Tag: redistribution-of-wealth

U.S. Treasury Secretary, Janet Yellen speaks during a press conference after attending the G7 Finance Ministers meeting at Winfield House on June 5, 2021 in London, England. G7 leaders want to enact a global 15 percent minimum corporate tax rate.

G7 Wants to Enact 15 Percent Global Minimum Corporate Tax Rate

Finance Ministers from the wealthy G7 nations announced on June 5 support for an international corporate tax rate of at least 15 percent backed by a global, U.S.-sponsored proposal for deterring global corporate and Big...

Seminole Hard Rock Casino department supervisors try to recruit during a job fair at the Seminole Hard Rock Casino on May 25, 2021 in Tampa, Florida. What little rebound there is in the U.S. job market in May was primarily of benefit to teenagers, waitresses and bartenders.

Pandemic Measures Wreak Long Term Havoc on Job Market

Although the United States’ economy is showing a positive trend in the short term, the overall horizon remains hazy compared to pre-pandemic levels, according to May’s nonfarm payroll report. The May Employment Situation Summary, put...

Former Vice President Joe Biden trips as he walks onto stage to deliver a speech at the Paddington Town Hall in Sydney on July 20, 2016. Biden plans to trap investors with a 20 percent capital gains tax hike in order to pay for $6 trillion in helicopter spending.

Biden Plans to Slap Investors With Retroactive 20 Percent Capital Gains Hike

U.S. President Joe Biden’s net $6 trillion stimulus spending for the fiscal year 2022 is balanced on the application of a retroactive-to-April heavy capital gains tax increase, according to a report by Wall Street Journal....

Almost a third of California restaurants have closed due to the pandemic.

Pandemic Forced One-Third of California Restaurants to Close, Labor Shortages Abound

Almost one-third of California restaurants have permanently shut down due to lockdown measures during the Coronavirus Disease 2019 (COVID-19) pandemic, according to the state Senate’s Special Committee on Pandemic Emergency Response hearing held on May...

Long-time coal miner Billy Griffith pauses while working at a coal prep plant in Welch, West Virginia. The existing federal debt amounts to a $796,000 burden per taxpayer. “This spending agenda is about giving Washington more power and influence to interfere in the lives and livelihoods of America’s working class,” Rep. Jason Smith (R-MO)

US National Debt is Actually $123 Trillion: Report

According to a recent report from non-partisan American think tank Truth in Accounting, the true size of the U.S. national debt is actually $123 trillion, amounting to a $796,000 burden per taxpayer. As a result,...