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Tax Reform

Politics
More People Are Leaving NYC Than Any Other US City, New Report Says More People Are Leaving NYC Than Any Other US City, New Report Says
More People Are Leaving NYC Than Any Other US City, New Report Says The mass exodus of New Yorkers leaving New York City has hit a record pace. According to new reports, as many as 277 people are leaving New York City each day, leading all U.S. metro areas, and more than double the number recorded last year. Los Angeles and Chicago were second and third on the list, with 201 and 161 residents reportedly leaving each day. The data came from the 2018 Ceneus data on migration in the largest 100 cities in the country. Between July 2017 and July 2018, New York lost 180,306 people and gained 131,746 new residents. A difference of 48,560 abandoned New York — the …

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by Zak Failla
News
Tax Refunds Expected To Shrink For Millions Of Americans Tax Refunds Expected To Shrink For Millions Of Americans
Tax Refunds Expected To Shrink For Millions Of Americans As millions of Americans file and complete their 2018 taxes, some have been shocked by a minimal return, including several who are now paying out to the Internal Revenue Service after years of receiving refunds. According to the IRS, the total number of returns received in the week ending on Feb. 1 - more than 16 million - was down 12.4 percent from the week that ended on Feb. 2 last year. Only 13.31 million returns have been processed, down 25.8 percent from the year before. The average refund of $1,865 was 8.4 percent smaller than the average refund in the same period last year, when it w…

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by Zak Failla