Over the last two months, the S&P 500 peaked at about 4,600 at the end of July and closed today at about 4300. That about a 7% haircut for a 401k or IRA holding “the market.” Of course, this was not a straight line fall but rather quite a volatile one marked by a strong bear market trap push back to around 4,500 on September 1…
Think Your Bills Are High Now? All the Tax Hikes Hitting Americans on January 1 Revealed: Electricity Costs to Soar…
In fact, middle class Americans will pay new taxes – directly contradicting Biden’s promise to not raise penalties on people earning under $400,000…
Ten Things You Can Do Now to Curb Wall Street’s Wealth Transfer System…
The late 1920s and the early 2000s had two things in common. There was an unprecedented level of wealth and income inequality in the United States and there was no federal legislation to prevent giant Wall Street trading houses from owning deposit-taking banks filled with the savings of moms and pops across America. In both […]
300 Companies Announce Tax Reform, Bonuses, Raises or 401(k) Hikes…
At least 300 companies have announced tax reform bonuses, pay raises, or 401(k) hikes, according to a running list compiled by Americans for Tax Reform, found at www.atr.org/list. Democrats and most media outlets continue to dismiss or altogether ignore the good news about tax reform. American workers do not agree with the “crumbs” comments of […]
WaPo Tears Apart Dem Talking Point That Tax Cuts Only Benefit Wealthy…
Trump/GOP Tax Plan Released (Not Large Home Friendly)…
Lowers individual tax rates for low- and middle-income Americans to Zero, 12%, 25%, and 35%; keeps tax rate for those making over $1 million at 39.6% – Increases the standard deduction from $6,350 to $12,000 for individuals and $12,700 to $24,000 for married couples. – Establishing a new Family Credit, which includes expanding…