Kilroy2
Gold Member
- Dec 22, 2018
- 7,056
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Median household income still is rising
Median household income U.S. 2022 | Statista
The average salary in the United States has been increasing since 1990. Generally speaking, the median income increases each year.
www.statista.com
Corporate profits are rising
The booming economy, not the 2017 tax act, is fueling corporate tax receipts | Brookings
Last year’s strong economic growth, high inflation, and pandemic-related relief legislation - not the 2018 TCJA - increased both corporate profits and the taxes business paid.
www.brookings.edu
Despite inflation being high people are making money and the rich are getting rich according to the Trump plan
How could the tax breaks not affect Trump? It is those damn lawyer fees. Yeah he can afford it but he would be a lot richer without them. If only he could do things that would not involve breaking the law or defending himself when he makes false statements or start riots. Well Trump will be Trump.
If income rises then inflation is not that bad. The FED's just need to raise those interest rates before income falls. Business will not like it but hey they are showing good profits.
Gas and oil prices are going down and then they go back up. Gas prices well depends on where you live at. Still the trend is heading down.
Thank you President Biden.