https://www.foxbusiness.co...
Inflation rises 2.4% in September, above expectations | Fox Business
The Labor Department released closely watched inflation data for September that showed the consumer price index rose 2.4% last month, which was slightly above expectations.
https://www.foxbusiness.com/economy/cpi-inflation-september-2024
https://www.businessinside...
More Kids in Poverty, Harris and Trump Want to Bring Back Checks - Business Insider
Nearly 10 million children were in poverty in 2023. It could become a key election issue.
https://www.businessinsider.com/more-kids-poverty-harris-trump-checks-parents-child-tax-credit-2024-9
Trump was president for 4 years
1. No wars
2. Great economy
3. Lowest unemployment rate
4. Made deals to benefit America
5. No open borders and no illegal immigrant crimes
Biden and Harris are president and have been for almost 4 years
1. Wars have started and the threat of a ww3 nuclear war is imminent if Harris becomes president
2. Worst economy
3. High unemployment rates
4. Makes deals to benefit other countries
5. Open borders, illegal immigrant crimes, supports illegal immigrants with monthly $2000-5000 paid by us taxpayers money. Yet while our vets are homeless sleeping in tents ⛺️ hungry.
Like I said, the math is simple, it don't take a rocket science to know who is a better choice especially when you have lived and witnessed the 8 years of both administrations in the office. #Trump #Harris #voting2024
Everything you need to know about when a rate cut could happen | CNN Business
People are getting impatient with the Federal Reserve.
https://www.cnn.com/2024/08/01/economy/fed-rate-cut-when/index.html
Harris freshens up message on economy as Republicans go after her on inflation | AP News
Since President Joe Biden left the White House race, Vice President Kamala Harris has begun to craft her own narrative around the economy.
https://apnews.com/article/kamala-harris-economy-trump-vance-inflation-biden-f52edb07e4bd4adf01b484744fc7d387
Source
https://voiceup.us/thread/...
Mike Chilton on Voiceup
@Natalie_nat https://www.kcra.com/article/donald-trump-to-fundraise-across-california-this-week/60997805
https://voiceup.us/thread/3917
https://www.businessinside...
21 States Where Recession Bells Are Ringing After Unemployment Jumps
Piper Sandler's Nancy Lazar sees rising jobless numbers in states such as California and Illinois as very strong evidence of a looming recession.
https://www.businessinsider.com/us-economy-recession-forecast-outlook-states-unemployment-jobs-california-illinois-2024-5
BRICS: Major Crash for US Economy Has Begun, Expert Says
AS BRICS continue to seek dollar alternatives, a major crash for the US economy has begun, according to one expert
https://watcher.guru/news/brics-major-crash-for-us-economy-has-begun-expert-says
The US economy is already in a recession, and it's following the same path as China by becoming reliant on debt, veteran forecaster says
Rising layoffs and sluggish job growth are major signs the economy is already in a hard landing, one top forecaster says.
https://finance.yahoo.com/news/us-economy-already-recession-following-223141328.html
Powell Signals Rate Cut Delay As Inflation Plateaus Above Target
Interest rate cuts may not come so soon amid strong job growth and persistent inflation.
https://www.businessinsider.com/fed-powell-pump-money-us-economy-delayed-cut-interest-rate-2024-4
We will look at both income and sales tax.
First, you earn a dollar, then you pay a tax percentage based on your total net income. In this case, we will use the average $11,000 and $44,725 yearly income.
Based on the average income, your dollar already owes 12% in tax.
After you pay the 12% of income tax, now your $1 is no longer a dollar and becomes 88 cents.
Once you decide to go shopping with your 88 cents, you will be subject to sales tax. Depending on the state you reside in, you can expect to pay anywhere from 4%-9%.
Let's take the lowest sales tax percentage 4% as an example.
After you pay the sales tax of the minimum 4%, your 88 cents now becomes 84 cents.
If you were living in states that have a sales tax with the combined local tax of 9+%, such as Louisiana then your 88 cents would only be 79 cents.
So how much is your hard-earned $1 dollar worth?
88–79 cents!
This is because your $1 dollar is getting taxed twice!
Sources
https://www.policygenius.c...
https://www.rocketmoney.co...
#economy #inflation #finance #truth #taxes #reality
Where creators and fans connect
Creators earn 90% monetize your content today!
