With a median income income hovering around $75,000 in the United States, some of the shrinking middle class is moving to the upper class. The share of income held by the middle class fell from 61% in ...

The term “upper class” evokes images of wealth and privilege. But what does it truly mean in terms of income? While there’s no definitive line, households in the top 20% of earners are generally ...

If you’re earning $50,000 a year, where you live could mean the difference between paying less than $50 or about $4,000 in state income taxes annually. That’s a lot more in your pocket — or your state ...

The term "middle class" is a term revered by politicians as the purported backbone of America, a group of people identified as not poor nor considered rich. In fact, many Americans despite their ...