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Return to   Latest Economic News    Updated 6/11/18   Please link to, use to educate and share.

# 2 Will Trump Tax Cuts Work?
1. Real Growth at 4%     2. Inflation About 2%     3. Measurable Wage Improvement?   4. Debt % of GDP Down
 

Trump Estimated Income Tax Saving before Payroll Taxes and Other Deductions
Return to One-Page Economic Issues     Updated 1/3/18         Please link to and 

Fast Food Cook

Average salary: $20,570

2017 tax: $1,059

2018 tax: $857

Percent tax cut: 19.1%

Machine Feeders

Average salary: $30,490

2017 tax 2,547

2018 tax: $2,028

Percent tax cut: 20.4%

Mechanics

Average salary: $40,860

2017 tax: $4,014

2018 tax: $3,273

Percent tax cut: 18.5%

Firefighter

Average salary: $50,520

2017 tax: $5,214

2018 tax: $4,432

Percent tax cut: 15.0%

Sheet metal workers

Average salary: $51,080

2017 tax: $5,322

2018 tax: $4,537

Percent tax cut: 14.7%

$202/year  or $3.89 -per week- $529  per year or  $10.17 $741/ year or $14.25 $782 per year or $15.04 per week $785 per year or $15.10

Editor's Note: Media US salary is about $60,000

Data Source businessinsider.com

 

Tax Bill in 10 Years
Maybe this will Activate the Sanders base

 

Very Early Data

us government posts 147 billion deficit in may

Tariff on Canada Fake News

U.S. goods and services trade with Canada totaled an estimated $673.9 billion in 2017.
Exports were $341.2 billion; imports were $332.8 billion.
The U.S. goods and services trade surplus with Canada was $8.4 billion in 2017.

Source U.S.-Canada Trade Facts (Office of the United States Trade Representative)

 

Latest Economic News From 2017