Today, 07:32 AM
Bfvl Coconut Road Update
WASHINGTON - It s a Christmas gift the middle class might want to give back in a few years. The Republican tax overhaul bestows an initial infusion of cash on nearly every taxpayer in 2018. That extra income is likely to please millions of households, support consumer spending and perhaps give the economy a short-term lift.Ordinary households should enjoy it while it lasts. Over the next several years, multiple analyses of the law have found, those tax cuts will gradually fade -- and then morph into tax hikes for a majority of people who are solidly middle class.Why Two features in the law -- a child tax credit and a $10,000 limit on state and local tax deductions -- won t adjust to keep pace with inflation, thereby reducing their value each year. What s more, the individual tax cuts are set to expire after 2025. And once the individual tax rates revert to their former levels, a stingier inflation gauge would raise taxes for most households. stanley cups Trump signs sweeping tax bill 19:20 President Donald Trump has largely sidestepped stanley tumblers these trade-offs in promoting the overhaul he signed on Friday, a measure whose benefits largely favor corporations and wealthy individuals. It s going to be a tremendous thing for the American people, Trump said before s stanley cup igning the Cztp Ted Cruz confronted by Brett Kavanaugh protesters at D.C. restaurant
President Obama. AP Photo/Charles Dharapak As President Obama gears up to deliver a major jobs speech before Congress on Thursday, a handful of new polls give the president some of his most dismal approval ratings to date - adding renewed pressure for the White House to drive home a message on jobs and the economy that reso stanley quencher nates with the American people.According to two new surveys by ABC News/Washington Post and NBC/Wall Street Journal, Mr. Obama s approval ratings are at a record low in his presidency, at just 43 percent and 44 percent respectively. And a POLITICO/George Washington University Battleground Poll released Monday night found that just 45 percent of voters approve of the job Mr. Obama is doing as president. Moreover, the president has scored particularly low marks across the board when it comes to his leadership on economic issues: 62 percent of those surveyed in the ABC/Washington Post poll said they disapproved of how Mr. Obama was handling the economy; 59 percent of those surveyed in the Politico/GWU battleground poll said the same, and according to the NBC/WSJ poll, approval of his economic stewardship is at a low of 37 percent. The surveys come on stanley mug the heels of last week s kubki stanley bleak jobs report, which indicated that no new jobs were added in August and that the unemployment rate remained steady at 9.1 percent.Meanwhile, Congress re
WASHINGTON - It s a Christmas gift the middle class might want to give back in a few years. The Republican tax overhaul bestows an initial infusion of cash on nearly every taxpayer in 2018. That extra income is likely to please millions of households, support consumer spending and perhaps give the economy a short-term lift.Ordinary households should enjoy it while it lasts. Over the next several years, multiple analyses of the law have found, those tax cuts will gradually fade -- and then morph into tax hikes for a majority of people who are solidly middle class.Why Two features in the law -- a child tax credit and a $10,000 limit on state and local tax deductions -- won t adjust to keep pace with inflation, thereby reducing their value each year. What s more, the individual tax cuts are set to expire after 2025. And once the individual tax rates revert to their former levels, a stingier inflation gauge would raise taxes for most households. stanley cups Trump signs sweeping tax bill 19:20 President Donald Trump has largely sidestepped stanley tumblers these trade-offs in promoting the overhaul he signed on Friday, a measure whose benefits largely favor corporations and wealthy individuals. It s going to be a tremendous thing for the American people, Trump said before s stanley cup igning the Cztp Ted Cruz confronted by Brett Kavanaugh protesters at D.C. restaurant
President Obama. AP Photo/Charles Dharapak As President Obama gears up to deliver a major jobs speech before Congress on Thursday, a handful of new polls give the president some of his most dismal approval ratings to date - adding renewed pressure for the White House to drive home a message on jobs and the economy that reso stanley quencher nates with the American people.According to two new surveys by ABC News/Washington Post and NBC/Wall Street Journal, Mr. Obama s approval ratings are at a record low in his presidency, at just 43 percent and 44 percent respectively. And a POLITICO/George Washington University Battleground Poll released Monday night found that just 45 percent of voters approve of the job Mr. Obama is doing as president. Moreover, the president has scored particularly low marks across the board when it comes to his leadership on economic issues: 62 percent of those surveyed in the ABC/Washington Post poll said they disapproved of how Mr. Obama was handling the economy; 59 percent of those surveyed in the Politico/GWU battleground poll said the same, and according to the NBC/WSJ poll, approval of his economic stewardship is at a low of 37 percent. The surveys come on stanley mug the heels of last week s kubki stanley bleak jobs report, which indicated that no new jobs were added in August and that the unemployment rate remained steady at 9.1 percent.Meanwhile, Congress re
