Economy

“The IRS changed the tax filing rule for Social Security recipients — why that’s a good thing”

“The rebate checks are part of the $2 trillion stimulus package President Donald Trump signed into law last week, intended to provide financial relief to Americans in the wake of the coronavirus pandemic. People can receive a rebate check up… Continue Reading…

Economy

“Trump to fight coronavirus economic impact with payroll tax cut proposal and other programs”

“President Trump and his coronavirus task force spoke to the nation again Monday night and spoke of  “major” and “very dramatic” economic plans as a result of the coronavirus outbreak. Trump said he would go to Capitol Hill on Tuesday and ask for Congress to approve a… Continue Reading…

Economy

“…economy is really experiencing a middle-class boom — this data doesn’t lie”

“I recently wrote op-eds that ran in the Wall Street Journal and on these pages that showed median household incomes under Donald Trump have soared from $61,000 to an all-time high of $66,000 in less than three years… The $5,003 rise in middle-class incomes… Continue Reading…

Economy, Real Estate

“Democrats, Trump Agree to Aim for $2 Trillion Infrastructure Package”

“Democratic congressional leaders said President Trump agreed to aim for a $2 trillion infrastructure package in a White House meeting on Tuesday, though the two sides didn’t discuss how it would be paid for, and Capitol Hill Republicans are unlikely… Continue Reading…

Economy, Personal Finance

“Only 17 Percent of Americans Think They’re Benefiting From Trump’s 2017 Tax Cut”

“Despite the fact that about 80 percent of Americans are expected to receive tax cuts this year under Trump’s 2017 tax bill, only 17 percent believe they’re benefitting financially, according to a new poll cited Monday by CNBC… For most… Continue Reading…

Economy, Real Estate

“Trump Tax Reform Hits Home in Wealthy New York Suburbs”

“…Nearly 11 million taxpayers will be affected by the new cap on so-called SALT deductions on the taxes they file this year, and could lose out on a cumulative $323 billion, according to a February estimate from the U.S. Treasury… Continue Reading…