Articles
Gov. Glenn Youngkin signs Virginia budget with tax cuts, spending hikes - The Washington Post
The centerpiece for Youngkin is a big increase in the standard deduction for personal income tax. Read More.
Fed's Waller backs another jumbo interest-rate hike in July - MarketWatch
Fed Governor Christopher Waller on Saturday backed another 75 basis point hike in July. Read More.
Texas city council votes to increase minimum wage for city workers to $22 per hour
Austin city workers will soon see their hourly wage increased to $22 per hour
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Sales tax and lemonade: Kid Business Fair teaches entrepreneurship
NAMPA — Rows of colorful stands sheltered families from the sun as they sat by their merchandise. From handmade jewelry to petting dogs for a quarter, kids saw their business ideas come to life on Saturday.
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The Grassroots Corner June 20, 2022
The Grassroots Corner - Week Beginning 6/20/22: “Jade Walle Talks to Congressional Candidate Bob Lewis, CO-04 ” Read More.
The GOP Must Avoid This Trap
Republicans look set to take both houses of Congress this November and to win the White House in 2024. Read More.
The Chairman’s Report June 17, 2022
Every for-profit business must deliver products or services that people are willing to pay for, or they will cease to exist. Similarly, every non-profit organization must show itself worthy of the contributions they seek, or they too will disappear.
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Texas city council considers $22 minimum wage
Labor groups support the proposal, but some feel it doesn't go far enough Read More.
OPEC Move Is Not Worth Biden’s Hype, And Won’t Stop Record Gasoline Prices
Another day, another record for gasoline prices, which hit an average of $4.715 a gallon in the United States. That’s up 50% in a year and double what they were when President Joe Biden took office in January 2021. At current daily demand of 8.9 million barrels (374 million gallons), that means Americans are paying nearly $900 million more at the pump, every day. Read More.
It Feels Like the 1970s. But Here’s Why This Decade Could Shape Up to Be Like the Roaring 20s.
Decades-high inflation, a hawkish Federal Reserve, and soaring energy prices seem to hearken back to the 1970s and the decade’s prolonged period of stagflation.
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Economist Mohamed El-Erian says most inflation ‘could have been avoided’ if Fed acted earlier
El-Erian says he fears inflation may reach 9% Read More.
The Grassroots Corner June 13, 2022
The Grassroots Corner - Week Beginning 6/13/22: “Meet Our New Arkansas State Director David Morelli ” Read More.
The Chairman’s Report June 10, 2022
"We Told You So!" - The 2017 Tax Reform Delivered as Promised is the title of an article that appeared in the May 8, 2022 Wall Street Journal. Written by two distinguished economists, this article explains how they predicted the favorable economic effects of the 2017 Tax Cuts and Jobs Act and how critics attacked them for being overly “optimistic.”
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Californians Could Get a Tax Credit for Not Owning Cars
The bill’s sponsors say it’s only fair to extend tax relief to Californians who don’t own cars as the state aims to reduce greenhouse gas emissions and decrease driving.
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Bitcoin Bank Custodia Sues Federal Reserve, Demanding Decision On Master Account
Bitcoin bank Custodia today sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City charging they have “unlawfully” delayed for 19 months acting on its application for a master account with the Federal Reserve. Read More.
