A big change that has occurred in my household this year is the amount of shopping we do online – it has gone up a lot. It extends to food – a significant part of my daily calories now get delivered to our house. It isn’t just price driving that change; some of what we […]
An interview on CNBC with Rep.Tom Cole offers some insight into the path to voting yes on the tax bill… Alhough mainstream forecasters like the Joint Committee on Taxation and University of Pennsylvania have issued unflattering analyses of GOP proposals, Cole says his tax-committee colleagues tell him other models offer sunnier results in line with […]
In a rough way this calculator attempts to categorize who get cuts and who pays more: New York Times tax calculator
The GOP Tax Bill Disses the Working Class Here’s something about the GOP House and the GOP Senate: they each passed tax bills (supposed to come out in a “conference” agreement sometime today) that diss the United States’ working class taxpayers. White or black, Christian or Jew or other, citizen by birth or naturalized citizen–workers […]
The text of the GOP tax complication legislation The Republicans, after holding one sham “public hearing” on their conference bill (without any text released) have on late Friday released the text of their (Republicans only) agreed-upon final bill that will be put to a House and Senate vote as early as Tuesday, December 19, even […]
Trump administration has forbade the usage certain words; “vulnerable,” “entitlement,” “diversity,” “transgender,” “fetus,” “evidence-based” and “science-based” from being used in CDC reports. I wonder what is up next, the burning of books? The Trump administration AND Repubs keep establishing new boundaries for their reach into American lives. Trump’s Chief of Staff Jim Kelly told the […]
The Republican Party’s Heartlessness–the Casualty Loss Provision of the purported “tax reform” legislation The GOP is cruising towards passage of its class warfare tax legislation that continues the long trend of Republican tax policy to redistribute upwards to the very rich. The legislation, however, is supported by a small minority of the American public (latest […]
Hope Lives: Pressing Collins and Corker and Flake on Tax Bill The Republicans’ proposed tax legislation–whether the House or Senate version–is despicable. It will exacerbate the already devastating income and wealth inequality in this country, leave the federal government without adequate funds for real infrastructure and social safety net needs, and place in almost inviolable […]
Real wages stagnate YoY, decline significantly since July So lackluster has wage growth been that even the modest uptick in consumer inflation to 2.2% YoY in November means that non-managerial workers have seen virtually no real growth in their paychecks over the last 12 months. With yesterday’s +0.4% increase in consumer prices, here’s what YoY […]