income

$RIVN stake was responsible for 82.5% of $AMZN Q4 net income. If you subtract that, EPS is ~60% LESS than same quarter of last year.

https://twitter.com/inverse_WallSt/status/1489362250284609539 https://twitter.com/RJRCapital/status/1489347013787492357 https://t.co/RmYUP7doai pic.twitter.com/ZDFxTA39xt — The Great Martis (@great_martis) February 3, 2022 $AMZN online store revenue growth of 1%. A year ago it was 43%. — funwithnumberz (@funwithnumberz) February 3, 2022 https://twitter.com/RJRCapital/status/1489356106937909248 https://twitter.com/WifeyAlpha/status/1489378854103887876

US Would Have Highest Top Income Tax Rate…

Nobel-prize-winning economist Milton Friedman famously quipped that there’s no such thing as a free lunch. Well, despite the Biden administration’s rhetorical spin, there’s also no such thing as a multi-trillion-dollar spending plan that costs “zero dollars.” Indeed, Biden’s plans include a vast …

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This is what happens when you create an ever more unequal society by squeezing low income families with inflation while goosing the asset prices of the top 10% who own 89% of stocks.

https://twitter.com/NorthmanTrader/status/1450785972245962756 The idea that the multitude of complex problems that cause inflation could be controlled by moving interest rates up and down is insane. How did we allow it to become the conventional approach? https://t.co/y5M255x01Z — Max Jerneck (@MaxJerneck) October …

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Federal Tax Collections Set Record… Inflation jumps 5.3%… Household Income Falls… Poverty Rate Rises…

$3,586,456,000,000: Federal Tax Collections Set Record Through August The federal government collected a record $3,586,456,000,000 in total taxes through first eleven months of fiscal 2021 (September through August), according to the Monthly Treasury Statement. The federal government also collected a record …

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Jim Rickards: We’re now past the point where a majority (who pay no tax) can tax the minority (who do pay) to redistribute income and support federal benefits. That condition never lasts long, never ends well.

60% of U.S. Households paid no income tax in 2020. So, we're now past the point where a majority (who pay no tax) can tax the minority (who do pay) to redistribute income and support federal benefits. That condition never …

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61% paid no income taxes…

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center. The pandemic and federal stimulus led to a huge spike in the number …

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The Upper Income Class Spending Boom

by UPFINA We are on the eve of the May BLS labor report which should show job creation rebounded following the much weaker than expected reading in April. This will come right before the Fed’s June meeting. It probably won’t impact …

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