Some suggest that only the “rich” should pay the increased tax revenue since they are not paying their “fair share.” Of course, what is a “fair share” is a matter of opinion.
Last week, the Senate passed a bill imposing a minimum alternative corporate income tax.
We suspect inflation will eventually be conquered. We give even odds as to whether inflation has peaked.
When researchers try to include non-cash benefits, there are problems with the data.
History is sad, especially when it repeats itself nearly 90 years later.
Unless something is changed, it is also projected the trust fund will be depleted in 2035, when the system’s revenue will cover only about 80% of its promised benefits.
The framers increased the power of the national government compared to the Articles of Confederation so it could perform the functions of a national government.
Although a Gobstopper might be eternal, the tastes and preferences of consumers—even those with very little pocket money—are not.
The home gardener/canner is pretty much just as reliant on his fellow humans and market exchanges as those who get their produce at Walmart.
Few public policies are as broadly popular as the proposition that infants should have access to baby formula.
To reduce the use of fossil fuels, it is rather obvious current users will have to find substitutes for its current uses.
During the current recovery, the Fed has abused its discretion, purchasing trillions in Treasury bonds and mortgage securities, flooding the economy with money and credit.
A federal price gouging law would not lower inflation because it does nothing to address its cause.
Founded in 1997, the trust owns and maintains a collection of over 1,500 first or early editions of great books and manuscripts, mostly published before 1900.
The observations came in the Federal Reserve’s semiannual Financial Stability Report that looks at trends in trading and investing as well as broad economic issues.
It is important to recognize that the dollar value of production of final goods in an economy is not identical to the well-being or living standard of the residents of the economy, although the two are inevitably related.
Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S. dollars.
Ongoing access to resources is necessary for any broadcast, publication or communications network to be viable.
In our opinion, the only reason inflation expectations aren’t higher is that the Fed hasn’t lost all credibility in its commitment to lowering inflation.
One little heralded change was when the Fed moved in 2019 from a two percent inflation target to a two percent average inflation target.
