Independent thinking for complex markets and current events
Everything got more expensive and it never came back down. This keeps feeding consumer fatigue and eventually shows up in slower spending. From coffee to home prices, costs are up everywhere Here’s Yahoo Finance’s snapshot of how some everyday costs have ballooned. A 16-item basket of groceries made up of staples like eggs, bread, and …
MURRAY: Is it true that people making under $184k pay a 12.4% Social Security tax rate? DAHL: Yes. MURRAY: And the rate for someone making $1 million? DAHL: 2.2%. MURRAY: So, a 12.4% tax for people making less than $184k, but 2.2% for a millionaire or .0002% for billionaires. pic.twitter.com/vgQWi886Ut — Senate Budget Democrats (@SenateBudget) …
The average German believes that the government should take as much as possible from him, give some of it back as “free” healthcare, education, daycare spots, etc., and distribute the rest to people who have never contributed anything to society. — 𝒜𝓁𝑜𝒾𝓈 𝐻𝒾𝓃𝑔𝑒𝓇𝓁 (@alois_hingerl) March 25, 2026
He proposes taxes as high as 50% on amounts over the $750k. Side note: the average value of a home in NYC is nearly $800k. Another day, another blue state scandal. It’s all so disgusting and tedious. Source: NYC spends more per homeless person than the median NYC household earns. $81,705 per person in FY2025. And $81,705 …
He literally ran on 'tax the rich, NOT you', now his 'last resort' is a 9.5% property tax hike hitting over 3 million regular NYC homeowners & renters to plug a $5.4B hole. the bill always lands on the middle class. pic.twitter.com/csS7ECi3Z7 — Bil@l Ahm@d (@bili_butcher) February 20, 2026
BREAKING: MAYOR ZOHRAN MAMDANI SAYS NEW YORK CITY IS FACING A “FISCAL CRISIS ON THE SCALE OF THE GREAT RECESSION” pic.twitter.com/fbpDCgyhnr — Insider Paper (@TheInsiderPaper) January 28, 2026 Mamdani says New York City must drastically hike taxes on rich to fill $12 billion deficit Here comes the socialism #MacroEdge — MacroEdge (@MacroEdgeRes) January 28, 2026
The economy for the bottom 80% has been in recession for 18 years. pic.twitter.com/vuclc5haGe — Darth Powell (@VladTheInflator) January 13, 2026 57% of Americans believe the economy to be undergoing a recession, per Gallup. — unusual_whales (@unusual_whales) January 14, 2026 Richmond Fed President Tom Barkin highlights AI-driven business investment and wealthy consumer spending as the …
The economy might hum along on paper, but real demand and real buying power are trapped at the top. US consumer spending is extremely concentrated among high-income households: Households in the top 20% of the income distribution now reflect ~39% of all spending on goods and services. Their concentration is even higher in new vehicle …
BREAKING: In a massive development, President Trump is expected to announce the “HEALTHCARE PRICE CUTS ACT” as soon as TOMORROW to fix the broken Obamacare subsidy system that gives billions to Big Insurance. He has officially CORNERED the Democrats on Obamacare. They will now defend Big, Rich Insurance. The bill would halt Obamacare premium spikes, …
by Michael Pundits have been talking a lot about America’s “K-shaped economy” lately, but most average people on the street have no idea what that means. Basically, it means that the wealthy are getting even wealthier while almost everyone else is getting monkey-hammered. Yesterday, I detailed 11 signs that economic conditions in the U.S. are the worst …
If the money is real, someone else is absorbing the pain quietly. NEW – Trump says that a tariff stimulus check of $2,000 will be paid to "everyone," except rich people. pic.twitter.com/X4ZgeCPIsY — Disclose.tv (@disclosetv) November 9, 2025 TRUMP: “PEOPLE THAT ARE AGAINST TARIFFS ARE FOOLS!” “People that are against Tariffs are FOOLS! We are …
So it's the low IQ people who have all the money. Interesting thesis, doctor. — Rich Henry (@agmethod75) November 4, 2025 If you earn 10M/yr, 2% of which is 200k, and you invest that money each year at 4%, you will end up with almost 30M extra dollars in 10 years. 7% at 20 years …
Third-quarter earnings are indicating a divided economy With more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors. There have been increasing signals that wealthier Americans are spending more while lower-income Americans are significantly paring …
Ferrari having its worst day since 2016 on horrific earnings. If the rich stop spending here, you can kiss whatever is left of this economy goodbye. pic.twitter.com/2mR4OHsEhc — Spencer Hakimian (@SpencerHakimian) October 9, 2025 Ferrari shares on track for worst trading day in company history. Shares of Ferrari posted their worst trading day ever on …
Translation: "electric bills of ordinary Americans have to double every year and subsidize us so we can get very rich making chatbots" https://t.co/utRlCTQmF2 — zerohedge (@zerohedge) October 2, 2025 🦔 Let me explain the real power problem with AI data centers. Google alone uses about 20 TWh annually, equal to what 2 million homes consume. …
In today’s hearing, I told FBI Director Kash Patel that we know FBI still has unreleased documents which contain 20 names of rich and politically connected men who Epstein trafficked girls and young women to. FBI needs to release the Epstein files and investigate these men. pic.twitter.com/xe2Fy9s2Ow — Thomas Massie (@RepThomasMassie) September 17, 2025 One …
THE GREAT BRITISH EXODUS The recent capital gains tax increase in the UK was expected to bring additional tax revenue. Instead, high-net-worth individuals and families are leaving the country leading to an 18% fall in net capital gains tax revenue. A £2.7b loss. Welcome to the Laffer curve, suckers. THE GREAT BRITISH EXODUS The recent …
Central banks are buying gold like never before. Russia just nationalized a major gold miner, Tether launched a “digital gold” token while billionaires are doubling down on bullion. The message is clear: Owning gold is no longer optional… By Peter Reagan Your News to Know rounds up the most important stories about precious metals and …
Vegas resident since 2006. Yesterday was not normal. I’ve NEVER seen a more intense monsoon season. Only even witnessed flooding in the streets and parking garages. Gone in a few hours. Few trees snapped and garbage cans everywhere. But I have never seen rows of power lines,… — DeenieLee (@DeenieLeeB) July 2, 2025 LAS VEGAS …
Something amazing happens when you ask a Democrat about taxes. First, they claim they don’t want to raise taxes. Then, they say they only want to raise taxes on “rich people.” But when you try to get them to define “rich,” the whole scam falls apart Something amazing happens when you ask a Democrat about …
It’s not just low income folks struggling anymore. Even the rich are falling behind on making their debt payments these days. In fact, the delinquency rate for prime borrowers on auto loans is skyrocketing right now especially when you compare it to just one year ago. On top of that student loan borrowers who have …
While some countries may be scaling back their golden visa opportunities, New Zealand just made it easier for wealthy Americans to earn residency. New Zealand relaxed several of the requirements for its Active Investor Plus Visa Program on April 1. The program launched in September 2022 as part of a broader scheme to attract “global …
https://twitter.com/MattersThatFact/status/1908318070143410250 The $QQQ has entered bear market territory (down more than 20%). According to Grok, this is the 1st time a President has caused a bear market in his first 100 days of office. 🤯 pic.twitter.com/4oAZSOzl2J — dmac (@dana_marlane) April 4, 2025
The Trump administration is discussing a surprising option to help fulfill his campaign-trail promises: Allowing the richest Americans’ tax rates to rise in return for cutting taxes on tips, a senior White House official tells Axios. The big picture: Some White House officials believe letting income taxes on the very highest earners rise would buy breathing room on …
You can’t make this up. Another day, another left-wing dark money operation trying to manufacture outrage against Trump and House Republicans. Chanting "tax the rich" at a town hall in Nebraska is a great way to show that pushback isn't organic. And what do you know – "More Perfect Union," who helped organize this turnout, …
Trump promises to close loophole—will America be robbed again? 🚨🇺🇸 WALL STREET IS COLLAPSING COMPANIES FOR PROFIT—AGAIN Joann’s, Party City, Big Lots—profitable stores, but all going bankrupt. Why? Because Private Equity loaded them with debt they knew they couldn’t survive. They call it “back floating rate debt”—adjustable-rate loans… pic.twitter.com/atsndgOeHk — Mario Nawfal (@MarioNawfal) March 17, …
The richest 1% of Americans own more stocks than the other 99%. The biggest difference between the average investor and the top 1% is how much of their portfolio is allocated to stocks. The bottom 50% of the households have only 4% invested in equities compared to an incredible 61% for the top 1%. For the …
Home prices and mortgage rates are high but haven’t hampered demand for what Toll Brothers calls its “luxury niche.” That niche is made up of empty nesters, rich millennials, and wealthy buyers who are inoculated from housing market swings. “Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman …
It’s almost comical how left-wing populists love to preach about the rich paying their fair share. But let’s get real here—top 1% income earners in the U.S. are already paying nearly as much in taxes as the entire rest of the country combined. The truth? Socialists don’t build—they take. They’ve never built a business, never …
