This might very well be the busiest year of the Atlantic hurricane season, and with two months left the Americas shudder at the thought of what next, who’s next, and when. Three major hurricanes—Harvey, Irma, and most recently Maria—all made landfall roughly one week apart, and caused widespread devastation across several U.S. cities and total … Continue reading
On September 13th the House subcommittee on Worker Protection and the subcommittee on Health, Employment, Labor, and Pensions held a congressional joint hearing to consider the Save Local Business Act. The proposed bill seeks to define joint employers as those who have “actual, direct, and immediate control” over employees and to roll back the Obama … Continue reading
Rural America is struggling. As blue-collar jobs move overseas and people flock to major cities in an increasingly knowledge-based economy, rural America is being left behind in the next wave of economic growth. President Donald Trump broke the Democratic “blue wall” in the 2016 presidential election by appealing to rural voters, running on a platform … Continue reading
Overview As the cost of healthcare rises, the government is pouring money into the current health insurance system to find a way to counteract this rise, and lower costs for patients. Progressive Democrats propose expanding upon the Affordable Care Act (ACA) and implementing a single payer system. The key issue with a single payer system … Continue reading
WIOA Workforce GPS (GPS) and the Innovation and Opportunity Network (ION) are two virtual components of WIOA that offer different resources, grants, announcements, online training, and personalized accounts to help Americans find employment. The online portals also offer ‘Communities’ and ‘Collections’. According to the information provided on Workforce GPS, “Communities offer you the chance to … Continue reading
Overview Over the past two weeks President Trump has taken actions to make good on some of his campaign promises regarding immigration. The President has delayed a rule that would allow foreign entrepreneurs to stay in the U.S. while building their businesses, and is working with Republican Senators to introduce a bill that, by 2027, … Continue reading
Since the President Obama proposed the Fiduciary Rule in February of 2015, retirement advisors have been calculation the impact on their business. Obama’s fiduciary rule is not workable, it will cost too much for many low-income Americans as currently proposed. The Fiduciary Rule expands the definition of fiduciary under the ERISA (Employee Retirement Income Security … Continue reading
Introduction The Earned Income Tax Credit (EITC) grants benefits to low-income households based on earned wages and the number of children in the household. It serves as an incentive to increase labor and is targeted to households who need assistance but are also working to improve. While this structure has particular benefits for work incentives … Continue reading
(Link) Introduction We always feel tired about waiting in a long queue at Internal Revenue Service to have our tax issue fixed. However, in the future, we may recognize our housekeeping robots from the same line who, too, want to solve their tax problems. The once wealthiest person in the world, Bill Gates proposed in … Continue reading
Background The year was 1986. The Oprah Winfrey Show made its debut. Mike Tyson became the youngest heavyweight champion of all time. And in October, the Tax Reform Act of 1986 was signed, marking the last time the United States federal tax code underwent large-scale reform. The global economy has changed drastically since 1986: free … Continue reading
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