Tag Archives: tax rates

What are Corporations Doing With Their Tax Cut?

Popular Economics Weekly Economists are predicting second quarter GDP growth of as much as 3.8 percent, up from 2.2 percent in Q1 2018. But it may be a one-time surge, as all indications are the massive 2017corporate tax cut that … Continue reading

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Record Income Inequality + Trade War = Another Recession?

Popular Economics Weekly Graph: BigTrends.com The Smoot-Hawley Tariff Act, so called, was imposed in 1930 when the Hoover administration raised tariffs on 20,000 foreign, mostly agricultural, imports in an attempt to protect American farmers as we were entering the Great … Continue reading

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Republican’s Tax Reform = U.S. Bankruptcy?

Popular Economics Weekly We know most of the sordid details, by now. The Repubs’ about-to-be-approved tax bill will drive the U.S. into a defacto bankruptcy. It contains very little for the middle and lower income tax brackets that do the … Continue reading

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U.S. Taxes Are Not High!

Financial FAQs No, our taxes are not too high, and Americans suffer for it. In fact, the non-partisan Tax Policy Center says U.S. taxes at all levels of government represented 26 percent of GDP, compared with an average of 34 … Continue reading

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A Gangbusters Employment Report

Popular Economics Weekly Payrolls rose 261,000 in October following an 18,000 rise in September, easily weathering the season’s hurricane disruptions, the government said Friday. But 765,000 dropped out of the labor force, which is why the unemployment rate fell to … Continue reading

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A Gangbusters Employment Report

Popular Economics Weekly Payrolls rose 261,000 in October following an 18,000 rise in September, easily weathering the season’s hurricane disruptions, the government said Friday. But 765,000 dropped out of the labor force, which is why the unemployment rate fell to … Continue reading

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What Creates Higher Growth?

Popular Economics Weekly Amidst all the talk of Republicans promise to cut regulations and taxes to boost growth, there is one problem. Where are the workers that would boost growth? We are already close to full employment, and in fact … Continue reading

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