Kelley R. Taylor

1 week ago | kiplinger.com | Kelley R. Taylor

It's probably safe to say that most people don’t like paying taxes. Many feel they are paying too much. A Gallup poll revealed that 60% of U.S. taxpayers believe their federal income tax burden is too high. In addition, a new 2025 survey indicates that just over 50% of respondents think income taxes are unfair. So, as we approach the end of the 2025 tax season — the federal tax deadline was April 15 for most — it’s a good time to consider how the tax burden in the United States is distributed.

1 week ago | kiplinger.com | Kelley R. Taylor

Tax Day 2025 has arrived (taxes are due before the clock strikes midnight if you haven’t filed), and it's probably safe to say that most people don’t like paying taxes. Many feel they are paying too much. A Gallup poll revealed that 60% of U.S. taxpayers believe their federal income tax burden is too high. In addition, a new 2025 survey indicates that just over 50% of respondents think income taxes are unfair.

2 weeks ago | kiplinger.com | Kelley R. Taylor

This year, many older adults are receiving their Social Security checks with a modest 2.5% cost-of-living adjustment. However, some individuals are experiencing significantly increased benefits due to the Social Security Fairness Act. At the same time, Elon Musk and Trump's Department of Government Efficiency (DOGE) are leading efforts to make substantial cuts to the Social Security Administration.

3 weeks ago | kiplinger.com | Kelley R. Taylor

Sen. Cory Booker, Democrat from New Jersey, captured attention with a marathon speech on the floor of the United States Senate that lasted over 24 hours as of Tuesday evening. Beginning Monday, March 31, Booker vowed to speak "as long as I am physically able," using the platform to protest policies enacted under President Donald Trump since January. The speech, which Sen.

3 weeks ago | kiplinger.com | Kelley R. Taylor

You've probably noticed that President Donald Trump is making tariffs a central part of his economic strategy. He argues that these taxes on imported goods and services are crucial for reducing the United States trade deficit and enhancing U.S. manufacturing. However, many economists argue that Trump’s tariff policies will harm the U.S. economy by increasing costs for businesses and consumers, exacerbating inflation, and potentially slowing economic growth.