Bonnie Cash/CNP / SplashNews.com / Bonnie Cash/CNP / SplashNews.com President Donald Trump has floated the idea of eliminating individual income taxes. At a conference earlier this year, he said, “Instead of taxing our citizens to enrich foreign nations, we should be tariffing and taxing foreign nations to enrich our citizens,” Fox Business reported. What exactly would that mean for a household earning $75,000 per year? The Numbers For a married couple filing jointly, eliminating income taxes...

miroslav_1 / iStock.com Arizona ranks second in the nation for retiree migration (after Florida), according to Vision Retirement. Does that mean you should follow suit and head to Arizona for retirement? Before moving to the Grand Canyon State, consider the following drawbacks. Also see what it costs retirees to rent in Tucson and six other Arizona cities. Disaster Risk No one wants to lose their home to a fire or flood, but it’s especially hard to rebuild in your 70s or 80s. And make no...

Commitment to Our Readers The stock market recently tumbled in the wake of President Donald Trump’s announcement of reciprocal tariffs. While most of the reciprocal tariffs have been temporarily paused, some stocks are still down. Take Goldman Sachs (GS), for example. As of April 10, 2025, it’s down 16% for the year. Thinking about scooping up some Goldman Sachs stock while it’s down from recent highs? Weigh these pros and cons before you buy. Pro: Goldman Sachs Isn’t Going Anywhere Founded...

brizmaker / iStock.com Commitment to Our Readers Breaking with presidential tradition, President Donald Trump refused to release his personal tax returns to the public. That sparked a bitter legal debate a few years ago, eventually resulting in him being forced to do so. It quickly became clear why President Trump didn’t want to share them. In some years, he paid no federal income taxes at all, and Bloomberg reported that the highest effective tax rate he paid during the published years was...

Commitment to Our Readers In an interview with Fox News, President Donald Trump agreed that American consumers may face some turbulence in the wake of his economic agenda. “There is a period of transition because what we’re doing is very big,” he said in the interview. The interviewer asked him about the stock market and economic performance in the wake of tariffs, citing what he told Congress in a speech: “There will be a little disturbance, but we’re OK with that,” he said. The turmoil...