Study: Deregulation will lead to $3.1K in extra income per household

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Over the next 5-10 years, deregulation will lead to $3100 extra income per household according to a new study from the Council of Economic Advisors. Epoch Times: President Donald Trump’s deregulation agenda will result in $3,100 of additional income per American household in 5-10 years, according to a two-year study by the Council of Economic Advisors. Trump campaigned […]

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2018: Charitable giving by corporations up 5.4%

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According to Giving USA, charitable giving by corporations were up 5.4% in 2018 from 2017. Givingusa.org ↑ Giving by corporations is estimated to have increased by 5.4% in 2018, totaling $20.05 billion (an increase of 2.9%, adjusted for inflation). The report did find that personal donations by individuals went down ↓ Giving by individuals totaled an estimated $292.09 billion, […]

2008: Federal Reserve policies leading to income inequality

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According to a new study the richest 10% control 70% of America’s wealth. Market Watch: The rich are getting richer. It is a refrain that has certainly been uttered before, and likely will again, as Deutsche Bank Securities’ chief economist points out that the gap between the haves and have-nots in the U.S. is, indeed, […]

April! Two key 2020 states hit record low unemployment

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Two major swing states hit a record low in unemployment in April. CNBC: Along with the new low for Vermont, Pennsylvania at 3.8% and Wisconsin’s 2.8% set new standards for state unemployment as indicated by records that go back to 1976. Pennsylvania and Wisconsin’s fortunes are significant in that they will be key swing states […]

Trump’s tariffs making businesses shift supply chains from China

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Trump’s tariffs are making businesses begin to shift there supply chains from China. Washington Examiner:  Whether President Trump is bluffing or stating his honest opinion that he is comfortable with permanent tariffs on Chinese goods, businesses are increasingly deciding they need to start planning for the tariffs to be around for a long time. “In […]

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 […]