by Daniel White | Jun 28, 2021 | Economy
June 28, 2021 While on one hand President Biden says America is ready to take off, on the other he seems to want to take from earners and redistribute that wealth to non-earners. The president wants the IRS to target high-earning Americans he thinks may be shielding...
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...