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‘A guinea pig for a bad policy’: 1.3 million federal workers will have payroll taxes deferred under a controversial new directive from Trump

The Trump administration is implementing a payroll-tax deferral for 1.3 million federal workers that’s set to take effect in mid-September. The move will cause them to bring home smaller paychecks as the government doubles its payroll-tax withholding from January until April to recoup the money owed. The White House defended […]
‘A guinea pig for a bad policy’: 1.3 million federal workers will have payroll taxes deferred under a controversial new directive from Trump
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Here’s How The Fiscal Cliff Deal Screwed Over The Poor

The Congressional Budget Office (CBO) is out with a report today on the distribution of federal taxes and it shows how low-income Americans were hurt by last year’s fiscal cliff deal. In 2010, the top 1% paid the highest average rate in 2010 at 29.4% and the top quintile paid […]
Here’s How The Fiscal Cliff Deal Screwed Over The Poor
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Yankees Will Pay Record $US29.1 Million Payroll Luxury Tax This Season

The Yankees will have to pay a luxury tax bill of $US29.1 million this season according to Bob Nightengale of USAToday, further demonstrating why it is so important to the Yankees that Alex Rodriguez be suspended for the 2014 season. The luxury tax bill is based on the Yankees’ $US236.2 […]
Yankees Will Pay Record $US29.1 Million Payroll Luxury Tax This Season
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The ‘Silent Killer’ In Wal-Mart’s Business

[credit provider=”iamlemonfilm on Flickr” url=”http://www.flickr.com/photos/koonisutra/3457022135/”] There’s a “silent killer” that became evident in Wal-Mart’s earnings announcement today.”The results announced today are flat-out bad, and its time for shareholders to take management to task for this,” said Brian Sozzi, chief equities analyst at NBG Research. 
The ‘Silent Killer’ In Wal-Mart’s Business
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If Walmart Shoppers Are Broke, Then We’re All In Trouble

[credit provider=”Walmart Corporate on Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5684811762/”] Wal-Mart’s leaked emails could be just the beginning of bad news for the retail industry. The emails, leaked by Bloomberg, revealed that Walmart executives were freaking out because people weren’t shopping as much.
If Walmart Shoppers Are Broke, Then We’re All In Trouble