Study: Income Inequality In Bay Area Exceeds National LevelsA Silicon Valley economic research institute said that income inequality in the Bay Area is now more severe than in the rest of the nation, according to a Silicon Valley economic research institute.
Developers Aim For Affordable Housing, New Community At Alameda PointA new development plan is taking shape at Alameda Point that will bring affordable housing to the area.
Study Finds California’s Tax System Too Burdensome For Low-Income EarnersA 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's Gap Between Rich And Poor Second Largest In Nation, Study FindsSan 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 JewelryA Bay Area Uber driver is earning a six-figure income after he turned his car into a mobile showroom for the jewelry he creates.
San Francisco’s Affordable Housing Measure Compromised By Mayor Lee’s Negotiations With Supervisor 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.
More Mega Millionaires In SF Than Ever BeforeThe 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: Soda Tax Would Compel Behavior Changes In Low–Income Neighborhoods 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.
7 Deductions That Lower Your Taxable IncomeMost 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.
Gap Between Rich And Poor Much Larger In SF, Oakland Than In San Jose 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.
San Ramon, Pleasanton & Palo Alto Named Among Nation's Wealthiest CitiesMany 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's Net Income Falls 5 Percent As Oil Prices SlipChevron said its net income fell 5 percent in the first quarter as oil prices slipped.