April 2019

Tax Reforms
Politics

How has tax reforms affected the American citizen?

On the 22ndof December 2017, US President Donald Trump signed the Tax cuts and Jobs Act into law. It was the first time in over three decades that tax laws had changed significantly. The new laws maintained the number of tax brackets at seven.The law doubled the standard deduction, cut individual income tax rates and completely waived personal exemptions. The National Retail Federation (NRF) was working behind the scenes to support Washington lawmakers in passing the bill.The NRF was of the opinion that the new tax code would inspire investment and mitigate retailers of financial hardship. Retail analysts from Nomura/Instinet Equity Researchers in New York agreed that for the longest time, retailers had been paying the highest average corporate tax rates.

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NATO
Politics

NATO at 70

NATO at 70 The most successful security intergovernmental organization turned 70 this April. North Atlantic Treaty Organization (NATO) provides security umbrella and protects from conventional and nuclear attacks geopolitical landscape that comprises North America, Western Europe, Baltics and partially Balkans. Out of 29 member states, two are world’s most important economies, three are permanent members […]

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Mexico Border wall
Politics

Trump Calls Off Plan to Close the Border

Trump Calls Off Plan to Close the Border -By Jim Owen President Trump, after vowing to close the southern border of the United States, now says the action is not necessary , at least for  the time being. The president explained that he changed his position on the border issue because Mexico had promised to be more aggressive in stopping undocumented immigrants […]

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