Must Read Money Stories For Friday, April 17

by April 17, 2015


Tax breakdown. FiveThirtyEight cracks open new data from the census bureau to figure out where states are getting their tax revenue. Nevada gets the highest percentage of revenue from “sin taxes” compared to other states. North Dakota collects the highest amount of taxes per resident, but as FiveThirtyEight points out, most of that comes from the oil boom happening there. See how your state stacks up with the handy interactive chart at the end.

Blogger solidarity. Writers at Gawker Media are looking to unionize. According to Gawker writer Hamilton Nolan, a large group of staffers from many of the media group’s websites met with the Writers Guild in New York. Nolan says “an organized workforce is part of growing up” for the company.

No more welfare luxuries. Kansas governor Sam Brownback has officially signed a controversial welfare reform law that puts new restrictions on how beneficiaries can spend their money. So for all those people in Kansas using welfare money to pay for tattoos, massages and lingerie, you’re going to have to make a change. Check out the Kansas City Star for details

Teens and tobacco. E-cigarette use tripled among high school students in the past year, according to the Centers for Disease Control. The CDC report says nearly 1 in 7 high school students used e-cigarettes in 2014. Reuters reports traditional tobacco companies are scrambling to go after the e-cigarette market. A leader of one e-cigarette company says more should be done to keep the product away from kids.

Promotion we’ve been waiting for. Chicago Cubs third baseman Kris Bryant was called up to the Majors on Thursday, making Friday his first official day in MLB. The Cubs were criticized  for leaving Bryant off their opening day roster this year, despite his phenomenal performance in spring training. But, as we wrote earlier this month , keeping the 23-year-old in the minors was a wise business decision for the North Siders.


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