Jun 4, 2014, 11:57 am EDT
If you already think it’s hard to beat the market, imagine how much harder it will be to invest in stocks profitably if the tax burden goes up.
Unfortunately, that’s what 9 in 10 Americans apparently want.
WalletHub released its 2014 Tax Fairness Survey, which “assesses opinions on tax code complexity, income tax structure, and the fairness of taxes on everything from investment income and corporations to alcohol and tobacco,” according to a press release. Read
Jun 2, 2014, 10:09 am EDT
A new EPA rule looks to cut greenhouse gas emissions from power plants 30% by 2030.
The Obama administration’s proposal is significant in that it’s being seen as a potentially giant step toward combatting climate change.
The Environmental Protection Agency’s plan points to state-specific targets for carbon dioxide reductions. Read
May 30, 2014, 10:36 am EDT
A New York high school banned backpacks and put several other restrictions into place on Tuesday.
Restrictions added to Wantagh High School were due to bomb threats. The restrictions are as follows: lockers have been sealed and will remain that way for the rest of the school year, all items brought to the school must be done so in a clear bag, bags will be checked before entering school at the start of the day and after lunch, bathrooms breaks are more limited and additional security cameras have been added, CBS News notes. Read
May 29, 2014, 5:46 pm EDT
The U.S. Food and Drug Administration announced that tanning beds must now carry warning labels.
The FDA said that tanning beds need to include a black box warning stating that the product should not be used by children under the age of 18. The beds must also include information on cancer risks as well as a note stating that indoor tanners should get evaluated for skin cancer on a regular basis.
Indoor tanning salons increase the risk of melanoma by 59%. The American Academy of Dermatology said that melanoma is the deadliest kind of skin cancer and the risk of getting melanoma increases each time a person is exposed to UV rays from tanning beds. Read