Republicans Slam Report That Tax Plan May Hit Middle Incomes
published Sep 29, 2017, 6:24:12 PM, by Sahil Kapur and Lynnley Browning (Bloomberg) —Republican lawmakers leveled harsh criticism at a Washington policy group study that said some middle-income taxpayers would ultimately see a tax increase under a framework for legislation that they and President Donald Trump proposed this week. That
There’s a Better Way to Make Economic Forecasts: Mark Buchanan
published Oct 1, 2017, 5:00:09 PM, by Mark Buchanan (Bloomberg View) —Economists are famously bad at predicting growth. A new technique might help them get a little better. When assessing a country’s potential to prosper, economists typically look at aggregate measures such as education, investment or national debt. This hasn’t
Trump Adds to Assault on Obama Legacy With Anti-LGBT Stances
published Sep 12, 2017, 6:37:00 PM, by Jeff Green and Erik Larson (Bloomberg) — Early on, lesbian, gay, bisexual and transgender people seemed to be exempted from Donald Trump’s most inflammatory rhetoric. He was the first Republican presidential nominee to mention LGBT people in his acceptance speech. After his election,
Cohn Says Trump Intent on Ending Carried Interest `Loophole’
published Sep 28, 2017, 3:27:07 PM, by Sarah McGregor (Bloomberg) — President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The president remains committed to ending the carried interest deduction,”
Richest Americans Doubt They’ll Really Win in Trump Tax Plan
published Sep 28, 2017, 4:25:29 PM, by Simone Foxman, Katya Kazakina and Tom Metcalf (Bloomberg) — President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it. “Trying to plan is pretty impossible,” said John
Women and Family by Brad Weisman: Blind Optimism
In a time where the US feels like it has turned upside down we need to have some form of blind optimism for ourselves and our families. We can cringe…..get upset…and perhaps fight with the strife going on between political parties, however what does that really do. Being optimistic usually
Auto Investment Underwhelms Amid Trump’s American-Made Push
published Sep 27, 2017, 5:03:23 PM, by Jamie Butters and Keith Naughton (Bloomberg) — When it comes to investments by global automakers in the U.S., 2017 is shaping up to be nothing special — even after President Donald Trump’s threats to heavily tax cars shipped from abroad. Companies including Toyota
Trump Pitches Tax Plan as Historic Cut to Boost U.S. Hiring
published Sep 27, 2017, 4:01:46 PM, by Justin Sink (Bloomberg) — President Donald Trump kicked off his campaign to cut tax rates for corporations and individuals, casting the proposal as an economic jolt that would boost hiring across the country. “This is a revolutionary change, and the biggest winners will
Idiots and Evil People, or the Place We Call Home: Justin Fox
published Sep 27, 2017, 5:22:12 PM, by Justin Fox (Bloomberg View) — There’s a somewhat self-congratulatory saying among conservative intellectuals to the effect that … well, I’ll just let conservative intellectual Charles Krauthammer say it: Conservatives think liberals are stupid. Liberals think conservatives are evil. In the 2002 opinion column
The Fall, Rise and Fall of Creative Destruction: Justin Fox
published Sep 26, 2017, 8:21:43 AM, by Justin Fox (Bloomberg View) — Forbes turned 100 this month. So of course the magazine had to throw a big party, with Warren Buffett and Stevie Wonder singing a duet. And of course it had to run an article in its anniversary issue