2016! Over 50M Americans paid ZERO or less in Income Taxes

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Over $50 Million Americans paid zero dollars or less in Income Taxes in 2016. CNS: Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667—or 33.4 percent–were classified by the Internal Revenue Service as “nontaxable returns,” meaning the people who filed them paid $0 or less in income taxes, according to data published by […]

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POLL! 7 out of 10 say economy is in ‘good shape’

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According to a new CNN Poll, 7 out of 10 Americans view the economy as in ‘good shape’.(It is important to recognize that only 51% approve of Trump’s handling of the economy) CNN: Americans give the nation’s economy glowing reviews in a new CNN Poll conducted by SSRS, and Donald Trump’s approval rating may be […]

Who is right? ADP claims 183k jobs created in Feb while BLS says only 20k

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The number of Jobs created is not clear due to a major discrepancy between the ADP and BLS. BLS claimed only 20,000 jobs were created: The economy added 186,000 jobs on average each of the past 3 months, but only 20,000 in February, the 101st straight month of job growth. Statistical noise or evidence of […]

Amazon paid a -1% federal tax rate last year

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According to a progressive think tank, Amazon paid a -1% federal tax rate last year, which is less than the bottom 20% of Americans did in 2015. Chicago Tribune: Amazon, the e-commerce giant helmed by the world’s richest man, paid no federal taxes on profit of $11.2 billion last year, according to an analysis of […]

US Steel restarting facility thanks to Trump Tariffs

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US Steel announced it is restarting one of its steel mills thanks to Donald Trump’s tariffs. US STEEL: United States Steel Corporation (NYSE: X) today announced the restart of construction on a technologically advanced electric arc furnace (EAF) steelmaking facility at its Tubular Operations in Fairfield, Ala., located in Jefferson County. U. S. Steel previously […]

Stock Market has best January since 1989

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After a rough December for the Stock Market had the best January since 1989. Fox Business: The S&P 500 jumped nearly 8 percent, the best action since 1987, while the Dow’s 7 percent rise was the best since 1989. The Nasdaq also fared well gaining nearly 10 percent, the best since 2001, as tracked by Dow […]

Herman Cain rumored as Trump pick for Fed Reserve board

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Herman Cain is now being rumored as Trump’s pick for a seat on the Federal Reserve Board. SCOOP: Trump is considering Herman Cain, the former pizza company CEO who ran for president in 2012, for a seat on the Federal Reserve board, five sources told me. — Jennifer Jacobs (@JenniferJJacobs) January 31, 2019 Herman Cain […]

MAGA! Private Companies add 213k jobs, smashing expectations

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Private companies added 213,000 jobs in January, more than the 178,000 that was expected. CNBC: Private payrolls grew in January at a much faster pace than expected as the labor market shrugged off the longest U.S. government shutdown in history, according to data released Wednesday by ADP and Moody’s Analytics. Companies added 213,000 jobs this […]