05/31/2021
Today Cameron Peters, Vox Biden's first budget aims to herald a new era of big government |
Lawrence Reed, FEE To date, major media has not only been silent on this glaring hypocrisy. |
Editorial, New York Times Putting limits on labor isn't just a perk. It's a way to safeguard workers' health. |
Ross Marchand, Washington Examiner It's lonely at the top. Prior to the passage of the 2017 Tax Cuts and Jobs Act, the U.S. had the highest corporate tax rate in the industrialized world. Prior to the Tax Cuts and Jobs Act, companies such as Burger King inverted and moved out of the country due to the sky-high tax burden. The Tax… |
Andrew Wilford, RCM Closing the "tax gap," or revenue owed to the federal government that goes uncollected, has long been a favorite deus ex machina for lawmakers who want more revenue without having to raise rates. But Internal Revenue Service (IRS) Commissioner Chuck Rettig really put dollar signs in lawmakers' eyes when he claimed the tax gap could be as large as $1 trillion. Always eager to appear knowledgeable on policy issues, Sen. Elizabeth Warren is putting forward a plan to collect extra revenue that only gets worse the deeper you dig into it. First and foremost, it's important to understand how far off... |
John Tamny, Forbes If the Fed were even a fraction as powerful as some believe, then the U.S. economy would be so small as to not rate attention. |
Shannon Palus, Slate The facts have not really changed even if the conversation has. |
Jeffrey Tucker, RCM In Bozeman, Montana, a rental car will zap you $350 a day plus gas, or $650 for something fancier than a compact. In Manchester, New Hampshire, $250 a day plus gas. In Dallas, Texas, and Denver, Colorado, it's better at $80 but the wait times are very long. Many people find themselves without and instead take Uber. In Salt Lake City, Utah, and Savannah, Georgia, you will throw down $150 per day plus. The only real deals out there - by which I mean not $14 per day like it was six months ago but $70 - require that you grant the agency choice over what car they give you: the answer is whatever... |
Charles Gasparino, NYP AMC Entertainment's biggest concern, aside from recovering from COVID-19 losses, is its new batch of shareholders treating it as a "meme" stock. |
Paul La Monica, CNN Tech stocks are showing investors how durable they can be, bouncing back from two sharp sell-offs this year to continue a dramatic surge that has seen the Nasdaq more than double since March 2020. |
John Dearie, The Hill SECURE 2.0 is well-timed, as the strength of the post-COVID economic recovery depends on a more entrepreneurial, flexible, and resilient U.S. economy — one that meets the realities and financial security needs of entrepreneurs, "long-term part time" employees, independent contractors, and gig economy workers. |
Russ Wiles, The Arizona Republic You will face uncertainties, such as how long you might live, future inflation rates, unknown medical expenses and others. |
Jeffrey Kleintop, Charles Schwab While it's very early to say the rise in inflation has passed, there are signs that the fastest part of the rebound in inflation might soon be over. |
Brad McMillan, Commonwealth Financial Network Happy birthday to the Dow! Commonwealth CIO Brad McMillan celebrates the index and what it has meant for the stock market and investors. |
Carrie Schwab-Pomerantz, Schwab Retirement planning is important for everyone, but retiring military have unique planning challenges. Here's why. |
Ethan Yang, AIER "Unilaterally and arbitrarily shutting down all of economic and social life was never part of the solution, nor should it ever be. Covid-19 has been the first test for these experimental lockdown policies and no rational observer should look back at the results and conclude that this is all... |
Russell Redenbaugh & James Juliano, Kairos Capital Management |
Jeffrey Buchbinder, LPL Financial Research Monday, May 24, 2021 Top Story Stock Market Gains Likely To Slow |
Laura Tyson & Lenny Mendonca, PS The Biden administration's ambitious spending and investment programs are precisely what the US economy needs to thrive in the twenty-first century. Best of all, the economic strategy now being pursued at the national level has already proven highly successful in the country's wealthiest, most dynamic state. |
John Rekenthaler, Morningstar From institutions to individual investors. |
Eric Boehm, Reason Industrial policy is the wrong answer to a problem that mostly doesn't exist. |
Neil Irwin, NYT For all the administration's focus on transformational policies, it's not forecasting an outburst of economic potential. |
Bryce Coward, Knowledge Leaders The US dollar is on the verge of breaking down to the lowest level since 2014. This is not all that surprising. After all, the US money supply continues to grow at a rapid pace relative to other countries and quantitative easing is likely to... |
Hillel Italie, The Christian Science Monitor Independent bookstores proved surprisingly resilient during the year of lockdown with the help of new loans and participation in online markets. Now owners are taking stock from lessons learned and rethinking what it means to be a "bookstore" and whom they serve. |
Steven Malanga, City Journal Unions recorded steep membership declines last year, especially in states with the severest pandemic shutdowns. |
Jana Kasperkevic, ProMarket Economist Daniel Cohen explores the emergence of the digital society and its never-ending pursuit for growth. |
Adwait Patil, Digg "It has been hard to convey, through anecdotes or data, how bizarre the US housing market has become," Redfin CEO Glenn Kelman said on Twitter. |
Caroline Delbert, PM These aren't your average reactors. |
Ian Birrell, UnHerd Scientists and the media eagerly denounced credible evidence as a conspiracy theory |
Morgan Housel, Collaborative Fund Long-term thinking is easier to believe in than accomplish. |
Christine Benz, Morningstar These three maneuvers will tend to deliver a higher tax benefit than writing a check and deducting it, and may even improve your portfolio. |
Nick Maggiulli, Of Dollars And Data Clearing up misconceptions on Millennial wealth and who is actually struggling in the generational divide. |
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