Tax cuts seen fueling continued economic boom

Tax cuts seen fueling continued economic boom

by WorldTribune Staff, January 17, 2019 Fueled by President Donald Trump’s tax cuts, a large majority of U.S. business owners say they are likely to hire more workers in 2019, a new poll found. A second poll found that investors remain optimistic for the long-term despite Wall Street’s huge year-end dip. A Zogby Analytics survey […]

Top 50 percent of individual taxpayers paid 97 percent of total: $1.7 trillion projected for FY 2018

Top 50 percent of individual taxpayers paid 97 percent of total: $1.7 trillion projected for FY 2018

by WorldTribune Staff, October 15, 2018 The U.S. federal government is expected to take in $1.7 trillion in taxes from individuals in 2018, according to the Congressional Budget Office (CBO). Individual income taxes will account for about half of all federal revenues for Fiscal Year 2018, which ended on Sept. 30, the CBO said. And, […]

101 public utilities have cut rates following tax cuts

101 public utilities have cut rates following tax cuts

by WorldTribune Staff, June 8, 2018 As air conditioning season kicks into gear, a large number of Americans will see relief from the heat in the form of lower electric bills. Following tax cuts proposed by President Donald Trump and passed by the Republican Congress, 101 public electric, gas and water utilities are lowering their […]

Trump tax cuts followed by similar proposals in 11 states

Trump tax cuts followed by similar proposals in 11 states

by WorldTribune Staff, May 30, 2018 Governors in 11 states are following President Donald Trump’s lead and have proposed tax cuts, according to the annual “State of the States Report” from the American Legislative Exchange Council (ALEC). “In a majority of the 2017 State of the State addresses, governors focused heavily on tax policy, with […]

Pelosi: Democrats will rework Trump tax cuts if they take back the House

Pelosi: Democrats will rework Trump tax cuts if they take back the House

by WorldTribune Staff, April 6, 2018 At a town hall event that is part of her “Repeal the Trump Tax” tour, House Minority Leader Nancy Pelosi on April 4 said Democrats will rework the president’s tax bill if the party retakes the House in the 2018 midterms. “Over 80 percent of the benefits go to […]

Why the mass migration from the Blue States? Here’s why

Why the mass migration from the Blue States? Here’s why

by WorldTribune Staff, January 14, 2018 The top three states for out-migration between July 2016 and July 2017 were New York, California and Illinois – three deep Blue States with high taxes and high regulation. According to the U.S. Census Bureau, New York lost 190,508 residents to other states during the year ending last July […]