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Millennials are making better decisions with their money than most people...
About 90% of Americans have seen a bump in take-home pay since the new tax law went into effect at the beginning of February.Millennials are more inclined to put the extra cash toward savings,...
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The US tax system may be more progressive than some think
The recent tax overhaul has sparked controversy over tax cuts for wealthier Americans.About one million households in the top 1% will pay for 43% of income tax.US income taxes might remain more...
View ArticleHow Amazon gets away with not paying taxes
Amazon pays almost no federal tax, despite being worth over $700 billion. President Trump has criticized the company for this, yet he recently reduced the corporate tax rate, making it even easier for...
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Trump threatens to 'close up our country' over border security
President Donald Trump threatened to "close up our country" to handle illegal immigration and border security.He made the remarks at a tax reform roundtable in Ohio on Saturday.He blasted Democrats for...
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US companies are returning cash to shareholders at a record pace — and that's...
Following the successful passage of Republicans' new tax law, many parties across Wall Street were nervous about how US companies would use their excess cash.Data from S&P Dow Jones Indices...
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US companies are returning cash to shareholders at a record pace — and that's...
Following the successful passage of Republicans' new tax law, many parties across Wall Street were nervous about how US companies would use their excess cash.Data from S&P Dow Jones Indices...
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GOLDMAN SACHS: The boost companies got from tax reform is on its last legs —...
Republicans' tax law has been a major boon for stocks, which have seen their profit forecasts adjusted upward throughout 2018. But all good things must come to an end.Goldman Sachs has identified 14...
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6 months into the Trump tax law, manufacturing confidence is through the roof
The National Association of Manufacturers (NAM) released a survey of its 14,000 members on Wednesday, showing record levels of confidence among the group and an overall positive outlook.NAM cites the...
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Pharma giant Merck got an earnings boost from its blockbuster cancer drug (MRK)
Merck reported earnings on Friday, posting a loss of $872 million in the fourth quarter of 2017.Sales of its cancer drug Keytruda nearly tripled to $1.3 billion in the fourth quarter. Merck said that...
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Pepsi announced it's laying off employees the same day it touted $1,000...
PepsiCo reported slightly better-than-expected earnings on Tuesday.The company said it will be giving some employees bonuses of up to $1,000 because of the GOP tax plan.Other employees will be laid...
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Here's how your tax bracket will change in 2018
President Donald Trump signed the Republican tax bill into law at the end of December.2018 tax brackets have been changed under the new law, and are in effect starting this year. There are still seven...
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Democrats are scrambling for a cohesive message to counter the rising...
The Republican tax law is gaining in favorability in the latest polls.Democrats are trying to balance criticisms of the law with the economic benefits.Some Democrats expressed disappointment in party...
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Warren Buffett says proceeds from the GOP tax law made up almost half of...
Warren Buffett's Berkshire Hathaway saw its net worth surge by $65 billion in 2017, almost half of which came from tax proceeds from the recently passed GOP law.There's an expectation that financial...
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Private jet buyers got a big bonus from Trump's new tax law (ERJ, GD, TXT)
The Trump Administration's 2017 Tax Cuts and Jobs Act updated the US tax code to allow 100% bonus depreciation for items such as aircraft.The new policy allows private jet buyers to deduct 100% of the...
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Treasury Secretary Steve Mnuchin just visited Apple's spaceship — and he got...
Apple had a high profile visitor on Friday — United States Treasury Secretary Steven Mnuchin.Mnuchin announced the visit in a tweet Friday afternoon that included a picture of him with company CEO Tim...
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How much money you actually take home from a $75,000 salary under Trump's new...
President Donald Trump's new tax law resulted in a bump in take-home pay for about 90% of Americans, according to the IRS.For people earning $75,000 a year, federal income and FICA taxes amount to $685...
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Here's exactly how much paychecks changed after tax reform for people at...
President Donald Trump's new tax law went into effect this year, changing the 2018 tax brackets.The tax law resulted in a bump in take-home pay for about 90% of Americans, according to the IRS.The...
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The financial services industry is reportedly trying to poach a top Trump aide
One of President Donald Trump's top economic advisers, Shahira Knight, is thinking about leaving the White House, Politico reported Tuesday.The deputy director of the National Economic Council and a...
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Millennials are making better decisions with their money than most people...
About 90% of Americans have seen a bump in take-home pay since the new tax law went into effect at the beginning of February.Millennials are more inclined to put the extra cash toward savings,...
View ArticleClik here to view.
The US tax system may be more progressive than some think
The recent tax overhaul has sparked controversy over tax cuts for wealthier Americans.About one million households in the top 1% will pay for 43% of income tax.US income taxes might remain more...
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