The Federal Reserve must go big with a supersized 50 basis point interest rate cut in September to get ahead of a looming economic storm, warns the CEO of a leading independent financial advisory and fintech. The warning from deVere Group’s Nigel Green comes as consumer prices in the US inched up modestly last month, adding fuel … Read more
I’m tired of hearing Republicans claim that we should reduce taxes on corporations because corporate tax cuts create jobs. It’s untrue. Also untrue are the repeated Republican assertions that tax increases on corporations, and regulations requiring corporations to better protect the health and safety of their consumers and workers and the environment, are “job killers.” … Read more
As the 2024 presidential election draws ever closer, Donald Trump is revealing key tax plans that could shape his government.In his campaign, Trump has championed himself as the leader of low taxes, saying he would decrease corporation taxes, increase tariffs on international imports and exempt some U.S. workers from current tax requirements.Now that the Republican … Read more
Published by Verified by 16 de julio, 2024 Until today, beyond his usual promises that he will make “America great again,” former President Donald Trump was very cautious about revealing his economic policy for a potential second term. But now we do have a clearer idea: if he beats Joe Biden in November, the most … Read more
More than half of former President Donald Trump’s flagship policy proposals are unpopular with voters, according to a recent poll.Abolishing the Department of Education, cutting corporate taxes and giving the president more control over the civil service and independent federal agencies were amongst the least popular elements of Trump’s so-called Agenda 47. Only nine out … Read more
On Marginal Revolution, Tyler Cowen quotes from a news item in the Financial Times: There are several investment implications of Trump back in the White House,” said Jack Ablin, chief investment officer at Cresset Capital. “[Most notable would be] a higher-for-longer Fed, as monetary policymakers increase the likelihood that the corporate tax cuts will be … Read more
On the morning of October 7, 2023, I found myself reading the Economist when suddenly a message appeared on my phone. The Hamas terror attack in Israel was all over the news and I could hardly believe how such massive and despicable crime could have happened in our times, especially given Israel’s superior army, intelligence … Read more
NBC — Former President Donald Trump on Tuesday said that business executives and shareholder representatives should “be 100% behind” him or face termination.“Business Executives and Shareholder Representatives should be 100% behind Donald Trump! Anybody that’s not should be FIRED for incompetence!,” the former president wrote in a post on his social media website, Truth Social.His … Read more
Open this photo in gallery:A Canada Revenue Agency sign in Ottawa on March 1, 2021.Justin Tang/The Canadian Press Claude Lavoie is a contributing columnist for The Globe and Mail. He was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023.A majority of people are tired with the Liberal … Read more
Miranda NazzaroJune 10, 2024 at 1:56 PM Former President Trump on Sunday said he would end taxes on tips as the “first thing” he does in office if reelected, marking his latest push to appeal to voters in the service industry.“For those hotel workers and people that get tips, you’re going to be very happy. … Read more