Macroeconomics

Blogs

Macroeconomics Blogs
  • Trans-Pacific Partnership: Is Trade Good for America?
    The question, “Is trade good for America?” may seem a little trite to some, but in watching and listening to the heated rhetoric on the Trans-Pacific Partnership Trade Agreement, it is a question that one might ask to gauge how much the public has become so polarized on this issue.
  • Ted Cruz Reflects Confusing GOP Attitude Toward Acronyms
    So Ted Cruz is running for President, and wants to abolish the IRS.Back in the wake of the “IRS Scandal”—that is, when the public became aware that the IRS was selectively targeting nominally conservative or Tea Party-associated groups for tax audits, Cruz’s solution was to eliminate the federal body altogether.
  • The Trans-Pacific Partnership: Why I support President Obama
    "If you want to go face to face with me President Obama, I'm ready to go because I have the facts!" – Ed Schultz responding to President Obama for calling out MSNBC for its opposition to the TPP.
  • Obama Moves to Cement His Legacy With a Rallying Cry to Lift up the Middle Class
    Don't ever think of telling President Obama he is a lame duck. He has too many things he still wants to accomplish before he leaves and beginning the process of lifting up the middle class is at the top of his list.
  • From a Promised Utopia to Catastrophe: Welcome to Sam Brownback's Kansas
    If you ever want to see a 'real life experiment' on how to turn Ayn Rand's philosophy into a state wide policy, then look no further than Kansas. Governor Brownback coasted to election four years ago on his promise to make Kansas a bastion of conservative orthodoxy.
  • Corporations Are Paying Historically Low Tax Rates
    The corporate tax rate is a heavily debated topic in this country. And many on the far right and those on the side of big business sight that upwards of a 35% corporate tax rate is far too high a premium to pay in taxes, just to do business in the United States.
  • Tax Preparation Industry is the Wild West of the 21st Century
    The tax preparation industry is one of those industries that everyone loves to hate. Since the average American doesn't understand the tax code, these organizations step in and promise to take care of everything for you. All you need to do is give them a hefty fee and voila, your taxes are now done. If you're lucky, you'll get some money back.
  • Washington State Is Selling Legal Weed Now
    Several months behind Colorado, but still only the second state in our union to do so, Washington state has begun to officially sell recreational marijuana. Sales began on July 8th. As with Colorado, the first day of sales was largely celebratory and more historic in nature, than anything else.
  • Earned Income Tax Credit (EITC): What It Is & How To Qualify
    The EITC (or Earned Income Tax Credit) is one of the largest and most effective tax stimulus credits the federal government has ever installed into the economy and tax system. This refundable tax credit's goal is to help out the millions of Americans that struggle to make ends meat every year.
  • Let me ask you a question or two…. Are you super wealthy and about to leave this world? Do you claim to love American but don’t want to be bothered to help your fellow Americans? Does the idea of losing money, yet still having more than you could ever spend, scare you to death? Fear not! You now have a way of paying less tax on your estate. First, let’s meet Harold Simmons.
  • The Laymen Guide to Federal Tax Brackets
    If there is anything nearly every American can agree on, it is that the way the American government collects taxes is frustrating, confusing, and downright crazy. The system has become so complicated that a layman would have to spend hours, if not days, shifting through all of the different rules and regulations if they want to ensure their yearly return is done properly.
  • Crime Down, Revenue Way Up for Colorado 5 Months Into Marijuana Legalization
    Back on November 6th, 2012, the bold states of Colorado and Washington passed ballot measures alongside the last presidential election process to fully legalize marijuana.
  • Raise The Minimum Wage to 1968 Standards, It's Only Fair
    In the last two State of the Union addresses by President Barack Obama, the raising of the minimum wage has been brought up. Obama urged the nation to vote on and be in support of proposed legislation that would raise the minimum wage from the national level that it is now at $7.25/hour to a more reasonable sum of $9.00/hr in his 2013 address, and $10.00/hour in his 2014 address.
  • The Federal Income Tax: A Patriotic Duty For a Better America
    April 15th is a day that elicits a strong emotion in many of us Americans. While millions of Americans have already filed their Federal Income taxes, there are always millions more procrastinators out there who wait until the final minute to submit their paperwork. Everyone has their own reasons for doing their taxes when they do them.