Tag Archives: income

“Trump: Open Borders Threatens the Wage Gains of America’s Lowest-Income Workers”

“President Donald Trump touted the wage gains for Americans in the lowest income brackets, adding that that the open borders policies of the Democratic Party threaten those gains. “Since the election, real wages have gone up 3.2 percent for the … Continue reading

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“$3.22 Trillion: Federal [SOCIALIST] Programs That ‘Transfer Income’ Projected to Hit Record in FY20”

“Federal spending programs that are “designed to transfer income … to individuals or families” are set to hit a record $3,223,943,000,000 in fiscal 2020, according to projections published by the Office of Management and Budget. These so-called “payments for individuals” (as … Continue reading

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“Income inequality in the US is at an all-time high”

“Last year the income gap between richest and poorest people in the US stood at its highest level since 1967, the first year the Census Bureau started tracking it. DC and New York are among places where the differences are … Continue reading

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Study: “Universal basic income doesn’t work…”

“A study published this week sheds doubt on ambitious claims made for universal basic income (UBI), the scheme that would give everyone regular, unconditional cash payments that are enough to live on. Its advocates claim it would help to reduce poverty, narrow inequalities … Continue reading

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“Amazon will pay $0 in federal income taxes for the second year in a row”

“Amazon, which doubled its profits and made more than $11 billion in 2018, won’t pay any federal income taxes for the second year in a row, the Institute on Taxation and Economic Policy reported on Wednesday.” https://theweek.com/speedreads/823590/amazon-pay-0-federal-income-taxes-second-year-row Of course they … Continue reading

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Italy The New Venezuela? “Italy Starts Handing Out Free Money”

“(Bloomberg Opinion) — Italy’s Five Star Movement has risen to global prominence more for the colorful oddness of its founder, the comedian Beppe Grillo, than for the seriousness of its populist policies. But one of its proposals has attracted genuine … Continue reading

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Sugar Pill Fraud: “13% of prescription drugs found in low-income countries are FAKE”

“For many people, prescription drugs are used to treat the symptoms of disease. But what if it’s these medications themselves that cause harm? This is the dilemma that a lot of people from poor and developing countries may be facing unwittingly, … Continue reading

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