by Daniel White | Jun 21, 2021 | Economy
June 21, 2021 The average American will pay $525,037 in taxes over their lifetime, according to a new study by financial technology company Self. For the purposes of the study, income taxes, state and local taxes, property taxes, sales taxes, and taxes on automobiles...
by Daniel White | Jun 14, 2021 | Economy
June 14, 2021 Inflation is here folks. The latest inflation data show readings of 4.6% on the Consumer Price Index and 6.2% on the Producer Price Index, which are both huge jumps. Everywhere you read, the Federal Reserve said the inflation is transitory, as in it...
by Daniel White | Jun 7, 2021 | Economy
June 7, 2021 The April 2021 jobs report may be the most disappointing of all time. Analysts expected the U.S. to add a million new jobs, but it was a paltry 266,000. The mismatch between consensus expectations and reality was the largest since 1998. Worse yet, the...
by Daniel White | May 24, 2021 | Economy
May 24, 2021 There is a confluence of potentially disastrous financial events ahead, and we seem to be barreling head-first into the storm without regard. Let’s start with business taxes. U.S. Treasury Secretary Janet Yellen’s call for a minimum global corporate tax...
by Daniel White | May 17, 2021 | Economy
May 17, 2021 It’s a bit odd when the party claiming to be for everyone – the Democratic Party – wants to eliminate a law from 1954 that benefits almost all Americans. But here we are. President Biden, along with Democrats in the House and Senate, want to eliminate the...