Tag: Economy
Did You Get a Raise This Year?
The United States Spends More On Defense Than The Next 11 Countries Combined
Math Facts
The Economy Is Rigged
Why Trickle-Down Economics Works in Theory But Not in Fact
Tax cuts do not cause “job creators” to hire more people or to invest in equipment, because the after tax cost higher. For example, the net cost of a $10,000 item is $8,000 when the tax rate is 20%. When the tax rate is 40% the after-tax cost is only $6,000, and more likely to pay for itself. A piece of equipment (or an employee) needs to bring in more revenue than they cost, and this is less likely to happen with a lower tax rate. However, when poor and middle class households get money, including from tax cuts, that money is much more likely to be immediately spent, stimulating the economy.
Why It Is More Expensive To Be Poor
$16 per hour is not enough
The Infrastructure Plan
The Infrastructure Plan is covering many areas of Safety and creating a Greener Country for all of our citizens.