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Amid rising property taxes, this homeowner turned to Airbnb

Dec 10, 2024
Charlotte Kreutz listed a private room in her home on Airbnb. Almost immediately, she started getting bookings.
"Without the Airbnb covering our property taxes, we would probably have to move," said  Charlotte Kreutz, a homeowner in Jersey City, New Jersey.
Courtesy Kreutz

How Trump's policy proposals could affect housing prices

Nov 22, 2024
Trump’s deportation plans would slow down construction, while his tariff and tax policies could keep interest rates high.
Allen J. Schaben / Los Angeles Times via Getty Images

What a second Trump term means for U.S. fiscal health

U.S. fiscal health is at higher risk after Trump won the election. Marketplace's David Brancaccio speaks with Harvard professor Jason Furman to learn more.
"President Trump was basically every week announcing a new area of income that would not be subject to tax," said professor Jason Furman. "You add all of that up, and it's more than $10 trillion worth of promises."
Scott Olson/Getty Images

Trump inherits a sturdy economy

Nov 6, 2024
Higher tariffs and lower taxes are key to Trump's plan. The WSJ's Greg Ip weighs their potential effect on the economy Biden and the Fed built.

IRS announces new tax brackets and deductions based on inflation rate

Oct 23, 2024
The IRS based the changes on an inflation rate of 2.8%.
The IRS has released new tax guidance detailing updated brackets that adjust for recent inflation.
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What if tips weren't taxed?

Aug 13, 2024
Both Donald Trump and Kamala Harris support eliminating federal taxes on tips. It might attract votes from tipped workers, who make up 2.5% of the American labor force. But what would it mean for tax policy?
The Tax Foundation estimates that eliminating income taxes on tips would cost at least $107 billion in revenue over 10 years.
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Fact-checking the economic claims in Donald Trump’s convention speech

Alan Rappeport, economic policy reporter at The New York Times, examines the former president's assertions about inflation, taxes and energy.
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GOP platform promises to preserve retiree benefits, but it's short on details

Jul 18, 2024
The Republican Party says it will maintain Social Security and Medicare entitlements without cutting benefits, but that's a tall order.

Social Security cuts are inevitable by 2035 unless lawmakers act

Jun 27, 2024
Social Security has been known as “the third rail of American politics” since the early 1980s, with the idea that touching the program can prove deadly to a politician’s career.
Because Social Security can’t take on any debt or tap into general revenues to fund benefits, Congress needs to do something before the money runs out.
J. David Ake/Getty Images