Articles

China's producer price index increased 8.3% year-on-year Read More.

Forecasters raise probability of economic contraction in next 12 months to 28% as Fed tightens to beat back inflation Read More.

The Grassroots Corner - Week Beginning 4/11/22: “Advisory Board” Read More.

After months of formulating a tax reduction package and weeks of argument over how it should be shaped, the Legislature on Thursday gave 43-0 final approval to a major tax cut bill that will sharply reduce future anticipated state revenue. Read More.

"A Simple Way to Present the FAIRtax " - DON’T READ FURTHER IF YOU BELIEVE THAT IT IS OK FOR THE GOVERNMENT TO HAVE ACCESS TO ALL AREAS OF YOUR FINANCIAL LIFE. Read More.

Biden says 'millions of student loan borrowers would face significant economic hardship' if loan repayments restarted today Read More.

Sen. Steve Erdman's effort to call for a vote of the people on a proposed constitutional amendment to repeal the state income tax, the state sales tax and local property taxes while creating a new consumption tax to support state and local government failed to clear its first floor hurdle in the Legislature on Tuesday and disappeared from the agenda. Read More.

Mayor Lori Lightfoot walked back her proposal to lift Chicago’s 3-cent gas tax March 31 amid record prices at the pump. Instead, she said the city will offer gas and Ventra cards to residents. Read More.

The Federal Reserve’s favorite inflation measure showed intensifying price pressures in February, rising to its highest annual level since 1983, the Commerce Department reported Thursday. Read More.

Other earnings on the docket include Conagra Brands and Constellation Brands Read More.

Instead of taxing CO2 on the consumption side, make all producers direct a percent of their revenues to research ways of cleaning fossil fuels to eliminate CO2 emissions. Read More.

The Grassroots Corner - Week Beginning 4/04/22: “CPAC Wrap-Up” Read More.

The price of gasoline has spiked since the Russian invasion of Ukraine and politicians have been quick to call for a temporary suspension of gasoline excise taxes, either at the federal or state level. Already, three states – Connecticut, Maryland, and Georgia – have temporarily suspended their state excise tax.  Read More.

"April Fool's Day Should Be April 15th " - April Fool’s Day is a day where people are expected to play practical jokes on each other.  Some are as simple as putting a “kick me” sticker on the back of someone’s pants.   Others are a bit more elaborate. Read More.

President Joe Biden's insistence that rich people pay their "fair share" is critical to the deficit reduction in his $5.8 trillion budget request for the fiscal year 2023 and Democrats' messaging before November's midterm elections. Read More.