There are two ways to summarize Trump's sweeping proposed tax plan: extremely amibitious in the grand scheme of things, with virtually no details. Oh, and one more thing: it has almost no chance of passing in its current form.
Chasing short-term returns by massively overplanting a permanent crop with a 25 year useful life and creating a huge supply bubble in the process rarely works out all that well...turns out it didn't work that well for California almond farmers either.
"North Korea's pursuit of nuclear weapons is an urgent national security threat... The United States seeks stability and the peaceful denuclearization of the Korean peninsula. We remain open to negotiations towards that goal. However, we remain prepared to defend ourselves and our allies."
Silicon Valley investment firms ignored this basic principle for years, dumping their investors’ savings down the toilet into loser companies with no hope of profitability. It was a bubble, plain and simple… and now that bubble seems to have burst. According to Dow Jones Venture Source, venture capital firms in Silicon Valley pared down their investments in tech startups by 30% in the last several months...
If you piece together the puzzle, it appears Baltimore’s outlook for 2017 is bleak. Residential real estate prices are stalling and it appears that the millennial generation who bought into the revival narrative could be holding the bag.
While loan performance improved across various loan types throughout the first five years of the expansion, over the last year three of the four major types of loans began experiencing a deterioration in loan performance.
Chaotic scenes broke out during a visit by French presidential frontrunner Emmanuel Macron to striking factory workers in his hometown of Amiens. Macron was greeted Wednesday with jeers, boos and chants in favour of his far-right rival Marine Le Pen as he made a chaotic visit to the factory in northern France.
"These were the cowboys of Wall Street," said Peter Henning, a law professor at Wayne State University in Detroit. "If you were a bond trader, you could almost do anything you wanted, and not anymore."
Everyone observing politics seems to agree on two things about a president’s first 100 days in office: 1. 100 days is a meaningless, arbitrary marker for a president’s performance that is likely to be more misleading than useful; and... 2. Let’s treat it like it is important!
Reuters cited a House Republican source who said that a one-week bill would give lawmakers "a little breathing room" to complete negotiations on broader legislation, although it is unclear why if Democrats haven't agreed with core GOP principals, they would agree next Friday.
"Over the past couple of months, House conservatives have worked tirelessly to improve the American Health Care Act (AHCA) to make it better for the American people. Due to improvements to the AHCA and the addition of Rep. Tom MacArthur’s proposed amendment, the House Freedom Caucus has taken an official position in support of the current proposal."
As the minutes tick by ahead of the announcement of "the greatest tax cut in human history," we are getting more information on the personal tax rates (something Treasury Secretary Mnuchin failed to mention earlier). As Fox News reports, in addition to raising deductions, the Trump administration will collapse the current seven-tier bracket system into just three tax brackets under the new plan, taxed at rates of 35 percent, 25 percent and 10 percent.