Americans Pay More In Taxes Than They Spend On Food, Clothes

On a brilliant day three years ago, a grieving crowd gathered on the South Side of Chicago to bury Adewale Ezekiel Ogunyemi. In Nigeria, Ogunyemi had not earned enough working in a bank to support his mother, wife and two daughters. So in 2019, he flew to the United States on a tourist visa and obtained fake identity documents.

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If you're expecting to move up to a higher tax bracket in future years, it might make sense to convert your traditional IRA to a Roth.