The 2018 tax season has come to a close this week and the Tax Cuts and Jobs Act has given Americans plenty to be grateful for. According to a CNN analysis of President Trump’s tax laws most US taxpayers were winners this tax season. A majority of Americans should have their tax burden decreased by […]

For the First time since the Great Recession in 2008 lower-end earners are getting greater benefits than higher-end earners. According to the Bureau of Labor statistics earnings rose by 3.4%, which marked the seventh consecutive month that saw earnings increase by 3% or more. This solid growth across income levels is an excellent indicator that […]

According to a piece from the Hill federal taxes only made up 7.9% of GDP in 2018 instead of the 8.3% in 2016 and 2017. Federal corporate taxes fell by nearly 50% from 2017. This means that tax savings were put towards savings and investments instead of being spent. Thanks to the Tax Cuts & […]