Economy

“Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law”

“Vice President Kamala Harris is calling for raising the corporate tax rate to 28%, her first major proposal to raise revenues and finance expensive plans she wants to pursue as president…” https://www.cnbc.com/2024/08/19/harris-proposes-raising-the-corporate-tax-rate-to-28percent-rolling-back-a-trump-law.html Americans are overtaxed as is. We’re being robbed… Continue Reading…

Economy

“Labor Day Travel Seen Climbing 9% After Record US Summer”

“Bookings for domestic travel over the US Labor Day weekend are up 9% from last year, according to motor club AAA. While the estimate only includes travel booked through AAA, the data adds to a sanguine picture for summer fuel… Continue Reading…

Economy

“The Wealthy Are Bringing Big Money and Luxurious Lodges to Maine’s Lakes”

““On a clear day, you can see the top of Mount Washington,” says Joanne Ricciardiello, peering through a curtain of towering oak and pine trees that surrounds her newly built, roughly 4,300-square-foot home on Maine’s Sebago Lake.  She walks down… Continue Reading…

Economy

“Annual inflation rate slows to 2.9% in July, lowest since 2021”

“The consumer price index, a broad-based measure of prices for goods and services, increased 0.2% for the month, putting the 12-month inflation rate at 2.9%, its lowest since March 2021. Excluding food and energy, core CPI came in at a… Continue Reading…

Economy

“No more fiscal favours? Calls to tax super-rich gain traction around world”

“Calls for higher taxes on the super-rich are gaining traction and even conservative governments are joining in… “I don’t think I have seen such big a transformation in the narrative around the tax on wealth as I have in the… Continue Reading…

Banking, Economy

“Biden’s Treasury accused of trying to juice U.S. economy pre-election”

“The Treasury Department is being accused of trying to juice the economy ahead of the election, by changing how it finances government spending… The accusation: Short-term debt is becoming a rising share of all outstanding debt, while the share of long-term debt,… Continue Reading…