Upcoming $3 billion in state tax credits will disproportionately benefit high-income residents, experts say: High-income taxpayers could receive credits of more than $20,000 while a new estimate suggests low-income residents could see credits of just $9.

To get $20,000 back you must have an income of like $3 million a year lol. If you make $100k a year you’re getting back around $650   Nearly $3 billion in excess tax revenue is set to be returned …

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Global central banks agreed at Jackson Hole to tighten as quickly and brutally as possible. What we are watching in real-time is a global coordinated collapse…

by BoatSurfer600 When inflation becomes uncontrollable, central banks’ reactions tend to be disproportionately large, which is exactly what we are seeing in 2022. “Central banks need to be decisive on inflation, IMF’s Gopinath says” https://www.investing.com/news/economy/central-banks-need-to-be-decisive-on-inflation-imfs-gopinath-says-2881103 “Some ECB policymakers want 75 …

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