicki Denton is seeing better than she has in years. She gave up on the public health system and went into debt to have private surgery to avoid going blind. Full Article ABC Radio Hobart northtas hobart Health:All:All Health:Health Administration:All Australia:TAS:All Australia:TAS:Devonport 7310 Australia:TAS:Hobart 7000 Australia:TAS:Launceston 7250
income John Mackay lost most of his income in the fishing reforms and may not find the shares he needs to continue past December By www.abc.net.au Published On :: Mon, 18 Sep 2017 06:50:00 +1000 Full Article ABC Local sydney Business Economics and Finance:Environmentally Sustainable Business:All Rural:Agribusiness:Agricultural Subsidies Rural:Agribusiness:All Rural:Agricultural Policy:All Rural:Fishing Aquaculture:All Rural:Rural Women:All Australia:NSW:All Australia:NSW:Sydney 2000
income Confusion remains in Vanuatu over government's new tax income scheme By www.abc.net.au Published On :: Mon, 16 Oct 2017 11:26:00 +1100 Full Article ABC Local northcoast Government and Politics:Tax:All Australia:NSW:Evans Head 2473 Pacific:All:All Vanuatu:All:All
income How does income tax work? By education.abc.net.au Published On :: Wed, 25 Mar 2020 07:28:51 GMT Gen Fricker makes income tax interesting! Learn about income tax - what it is, how it works and when you have to pay it. Easy-peasy! Then test yourself with ASIC Moneysmart's "Things to think about" classroom exercises. Full Article
income Universal basic income seems to improve employment and well-being | New Scientist By www.newscientist.com Published On :: 2020-05-09T05:47:01+00:00 When surveyed, people who received universal basic income instead of regular unemployment benefits reported better financial well-being, mental health and cognitive functioning, as well as higher levels of confidence in the future. Full Article
income Universal basic income seems to improve employment and wellbeing | New Scientist By www.newscientist.com Published On :: 2020-05-09T05:47:01+00:00 Finland’s two-year test of universal basic income has concluded that it doesn't seem to disincentivise working, and benefits recipients’ mental and financial wellbeing Full Article
income Arctic Glacier International, Inc. v. Arctic Glacier Income Fund By feeds.findlaw.com Published On :: 2018-08-20T08:00:00+00:00 (United States Third Circuit) - Affirmed the dismissal of a lawsuit brought by investors of a bankrupt company who claimed they were entitled to dividend payments. The investors, who purchased their shares with notice of the bankruptcy, claimed that the company and several of its officers were liable for failing to pay them a dividend they were owed. Rejecting their arguments, the Third Circuit held that the investors were bound by the reorganization plan, including its releases of liability. Full Article Securities Law Bankruptcy Law
income Arctic Glacier International, Inc. v. Arctic Glacier Income Fund By feeds.findlaw.com Published On :: 2018-08-20T08:00:00+00:00 (United States Third Circuit) - Affirmed the dismissal of a lawsuit brought by investors of a bankrupt company who claimed they were entitled to dividend payments. The investors, who purchased their shares with notice of the bankruptcy, claimed that the company and several of its officers were liable for failing to pay them a dividend they were owed. Rejecting their arguments, the Third Circuit held that the investors were bound by the reorganization plan, including its releases of liability. Full Article Securities Law Bankruptcy Law
income Job Automation And Universal Basic Income By www.futurepundit.com Published On :: 2016-12-03T20:39:39-08:00 Elon Musk thinks a universal basic income is inevitable. Musk doesn't see plausible alternatives. I hope not. So here's the optimistic scenario: On the one hand, manual and low skilled work will mostly get automated out of existence. So one could imagine why demand for people at lower skill levels and lower levels of cognitive ability could just evaporate. On the other hand, automation will cut costs and boost the wealth of those still employed. Even if the pay of manual laborers is low the goods a manual laborer will need to survive should become very cheap. So any upper class people who can find a use for them might pay them enough to survive. But I see a stronger... Full Article
income Don’t let a stooge prepare your income tax returns. By www.cpa-connecticut.com Published On :: Wed, 11 Feb 2015 18:43:50 +0000 Does a stooge prepare your income tax returns? Watch the Three Stooges prepare a tax return and learn from them. Don't be a stooge: hire a CPA to prepare your next tax return! Continue reading → Full Article Accountants CPA Hartford Articles Albert Einstein on income tax Don’t let a stooge prepare your income tax returns federal income tax Form 1040 income tax preparer income tax return income tax sappy three stooges
income Bob Stefanowski will make Sam Brownback look like a socialist in comparison by eliminating the income tax in Connecticut By www.cpa-connecticut.com Published On :: Sat, 27 Oct 2018 18:53:41 +0000 NEWS 8 IS YOUR LOCAL ELECTION HEADQUARTERS…. AND TONIGHT…VOODOO ECONOMICS! CHIEF POLITICAL CORRESPONDENT MARK DAVIS TELLING US HOW REPEALING THE STATE INCOME TAX IS THE LATEST HEATED TOPIC BETWEEN THE CANIDATES FOR GOVERNOR. DEMOCRAT NED LAMONT IS OPENING A … Continue reading → Full Article Accountants CPA Hartford Articles Bob Stefanowski Bob Stefanowski will make Sam Brownback look like a socialist in comparison by eliminating the income tax in Connecticut Connecticut cut education cut services David Stemerman Democrat disaster elimination Connecticut income tax Governor Kansas Mark Davis Ned Lamont News 8 raise property taxes Republican Sam Brownback STEVE OBSITNIK Themis Klarides TIM HERBST voodoo economics
income Here’s Why Americans Need a Basic Income During the Coronavirus Outbreak By feedproxy.google.com Published On :: Wed, 18 Mar 2020 19:53:52 +0000 Dramatic action is needed now to blunt the immediate pain of vulnerable workers. Full Article coronavirus income us economy
income Success University, Scam Or a Good Income Stream? - The Uncensored Success University Review By EzineArticles.com Published On :: Tue, 09 Jun 2009 15:08:58 -0500 Today I am focusing on a question in many peoples minds - Success University, Scam or great income stream? I will be getting under the bonnet of this business and providing a brutal Success University review. Full Article
income 4life Products - How to Generate a Massive List and a Serious Residual Income! By EzineArticles.com Published On :: Fri, 11 Dec 2009 10:34:07 -0600 4life Products are great. But lets face it you want to be able to sell as much of them as possible. Obviously the more you sell the more you make. However there are challenges selling 4life Products, right? Well this article will give you some tips to prosper. Full Article
income How Do You Use the Advocare Product to Generate a Residual Income? - 2 Real Simple Tips! By EzineArticles.com Published On :: Fri, 11 Dec 2009 10:55:45 -0600 Before we get into this let me get one thing straight: you need to forget everything your up-line has told you. It does work for them and has worked for others but in general it is hard to get any results. Full Article
income How Can I Make an Income Working Online? By feedproxy.google.com Published On :: Thu, 30 Apr 2020 15:00:00 +0000 Making money online sounds like a wonderful opportunity. It is, if you have the personality for it. How Can I Make an Income Working Online? from Ask Leo!. Get the newsletter: https://newsletter.askleo.com Full Article Internet Job Make money Work at home
income Poor people experience greater financial hardship in areas where income inequality is greatest By www.princeton.edu Published On :: Mon, 30 Mar 2020 12:36:01 -0400 Study shows how a lack of community support caused by inequality exacerbates cycles of poverty Full Article
income Generosity Across the Income and Wealth Distributions -- by Jonathan Meer, Benjamin A. Priday By www.nber.org Published On :: Despite widespread interest, there is little systematic evidence on the relationship between income, wealth, and charitable giving. We use the Panel Study of Income Dynamics to provide descriptive statistics on this relationship. We find that, irrespective of specification, donative behavior increases with greater resources. Full Article
income Inequality and the Safety Net Throughout the Income Distribution, 1929-1940 -- by James J. Feigenbaum, Price V. Fishback, Keoka Grayson By www.nber.org Published On :: We explored two measures of inequality that described the full income distribution in cities. One measure is an income gini based on family incomes in 1929 for 33 cities and in 1933 for up to 48 cities in 1933 were spread throughout the country. We also estimated gini coefficients that made use of contract rents for renters and implicit rents for home owners for up to 955 cities throughout the country. We were able to expand to all counties when looking at a top-end inequality measure, the number of taxpayers per family. All three measures varied substantially across the country. We show the correlations between the various measures and also estimate the relationship between the measures and various relief programs developed by governments at all levels during the period. Full Article
income Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments -- by Scott R. Baker, R. A. Farrokhnia, Steffen Meyer, Michaela Pagel, Constantine Yannelis By www.nber.org Published On :: In response to the ongoing COVID-19 pandemic, the US government brought about a collection of fiscal stimulus measures: the 2020 CARES Act. Among other provisions, this Act directed cash payments to households. We analyze households’ spending responses using high-frequency transaction data. We also explore heterogeneity by income levels, recent income declines, and liquidity. We find that households respond rapidly to receipt of stimulus payments, with spending increasing by $0.25-$0.35 per dollar of stimulus during the first 10 days. Households with lower incomes, greater income drops, and lower levels of liquidity display stronger responses. Liquidity plays the most important role, with no observed spending response for households with high levels of bank account balances. Relative to the effects of previous economic stimulus programs in 2001 and 2008, we see much smaller increases in durables spending and larger increases in spending on food, likely reflecting the impact of shelter-in-place orders and supply disruptions. We hope that our results inform the current debate about appropriate policy measures. Full Article
income Antibiotic-resistant bacteria in farm animals are rising in low- and middle-income countries By www.pbs.org Published On :: That spells trouble for the entire planet. Full Article
income Editorial: Coronavirus is gutting people's incomes. L.A. needs to protect renters from eviction By www.latimes.com Published On :: Mon, 16 Mar 2020 08:00:55 -0400 Public health experts are urging people to stay home to avoid spreading coronavirus. But that means some people could end up losing their homes. Full Article
income With all the distractions at home, low-income students need headphones to study By www.latimes.com Published On :: Fri, 27 Mar 2020 09:00:41 -0400 Hand sanitizer is not the only coronavirus necessity. Students stuck at home in close and noisy quarters could use headphones to keep out distractions and allow them to focus on their studies. Full Article
income California pulls back clean-vehicle rebates to point them at lower-income buyers By www.latimes.com Published On :: Wed, 13 Nov 2019 09:00:30 -0500 Starting in December, those looking to buy electric vehicles with a price tag of more than $60,000 won't qualify for rebates — nor will plug-in hybrids with less than 35 miles of all-electric range. Full Article
income Review: Income inequality? 'Capital in the Twenty-First Century' says the system needs fixing By www.latimes.com Published On :: Thu, 30 Apr 2020 15:32:41 -0400 Filmmaker Justin Pemberton turns French economist Thomas Piketty's 2013 manifesto on inequality, "Capital in the Twenty-First Century," into an engaging documentary. Full Article
income Universal Credit UK: Earnings affect payments - how other forms of income impact amount By feedproxy.google.com Published On :: Sat, 09 May 2020 16:54:00 +0100 UNIVERSAL CREDIT claims have surged in recent weeks, as Britons have begun to feel the impact of the coronavirus crisis. How do earnings affect payments? Full Article
income State pension age? Some could boost monthly income - DWP announces new way to apply By feedproxy.google.com Published On :: Fri, 08 May 2020 14:37:00 +0100 STATE PENSION age must be reached in order to get the state pension. It also marks the point at which some may be able to claim the means-tested benefit Pension Credit. Full Article
income Universal Credit UK: Earnings affect payments - how other forms of income impact amount By feedproxy.google.com Published On :: Sat, 09 May 2020 16:54:00 +0100 UNIVERSAL CREDIT claims have surged in recent weeks, as Britons have begun to feel the impact of the coronavirus crisis. How do earnings affect payments? Full Article
income How coronavirus hit operating income for Lucas Oil Stadium, Indiana Convention Center By rssfeeds.indystar.com Published On :: Fri, 08 May 2020 19:21:06 +0000 Operating revenues for the Indiana Convention Center and Lucas Oil Stadium dropped by 60 percent in March, during coronavirus, compared to last year. Full Article
income Realtors® Urge Deduction for Rental Income By feedproxy.google.com Published On :: Fri, 28 Sep 2018 19:33:43 +0000 REALTORS® Urge Deduction for Rental Income NAR called on the Treasury Department and IRS to treat all real property rental activity as eligible for the 20 percent deduction. By: Wesley Shaw Full Article
income Coronavirus: All Citizens Need an Income Support By feedproxy.google.com Published On :: Mon, 16 Mar 2020 10:50:49 +0000 16 March 2020 Jim O'Neill Chair, Chatham House We cannot expect policies such as the dramatic monetary steps announced by the Federal Reserve Board and others like it, to end this crisis. A People's Quantitative Easing (QE) could be the answer. 2020-03-16-coronavirus-delivery.jpg Delivery bike rider wearing a face mask as a precaution against coronavirus at Madrid Rio park. Photo by Pablo Cuadra/Getty Images. Linked to the call for a global response to the Covid-19 pandemic that I, Robin Niblett and Creon Butler have outlined, the case for a specific dramatic economic policy gesture from many policymakers in large economies is prescient.It may not be warranted from all G20 nations, although given the uncertainties, and the desire to show collective initiative, I think it should be G20 driven and inclusive.We need some sort of income support for all our citizens, whether employees or employers. Perhaps one might call it a truly People’s QE (quantitative easing).Against the background of the previous economic crisis from 2008, and the apparent difficulties that more traditional forms of economic stimulus have faced in trying to help their economies and their people - especially against a background of low wage growth, and both actual, and perception of rising inequality - other ideas have emerged.Central banks printing moneyBoth modern monetary theory (MMT) and universal basic income (UBI) essentially owe their roots to the judgement that conventional economic policies have not been helping.At the core of these views is the notion of giving money to people, especially lower income people, directly paid for by our central banks printing money. Until recently, I found myself having very little sympathy with these views but, as a result of COVID-19, I have changed my mind.This crisis is extraordinary in so far as it is both a colossal demand shock and an even bigger colossal supply shock. The crisis epicentre has shifted from China - and perhaps the rest of Asia - to Europe and the United States. We cannot expect policies, however unconventional by modern times, such as the dramatic monetary steps announced by the Federal Reserve Board and others like it, to put a floor under this crisis.We are consciously asking our people to stop going out, stop travelling, not go to their offices - in essence, curtailing all forms of normal economic life. The only ones not impacted are those who entirely work through cyberspace. But even they have to buy some forms of consumer goods such as food and, even if they order online, someone has to deliver it.As a result, markets are, correctly, worrying about a collapse of economic activity and, with it, a collapse of companies, not just their earnings. Expansion of central bank balance sheets is not going to do anything to help that, unless it is just banks we are again worried about saving.What is needed in current circumstances, are steps to make each of us believe with high confidence that, if we take the advice from our medical experts, especially if we self-isolate and deliberately restrict our personal incomes, then we will have this made good by our governments. In essence, we need smart, persuasive People’s QE.Having discussed the idea with a couple of economic experts, there are considerable difficulties with moving beyond the simple concept. In the US for example, I believe the Federal Reserve is legally constrained from pursuing a direct transfer of cash to individuals or companies, and this may be true elsewhere.But this is easily surmounted by fiscal authorities issuing a special bond, the proceeds of which could be transferred to individuals and business owners. And central banks could easily finance such bonds.It is also the case that such a step would encroach on the perception and actuality of central bank independence, but I would be among those that argue central banks can only operate this independence if done wisely. Others will argue that, in the spirit of the equality debate, any income support should be targeted towards those on very low incomes, while higher earners or large businesses, shouldn’t be given any, or very little.I can sympathise with such spirit, but this also ignores the centrality of this particular economic shock. All of our cafes and restaurants, and many of our airlines, and such are at genuine risk of not being able to survive, and these organisations are considerable employers of people on income.It is also the case that time is of the essence, and we need our policymakers to act as soon as possible, otherwise the transmission mechanisms, including those about the permanent operation of our post World War 2 form of life may be challenged.We need some kind of smart People’s QE now. Full Article
income Should the Super-Rich Pay for a Universal Basic Income? By feedproxy.google.com Published On :: Tue, 10 Apr 2018 00:00:00 +0100 Full Article
income Coronavirus: All Citizens Need an Income Support By feedproxy.google.com Published On :: Mon, 16 Mar 2020 10:50:49 +0000 16 March 2020 Jim O'Neill Chair, Chatham House We cannot expect policies such as the dramatic monetary steps announced by the Federal Reserve Board and others like it, to end this crisis. A People's Quantitative Easing (QE) could be the answer. 2020-03-16-coronavirus-delivery.jpg Delivery bike rider wearing a face mask as a precaution against coronavirus at Madrid Rio park. Photo by Pablo Cuadra/Getty Images. Linked to the call for a global response to the Covid-19 pandemic that I, Robin Niblett and Creon Butler have outlined, the case for a specific dramatic economic policy gesture from many policymakers in large economies is prescient.It may not be warranted from all G20 nations, although given the uncertainties, and the desire to show collective initiative, I think it should be G20 driven and inclusive.We need some sort of income support for all our citizens, whether employees or employers. Perhaps one might call it a truly People’s QE (quantitative easing).Against the background of the previous economic crisis from 2008, and the apparent difficulties that more traditional forms of economic stimulus have faced in trying to help their economies and their people - especially against a background of low wage growth, and both actual, and perception of rising inequality - other ideas have emerged.Central banks printing moneyBoth modern monetary theory (MMT) and universal basic income (UBI) essentially owe their roots to the judgement that conventional economic policies have not been helping.At the core of these views is the notion of giving money to people, especially lower income people, directly paid for by our central banks printing money. Until recently, I found myself having very little sympathy with these views but, as a result of COVID-19, I have changed my mind.This crisis is extraordinary in so far as it is both a colossal demand shock and an even bigger colossal supply shock. The crisis epicentre has shifted from China - and perhaps the rest of Asia - to Europe and the United States. We cannot expect policies, however unconventional by modern times, such as the dramatic monetary steps announced by the Federal Reserve Board and others like it, to put a floor under this crisis.We are consciously asking our people to stop going out, stop travelling, not go to their offices - in essence, curtailing all forms of normal economic life. The only ones not impacted are those who entirely work through cyberspace. But even they have to buy some forms of consumer goods such as food and, even if they order online, someone has to deliver it.As a result, markets are, correctly, worrying about a collapse of economic activity and, with it, a collapse of companies, not just their earnings. Expansion of central bank balance sheets is not going to do anything to help that, unless it is just banks we are again worried about saving.What is needed in current circumstances, are steps to make each of us believe with high confidence that, if we take the advice from our medical experts, especially if we self-isolate and deliberately restrict our personal incomes, then we will have this made good by our governments. In essence, we need smart, persuasive People’s QE.Having discussed the idea with a couple of economic experts, there are considerable difficulties with moving beyond the simple concept. In the US for example, I believe the Federal Reserve is legally constrained from pursuing a direct transfer of cash to individuals or companies, and this may be true elsewhere.But this is easily surmounted by fiscal authorities issuing a special bond, the proceeds of which could be transferred to individuals and business owners. And central banks could easily finance such bonds.It is also the case that such a step would encroach on the perception and actuality of central bank independence, but I would be among those that argue central banks can only operate this independence if done wisely. Others will argue that, in the spirit of the equality debate, any income support should be targeted towards those on very low incomes, while higher earners or large businesses, shouldn’t be given any, or very little.I can sympathise with such spirit, but this also ignores the centrality of this particular economic shock. All of our cafes and restaurants, and many of our airlines, and such are at genuine risk of not being able to survive, and these organisations are considerable employers of people on income.It is also the case that time is of the essence, and we need our policymakers to act as soon as possible, otherwise the transmission mechanisms, including those about the permanent operation of our post World War 2 form of life may be challenged.We need some kind of smart People’s QE now. Full Article
income Coronavirus: All Citizens Need an Income Support By feedproxy.google.com Published On :: Mon, 16 Mar 2020 10:50:49 +0000 16 March 2020 Jim O'Neill Chair, Chatham House We cannot expect policies such as the dramatic monetary steps announced by the Federal Reserve Board and others like it, to end this crisis. A People's Quantitative Easing (QE) could be the answer. 2020-03-16-coronavirus-delivery.jpg Delivery bike rider wearing a face mask as a precaution against coronavirus at Madrid Rio park. Photo by Pablo Cuadra/Getty Images. Linked to the call for a global response to the Covid-19 pandemic that I, Robin Niblett and Creon Butler have outlined, the case for a specific dramatic economic policy gesture from many policymakers in large economies is prescient.It may not be warranted from all G20 nations, although given the uncertainties, and the desire to show collective initiative, I think it should be G20 driven and inclusive.We need some sort of income support for all our citizens, whether employees or employers. Perhaps one might call it a truly People’s QE (quantitative easing).Against the background of the previous economic crisis from 2008, and the apparent difficulties that more traditional forms of economic stimulus have faced in trying to help their economies and their people - especially against a background of low wage growth, and both actual, and perception of rising inequality - other ideas have emerged.Central banks printing moneyBoth modern monetary theory (MMT) and universal basic income (UBI) essentially owe their roots to the judgement that conventional economic policies have not been helping.At the core of these views is the notion of giving money to people, especially lower income people, directly paid for by our central banks printing money. Until recently, I found myself having very little sympathy with these views but, as a result of COVID-19, I have changed my mind.This crisis is extraordinary in so far as it is both a colossal demand shock and an even bigger colossal supply shock. The crisis epicentre has shifted from China - and perhaps the rest of Asia - to Europe and the United States. We cannot expect policies, however unconventional by modern times, such as the dramatic monetary steps announced by the Federal Reserve Board and others like it, to put a floor under this crisis.We are consciously asking our people to stop going out, stop travelling, not go to their offices - in essence, curtailing all forms of normal economic life. The only ones not impacted are those who entirely work through cyberspace. But even they have to buy some forms of consumer goods such as food and, even if they order online, someone has to deliver it.As a result, markets are, correctly, worrying about a collapse of economic activity and, with it, a collapse of companies, not just their earnings. Expansion of central bank balance sheets is not going to do anything to help that, unless it is just banks we are again worried about saving.What is needed in current circumstances, are steps to make each of us believe with high confidence that, if we take the advice from our medical experts, especially if we self-isolate and deliberately restrict our personal incomes, then we will have this made good by our governments. In essence, we need smart, persuasive People’s QE.Having discussed the idea with a couple of economic experts, there are considerable difficulties with moving beyond the simple concept. In the US for example, I believe the Federal Reserve is legally constrained from pursuing a direct transfer of cash to individuals or companies, and this may be true elsewhere.But this is easily surmounted by fiscal authorities issuing a special bond, the proceeds of which could be transferred to individuals and business owners. And central banks could easily finance such bonds.It is also the case that such a step would encroach on the perception and actuality of central bank independence, but I would be among those that argue central banks can only operate this independence if done wisely. Others will argue that, in the spirit of the equality debate, any income support should be targeted towards those on very low incomes, while higher earners or large businesses, shouldn’t be given any, or very little.I can sympathise with such spirit, but this also ignores the centrality of this particular economic shock. All of our cafes and restaurants, and many of our airlines, and such are at genuine risk of not being able to survive, and these organisations are considerable employers of people on income.It is also the case that time is of the essence, and we need our policymakers to act as soon as possible, otherwise the transmission mechanisms, including those about the permanent operation of our post World War 2 form of life may be challenged.We need some kind of smart People’s QE now. Full Article
income Diabetes Prevalence and Its Relationship With Education, Wealth, and BMI in 29 Low- and Middle-Income Countries By care.diabetesjournals.org Published On :: 2020-03-20T11:50:34-07:00 OBJECTIVE Diabetes is a rapidly growing health problem in low- and middle-income countries (LMICs), but empirical data on its prevalence and relationship to socioeconomic status are scarce. We estimated diabetes prevalence and the subset with undiagnosed diabetes in 29 LMICs and evaluated the relationship of education, household wealth, and BMI with diabetes risk. RESEARCH DESIGN AND METHODS We pooled individual-level data from 29 nationally representative surveys conducted between 2008 and 2016, totaling 588,574 participants aged ≥25 years. Diabetes prevalence and the subset with undiagnosed diabetes was calculated overall and by country, World Bank income group (WBIG), and geographic region. Multivariable Poisson regression models were used to estimate relative risk (RR). RESULTS Overall, prevalence of diabetes in 29 LMICs was 7.5% (95% CI 7.1–8.0) and of undiagnosed diabetes 4.9% (4.6–5.3). Diabetes prevalence increased with increasing WBIG: countries with low-income economies (LICs) 6.7% (5.5–8.1), lower-middle-income economies (LMIs) 7.1% (6.6–7.6), and upper-middle-income economies (UMIs) 8.2% (7.5–9.0). Compared with no formal education, greater educational attainment was associated with an increased risk of diabetes across WBIGs, after adjusting for BMI (LICs RR 1.47 [95% CI 1.22–1.78], LMIs 1.14 [1.06–1.23], and UMIs 1.28 [1.02–1.61]). CONCLUSIONS Among 29 LMICs, diabetes prevalence was substantial and increased with increasing WBIG. In contrast to the association seen in high-income countries, diabetes risk was highest among those with greater educational attainment, independent of BMI. LMICs included in this analysis may be at an advanced stage in the nutrition transition but with no reversal in the socioeconomic gradient of diabetes risk. Full Article
income [ United States ] Open Question : Is my $1,200 stimulus check taxable as income? By answers.yahoo.com Published On :: Sat, 09 May 2020 17:18:26 +0000 Full Article
income Wintrust Financial Corporation Reports Record Full-Year 2019 Net Income of $355.7 million and Fourth Quarter 2019 Net Income of $86.0 million, up 8% from the Fourth Quarter 2018 By www.snl.com Published On :: Tue, 21 Jan 2020 22:15:00 GMT To view more press releases, please visit http://www.snl.com/irweblinkx/news.aspx?iid=1024452. Full Article
income Wintrust Financial Corporation Reports First Quarter 2020 Net Income of $62.8 million By www.snl.com Published On :: Tue, 21 Apr 2020 22:15:00 GMT To view more press releases, please visit http://www.snl.com/irweblinkx/news.aspx?iid=1024452. Full Article
income Workers, capitalists, and the government: fiscal policy and income (re)distribution By www.bankofengland.co.uk Published On :: 2020-04-24T00:00:00Z Bank of England Working Papers by Cristiano Cantore and Lukas Freund Full Article