A Sacramento watchdog group has come out with their annual report that finds California’s low-income earners are paying 10.5 percent of their income in state and local taxes while the wealthiest only pay 8.7 percent.
San Francisco has one of the most unequal distribution of incomes in the United States, according to a new study.
Bay Area Uber Driver Pulling In Over $200K After Turning Car Into Rolling Showroom For Handmade Jewelry
A Bay Area Uber driver is earning a six-figure income after he turned his car into a mobile showroom for the jewelry he creates.
Affordable housing activists wanted a measure on November’s ballot, making it hard to for developers in San Francisco to build unless one-third of the new housing is reserved for renters in the low to moderate-income range.
The most expensive metro area in the U.S. is worse than Rwanda and Zimbabwe, and almost as bad as Guatemala and Suriname when it comes to the “haves” and the “have nots” according to San Francisco’s Human Services Agency, reviewing dozens of economic factors, including the “Gini Coefficient.”
Health experts addressed San Francisco’s Board of Supervisors this week to say a soda tax would compel changes in behavior in low-income neighborhoods and minority communities.
Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. But tax rule changes that applied in 2013 made them less valuable in cutting taxes for an increasing number of taxpayers.
It comes as no surprise that San Francisco and Oakland are top 10 among major United States cities for the earning gap between the haves and have-nots. However, you may be surprised to hear that San Jose ranks much lower among the 50 largest cities on income disparity, according to a Brookings Institute report.
Many people aspire to earn a six-figure income, but only about one-fifth of the nation’s households succeed. And, according to recent research, those six-figure families tend to congregate in a handful of cities, several of which are in the Bay Area.
Chevron said its net income fell 5 percent in the first quarter as oil prices slipped.