It noted that federal fiscal policies, including the 1.5-trillion-U.S. dollar tax cuts and increased budget spending for fiscal 2018 and 2019, would likely give a "moderate boost" to the economic growth this year. The report, by using the same Fed forecasts released in December, stated that...
At least one positive for the Fed is a stalemate in Congress against surging tax revenues. If this helps shore up the Federal Budget deficit, then maybe they can push into QT. Unfortunately, this might be a temporary relief for everyone before interest rates start rising, debt starts exploding...
Trump has railed against the currency's strength, saying it hurts U.S. competitiveness. Yet many of his policies, such as tariffs and tax cuts, could strengthen the dollar, said Bardas. On Thursday, Trump told the Economic Club of New York that "we have to continue to hav...
Click Payroll > Reports > Tax > Quarterly reports > Form 941 preparation.Where the data in this report comes fromThe data on this report comes from the following sources:PayrollTaxTransactionHistoryUnionQuery query PayrollPayStatementLine table PayrollPayStatementTaxLine table PayrollPayState...
There seems to be no consensus at the Fed about the upcoming rate hike. Some governors came out in support of a 25-basis-point hike, others said that for them a 50-basis point hike is also on the table. The meeting could end with some dissenting votes, whichever way it goes...
Is it credible to, year after year, steal from the American tax payer through devaluation of the currency? Is it good sense to set interest rates at zero for ten years, with the only benefit being a measly 2.5% growth rate? If we cannot achieve 2.5% without 0% interest, then we need...
TheStreet'sEric Jhonsa covered the Oracle (ORCL) earnings and brought his takeaways to the table. After the bell on Monday, Oracle reported November quarter (fiscal second-quarter) revenue of $9.56 billion (flat annually and up 2% in constant currency) and non-GAAP EPS of $0.80. Revenue ...
November 29, 2018: Deutsche Bank’s headquarters in Germany are raided by 170 members of law enforcement. Prosecutors said at the time that “Deutsche Bank helped customers found offshore organizations in tax havens by transferring illegally acquired money...
2. Why does your “Assumed Growth Path” (Table just before Figure 1 above), have FED capital increasing at 10%/y while required reserves increase at only 4%/y? Isn’t one of the greatest problems exposed by the 2007 meltdown, that banks had insufficient reserves to absorb losses?
Energy company SSE has reported a fourfold increase in its profits but emphasised the scale of its investment in the UK’s renewable sector as the government prepares a windfall tax on electricity generators. SSE’s adjusted earnings after tax in the six months to September rose to £450mn ...