ashley: advice on how to cope with inflation includes spend your paycheck right away. the author says you will own nothing and you will be happy. i guess that s right. i mean, the financial news outletten occurrings americans to spend paychecks right away and borrow lots of money. who is giving this advice. they noted further increases in spending and borrowing would lead to inflation far above the current u.s. rate of nearly 7. carley: after losing both parents to covid-19 in a new york nursing home, janice dean s sister-in-law is giving back this christmas with operation gifts for seniors. ashley: janice dean and donna johnson join us now with more. first off, ladies, what a great thing to start. it s all her. you re such an amazing person.
enough for those traveling over the holidays, seeing major sticker shock. fuel prices up 58%, hotel rates up more than 25%, car rental rates rising 37%. realistically, i think this goes on for another year. by november of next year, i really do expect that most of this would have worn itself out. reporter: back at the tallyrand restaurant, the financial news is hard to digest. you re kind of like a deer in the headlines, where is this going to turn? when is it going to get better and settle down and get stable again? and we re trying to hold on and we just don t see the end yet. reporter: and there s another sneaky type of inflation we re seeing a lot more of these days. it s called drip pricing, and that s where companies add fees and surcharges to the bill so they can still advertise a lower price and maybe not scare away customers with sticker shock. norah. o donnell: that s the first time i heard of that. now to the supreme court ruling
Is raising US corporate taxes such a bad thing?
President Biden wants to increase corporate taxes to 28%, from 21%, still less than 35% from Obama s administration.
President Biden is being condemned by Republicans and business leaders for his proposed corporate tax increases, but are these critiques warranted?
51 or 52 corporations in the Fortune 500 that haven’t paid a single penny in taxes for three years.” President Biden
NEW YORK CITY, NEW YORK, UNITED STATES, April 6, 2021 /EINPresswire.com/ President Biden has been under constant scrutiny since his arrival in the oval office. This scrutiny comes primarily from his political rivals (Republicans such as Senate leader Mitch McConnel) and business leaders. Criticism and worry surrounding Biden’s new legislation initiatives and infrastructure plan is due to one primary concern, taxes. More specifically, corporate taxes.
SHENZHEN, Jan. 20 (Xinhua) China southern boomtown of Shenzhen will issue digital currency worth 20 million yuan (about 3.1 million U.S. dollars) as part of