Author: nick
Enforce the Rules We Have on Homelessness Before Adding More Source link
Every April, Americans spend more than 7 billion hours filing taxes and roughly the same amount of time arguing over them, almost entirely on the basis of several common myths. Here are the five most consequential. This is the most repeated claim in American tax politics and one of the least supported by actual data. The top 1 percent of earners take in 22 percent of total income and pay 40 percent of all federal income taxes. The top 10 percent earn about half the nation’s income and pay 72 percent of its taxes. The bottom half of earners, collectively,…
In one of the scariest moments in modern history, we’re doing our best at ScheerPost to pierce the fog of lies that conceal it but we need some help to pay our writers and staff. Please consider a tax-deductible donation. ScheerPost Staff As Israel intensifies its bombardment of Lebanon, a group of United Nations experts is now saying plainly what much of the political class refuses to: this is not self-defense—it is a violation of international law. In a sharply worded joint statement, two dozen UN special rapporteurs condemned the ongoing assault as “a blatant violation of the UN…
Even the mainstream media is now openly admitting that shortages are coming. But right now I am seeing so much apathy about the war in the Middle East and the global supply chain disruptions that are happening right in front of our eyes. So many people seem to be convinced that the war will end soon and things will go right back to the way that they were before. I really wish that was true. But the Iranians just told us that traffic through the Strait of Hormuz “will never return to its former state, especially for America and Israel”,…
I hate, hate, hate filing taxes. There is a better way. Source link
Woodrow Wilson’s ideas are opposed to the basic American creed. They can’t coexist forever. Source link
President Donald Trump’s decision to attack Iran will have significant consequences for the US economy. On Thursday, the Organisation for Economic Co-operation and Development forecast that US inflation will exceed 4% in December. “The energy price surge and the unpredictable nature of the evolving conflict in the Middle East will raise costs and lower demand, offsetting the tailwinds from strong technology-related investment and production, lower effective tariff rates and the momentum carried over from 2025.” The White House has taken several steps to keep oil prices from spiking, including lifting sanctions on Iran, Russia, and Venezuela, suspending the Jones Act,…
House trailer, Bombay Beach, California. Photo: Jeffrey St. Clair. Home prices are up 60 percent since 2019, and purchasing the median-priced home would pose a significant financial strain for most Americans. Half of all renters are cost-burdened, paying more than the recommended maximum of 30 percent of their income on housing. Rising housing costs and a lack of affordable housing has led to a record high level of chronic homelessness. There is not enough affordable housing: + The nation faces a deficit of about 2 million homes for purchase. + The median single-family home costs five times the median household…
Good News About Economic Mobility Source link
“Mom, Dad, checking in,” one person who appears to be a U.S. service member tells the camera. “I’m good, okay? No need to worry about me.” Surrounded by snow and ice, she continues: “It’s freezing out here and I’m soaked. But for the safety of the American people, and to help make America great again, I’m standing my ground. Do I earn your follow and your thumbs up yet? Stay safe.” That isn’t a U.S. service member or even a real person. The video was generated with artificial intelligence. It’s one of many fake videos showing similar scenarios — U.S.…