Sunday’s move appeared to be the largest single-day action ever taken by the Fed on record.
This is the second major increase in the minimum wage, which was raised by 16% in 2019.
Poor record keeping caused trillions to be counted multiple times.
A meta-study of 22 studies examining the potential affects of a single-payer healthcare system on the U.S. economy has shown healthcare spending would fall under the system. Nineteen of the studies found that spending would fall in the first year,… Read More ›
They point out exemptions and tax avoidance have created levels of inequality in the U.S. not seen since before the Great Depression.
He argues it does not capture information needed to fight crises we currently face, including the climate crisis and inequality crisis.
The documents reveal the Conservative party has been in talks with the US regarding methods to raise prices paid by the National Health Service to US firms.
US Treasury Department data show Japan is now the largest holder of US treasury securities with $1.15 trillion.
China was the previous largest holder but has sold off $49 billion in the last year.
The report by the Institute on Taxation and Economic Policy shows states with higher tax rates fare better on multiple key economic indicators.
Piketty argues billionaires are harmful to economic growth and calls for a 90% wealth tax on those worth more than 2 billion euros.