The U.S. Treasury Department’s tax plan analysis was long promised to be an in-depth and transparent look at the Republican tax reform plan being pushed through Congress, but many economists and politicians are highly critical of the one-page, 470-word document that the department released, calling it more a political statement rather than any sort of (more…)
As the Republican tax plan continues to be controversial even after it has passed, history has shown that the relatively small tax break that many analysts believe the middle class will receive won’t even be noticed.
Multiple factors have come together to contribute to the California budget woes, ranging from natural disasters to politics. Between the California wildfires in 2017 and the GOP tax bill’s state and local tax (SALT) deduction repeal, the largest and richest state in the Union finds itself facing off against a number of economic burdens that have (more…)
For the first time in nearly eight years, U.S. homelessness has increased, driven by a jump in the number of people without homes in cities like Los Angeles and other West Coast hubs. The data comes from the U.S. Department of Housing and Urban Development’s annual Point in Time count, which showed that 554,000 homeless (more…)
Tax Cuts and Jobs Act Features Potential Oversight Several glaringaltic GOP tax bill mistakes will undo some of the proposed promises that the bill included, like lowering the corporate tax rate. The Republican tax bill was meant to lower taxes across the board for all Americans, as well as decrease the corporate tax rate from (more…)
West Virginia layoffs for 2017 will be adding 260 more names to the list as a mine in the state has been idled, killing jobs. The reasons for the idling have been attributed to adverse geological conditions and market issues.
Willis Towers Watson Published Study on U.S. Worker Decline U.S. worker decline has taken another hit as a new survey reveals that the typical employee at a large company in the United States is less able to absorb the financial shock of a disability, illness, or other unforeseen circumstance than are workers with comparable jobs (more…)
Thanksgiving 2017 is here and the race is on for online retailers and traditional brick-and-mortar stores to see who can capture the most sales. But the race may be short-lived, with online sales this Thanksgiving expected to increase significantly and Thanksgiving Day retail store sales projected to decline. And for different reasons; many retailers are (more…)
Study Shows that Businesses More Focused on Amazon Effect than Trump Effect In a recent survey, Amazon.com, Inc. (NASDAQ:AMZN) was cited more than President Donald Trump as a source of anxiety for businesses. The study, carried out by financial research platform Sentieo Inc. for MarketWatch, shows that the “Amazon effect” is more of a concern to businesses than the (more…)
For students all over the world, America is one of the top destinations for education that meets today’s industry requirements. However, the cost of this education is high and not all students can easily afford to pay tuition as well as accommodation fees in universities. Thankfully, an option is available that works for both—a student (more…)