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Millennials Choose To Spend Money On Travel, Dining, And Fitness Than Save For Retirement: Survey

zerohedge.com / by Nicholas Colas of Convergex / May 28, 2017 6:45 PM

Millennials save more of their income than older generations. Don’t believe it? Look at a recent survey by Merrill Edge, which found millennials say they save 36% more than their general population counterparts report as over a third stash away more than […]

Greenback Remains Soft

marctomarket.com / by Marc Chandler / May 23, 2017

The US dollar cannot get out of its own way, it seems. With a light economic schedule, there is little to offset the continued drumbeat of troubling political developments. The latest turn, as reported first in the Washington Post, that President Trump asked heads of […]

Is It Time to Tar and Feather the Minions of the Deep State?

thecommonsenseshow.com / By Dave Hodges / May 21st, 2017

Americans are on the verge of losing everything. We can point to literally dozens of reasons related to our demise, but for this article, we will just point to mainstream pedophilia, the deliberate disintegration of the American middle class and the disenfranchisement of the American […]

ANTI-GUN COPS THINK THEY ARE THE “ONLY ONES” WHO HAVE THE RIGHT TO GUNS

thedailysheeple.com / DAWN LUGER / MAY 21, 2017

If you thought politics in America could not get more ridiculous, have no fear; because the “thin blue line,” we keep hearing so much about, demand to be the “only ones” with guns. It’s like history never happened and democide doesn’t exist. But what’s also […]

“An Empty Lot, An Idle Backhoe And Pieces of Rubble”: NYC Real-Estate Market Is Imploding

zerohedge.com / by Tyler Durden / May 20, 2017

The stringent capital controls adopted by Chinese authorities on Jan. 1, some of which were specifically designed to curb foreign real-estate purchases, appear to have had their desired effect. To wit: First-quarter property sales plummeted 58% to $4.3 billion, compared with a year earlier, Bloomberg […]

NEW YORK’S SINGLE PAYER HEALTH CARE PLAN WILL BURDEN TAX PAYERS

thedailysheeple.com / DAWN LUGER / MAY 18, 2017

New York’s expensive idea, single payer health care, is going to cost the state more than their entire annual revenue. The state currently has around $71 billion in tax revenue, but just this health care plan would cost over $91 billion, and that’s likely a low […]

Trump Lawyer Confirms Tax Returns Show “No Income From Russians”…

Here's the full paragraph from letter by Trump lawyers Sherri Dillon & William Nelson on "exceptions" to Russian $ to Trump pic.twitter.com/YBkW6Nc7Uu

— Rebecca Ballhaus (@rebeccaballhaus) May 12, 2017

zerohedge.com / by Tyler Durden / May 12, 2017 10:34 AM

President Donald Trump’s lawyers have this morning released a letter confirming […]

IMF Proposed a Capital Levy – Tax on Money in Bank Accounts & Raise Property Taxes

armstrongeconomics.com / by Martin Armstrong / May 12, 2017

The International Monetary Fund (IMF) is always the cheerleader to raise taxes to support government. They are instructing Germany to raise taxes and also talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read […]

Three Ways Trump’s Tax “Cuts” Will Raise Taxes

mises.org / Ryan McMaken / May 11, 2017

Tax cuts are great when they are actually tax cuts. In a system with a central bank, though, tax cuts are never tax cuts if there are no spending cuts to accompany them. This is because tax cuts without spending cuts simply mean more deficit spending.

[…]

Seattle Mayor Wants To Tax Diet Soda To Fight “White Privileged Institutionalized Racism”

zerohedge.com / by Tyler Durden / May 9, 2017 9:00 PM

Back in February, Seattle’s Mayor Ed Murray called for a 2 cent per ounce tax on sugary soft drinks in order to “improve Seattle’s educational opportunities for students of color.” Per Lynx Media, the tax was expected to raise some $16 million per […]

CALIFORNIA WANTS ANOTHER TAX, AND THIS TIME, IT IS “BY THE MILE”

thedailysheeple.com / DAWN LUGER / MAY 8, 2017

Living in California is already hard enough on those who are being taxed to the hilt. But the Golden State thinks that it needs to make sure they generate more income, and now the socialists in charge want to tax space flights by the miles traveled.

[…]

Trump Flirting With the Idea of a Federal Gasoline Tax Increase

financialsense.com / OIL PRICE / 05/04/2017

US President Donald Trump flirted with raising the federal gasoline tax this week, raising eyebrows by showing an openness to tackle a problem that has scared away politicians from both parties for years.

Everyone seems to want to fix, rebuild or build new infrastructure in the United States. Politicians […]

Google to be Internet Tax Collector for National Governments

thecommonsenseshow.com / By Dave Hodges / May 1st, 2017

It has been talked about for sometime and the day of reckoning is here. There will be taxes on everything you do on the internet. But what we did not count on is the monopoly, we call Google, would be setting itself up as the main […]

Let’s Talk About Tax, Baby

news.goldseek.com / By Frank Holmes / Tuesday, 2 May 2017

Last week I had the pleasure of attending Evercore ISI’s Energy Policy & Geopolitics Conference in Washington, D.C., where I visited with senior staff responsible for infrastructure and energy decision-making. The meetings were encouraging and highly instructive, and they opened my eyes up to […]

Billionaires Set to Descend Upon Beverly Hills to Assess the Trump Presidency

ibankcoin.com / Dr. Fly / May 1, 2017

Back in the early 90’s, Michael Milken was in prison for securities fraud. Now he’s on top of the world again — hosting, for the 20th year, a very high brow conference for the elite. This week, the Milken Institute Global Conference will host 4,000 of […]

Four Reasons Tax Cuts Could Be a Big Dud

financialsense.com / Patrick O’Hare via Briefing.com / 05/01/2017

The Trump administration released its tax reform plan… sort of. Actually, the administration released the “core principles” of a plan that is admittedly still being worked out, and from the sound of it, there is a lot of work left to be done.

That’s understandable. Major […]

Pence: Trump’s Tax Plan To Increase Deficit “In The Short Term”

zerohedge.com / by Tyler Durden / Apr 30, 2017

Hours after Trump provided the broad framework, if few details, to his tax plan, conceived almost certainly by Goldman Sachs economists Alec Phillips and Jan Hatzius (and presented to the public by former Goldman employees Steven Mnuchin and Gary Cohn), the CRFB calculated its […]

Trump’s Tax Plan and Gold

sunshineprofits.com / ARKADIUSZ SIEROŃ / APRIL 28, 2017

On Wednesday, the White House unveiled Trump’s tax reform plan. What does it mean for the gold market?

Finally, the new administration has presented the long-awaited tax plan. The key elements are as follows:

The corporate tax rate cut from 35 percent to 15 percent. The number […]

BILL NYE THE EUGENICS GUY WANTS TO KNOW: SHOULD PARENTS BE PENALIZED FOR HAVING “EXTRA KIDS”?

thedailysheeple.com / PIPER MCGOWIN / APRIL 27, 2017

The myth that is overpopulation is already starting to unravel before our eyes, just as predicted years ago. The propaganda will only work on the masses for a few more years before the mathematical reality will render it impossible to believe anymore.

Birth rates have now […]

076: Despite the new ‘plan’, this is -still- a no-brainer tax strategy

sovereignman.com / by Simon Black / April 28, 2017

Yesterday I recorded a new podcast with my US-based tax attorney to talk about the Trump administration’s new tax plan… or as I like to call it, the plan to have a plan.

Clearly they’re trying to do something positive and significant.

But to say […]

Still Confused About Trump’s 1-Page Tax Plan? Goldman Explains It All

zerohedge.com / by Tyler Durden / Apr 27, 2017

Since at its core, yesterday’s 1-page “tax plan” was a Goldman creation – and was presented to the world by two former Goldman employees – who better to explain what Trump had in mind than Goldman Sachs itself, which it did overnight in a far […]

Stocks Slump As Putin Warns Korea Situation Is “Deteriorating”

zerohedge.com / by Tyler Durden / Apr 27, 2017

Having been unable to stage any kind of recovery from yesterday’s Trump Tax Plan disappointment, comments from Vladimir Putin that “the situation in Korea is deteriorating” urging all sides to “avoid belligerent rhetoric” along with remarks by Chuck Schumer over the short-term spending bill (to […]

Trump’s Tax Plan: The Day After

market-ticker.org / by Karl Denninger / 2017-04-27

Let’s look at it through the lens, darkly, since we have few details but just “principles”:

First, the standard deduction is doubled. This means $12,000 earned without income tax for a single person and $24,000 for a married couple

Second, as stated all deductions other than mortgage interest […]

Trump Keeps His Pledge on Tax Reform

armstrongeconomics.com / by Martin Armstrong / Apr 27, 2017

A lot of emails are coming in asking if I have been advising Trump on the taxes since this is similar to the plan I proposed when I testified before Congress. The answer is no. If they took the tax proposals we had worked on […]

Trump Unveils Major Tax Overhaul

wallstreetexaminer.com / by Brian Maher via The Daily Reckoning / April 26, 2017

Saturday is the president’s 100th day on the throne.

And Trump strikes us as a fellow sweating to get something done, against some sort of odds.

His own party reformed health care reform into the wastebasket…

Judges banned his travel ban…

The […]