Tax day is coming…
Success, fam! It’s tax day again. for some, April 15th It’s the day you can fill in A proud American citizen. That can’t be true. Your money is almost certainly being squandered by the federal government in well-known and mysterious ways. (If you need an example, see. Breitbart.com Literally anytime. )
Therefore, today is the perfect opportunity to remind our readers that: elections are important. The stakes are higher this year for those who want to keep their money.
Many of you (like this edition of Breitbart Business Digest) Large check to the IRS today. we feel your pain. But many of you are celebrating “refund season.” However, with the current economic climate, you may not be planning a trip to Bermuda anytime soon.of wall street journal totaled It’s been featured in recent headlines: “Where will this year’s tax refund go?” We’re literally in a debt hole. With credit card debt reaching record levels, refunds are helping people make ends meet. ”
of journal He also noted that people shouldn’t necessarily expect their refund checks to arrive within 21 days, as the government touts.can often take a long time over 1 year.
yes, Debtor culture is overwhelming the Biden economy. Even if you do get some money, it will probably be used to pay off things you’ve already bought. For many Americans, April 15th comes with the realization that it’s time to make sacrifices: either work more, tighten up, or downright take on more debt. When the going gets tough, the tough starts…and you go into debt.
…and tax increases may occur.
However, the famous Joe Biden economically ignorant (See my book. defeat biden (because the details seem endless), he has the trump card of raising taxes.
Yes, that’s exactly what he plans to do if he is re-elected.
Of course he doesn’t express it that way.he would say just leave it alone Donald Trump’s Tax Cuts and Jobs Act of 2017 Expired. It is a distinction without a difference. It’s a tax increase, pure and simple.
So in this election, we have an old story to tell. Democrats want to confiscate even more of what you earn for government benefits, but his Republican challenger doesn’t.
Politics is often complicated. But as of April 15th, it seems like a no-brainer.
President Donald Trump supports the Tax Cuts and Jobs Act after singing it into law in the Oval Office on December 22, 2017. (Mike Tyler/Pool via Bloomberg)
YOLO retail sales and interest rate cut expectations
Retail sales data for March has been released. it was unbelievably strong. In layman’s terms: people are spending money like crazy. A post-pandemic trend continues, as more Americans appear to be telling themselves, “You only YOLO once,” before pulling out their credit card. This is further evidence supporting our position that the Fed does not need to cut rates yet.
Speaking of the FRB, feelings of a person who builds a house It’s not up anymore That’s because it’s become clearer that the Fed won’t cut rates (at least not as much as previously thought) because inflation is too high.
Stock market ignores World War III
Stocks were down a bit today, but not by much given that just two days ago there were legitimate concerns that we were about to enter World War III.Apparently people don’t believe it Iranian drone attack The situation in Israel over the weekend has been insane, at least as far as the Middle East is concerned.
