Taxes

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Taxes

The Impact of Tax Cuts on Your State Income Taxes and Your Investment Strategy

By: Tim Hayes Financial Advisor - posted in: Investment Advisor - Last updated Feb 19, 2019

The big winners from the new congressional tax bill are corporations, which will see their tax rates reduced from 35% to 21% while keeping most of their deductions. However, second but little-talked-about winners are state governments, mainly in those forty or so states that align their tax codes with the federal system.

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How the Federal Tax Cuts and Jobs Act Can Help Solve the Public Pension Problem

Why Tax Cuts, Combined With the Federal Reserve Reducing Its Balance Sheet, Is So Risky for Our Economy

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Feb 4, 2019

The 1% got $4 trillion of help from the Federal Reserve during QE. The bill for that support, which comes due just as the Fed reduces its balance sheet, just got sent to the middle-class through this new tax bill.

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Why Tax Cuts, Combined With the Federal Reserve Reducing Its Balance Sheet, Is So Risky for Our Economy

Can Tax Cuts Stimulate the Economy?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Feb 12, 2019

President Trump’s tax proposal has four goals: (1) to “make the tax code simpler,” (2) to “give employees a raise” by reducing their income taxes, (3) to “level the playing field” by cutting taxes on American companies, and (4) to provide incentives for businesses to “bring back” the $2.5 trillion of cash they hold overseas

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Can Tax Cuts Stimulate the Economy?

Tax Cuts, the U.S. Congress, and the New Tax Bill

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Jan 28, 2019

Apparently, the Congress does not know who benefited from QE nor do they understand how the Federal Reserve reduces their balance sheet. Because if they did, there is no way they would support this tax bill.

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Tax Cuts, the U.S. Congress, and the New Tax Bill

Is the Reduction of the Fed’s Balance Sheet a Ticking Time Bomb? Two Financial Heavyweights Weigh In

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Feb 9, 2019

A dispute is brewing in the financial press between two financial heavyweights: Paul Sheard, Executive Vice President and Chief Economist of S&P Global, and Urjit Patel, Governor of the Reserve Bank of India.

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