The Texas sales tax revenue hit $3.92 billion, 6.8% higher than in June last year. Texas Sales Tax Revenue Hits $3.92 Billion This June Following Higher Major Taxes Collected Than Last Year The Texas sales tax revenue hit $3.92 billion this June, which was reportedly 6.8% higher than the Texas sales tax revenue in June…
South Carolina, UNITED STATES — President Joe Biden visited South Carolina to commend a new $60 million solar investment as the latest example of his efforts to bring back the nation’s manufacturing industry. Biden and other top administration officials are touring the country to promote how the administration’s economic policies, called “Bidenomics,” are impacting the…
Americans hate to break it to President Joe Biden, but he may need more than an interesting name to characterize the state of the US economy and his plans to address it. Biden has begun to use the term “Bidenomics” to define what he considers to be the excellent things his administration has done for Americans’…
The increase in prices for the U.S. Postal Services’ stamps and services will begin this July 9 due to rising operation costs brought by inflation. Reasons behind the Price Increase According to USPS, the said price adjustments are required for the Postal Service to provide much-needed revenue to achieve the 10-year plan to achieve financial…
The Fed chairman will deal with criticisms following the recent policy decisions and actions over interest rates and inflation. Fed Chairman Will Testify Before Congress Following Interest Rates and Inflation Decisions Fed Chairman Jerome Powell will testify before Congress to answer questions about the Federal Reserve’s recent decisions and actions on interest rates and inflation…
The rising costs and hiring enough workers continuously affected small businesses despite inflation slowing down. Small Businesses Affected by Rising Costs and Lack of Hiring Enough Workers Despite Slowing Inflation With inflation already slowing down in the US, small businesses are still affected by rising costs and the lack of means of hiring enough workers,…
Instead of interest rate hikes, financial markets should start lowering interest rates to boost the US economy. Lowering Interest Rates Will Boost Economic Growth Amidst Inflation and Other Struggles With the current inflation and other economic struggles, lowering interest rates in Federal Reserve System will help boost economic growth instead of continuous interest rate hike…
NEW JERSEY – The COVID-19 pandemic drastically affected American purchasing habits. Social distance and stay-at-home instructions resulted in a shift away from transportation, restaurant, and entertainment expenses in the early days of the pandemic. Rising Inflation And Interest Rates Increase Credit Card Debt And Interest Rates Consumer expenditure has since recovered, although rising inflation has…
A preliminary examination of the Friendswood budget reveals the possibility of an 8.6% tax rate rise in the fiscal year 2023-24. Tax Rate Needs To Be Raised To $0.5294 Per $100 Valuation, Without A Tax Rate Election Katina Hampton, Director of Administrative Services, presented a preliminary FY 2023-24 budget to Friendswood City Council on June…
(AUSTIN) – According to Texas Comptroller Glenn Hegar, state sales tax collections in May totaled $3.84 billion, 4.1 percent more than in May 2022. The majority of May’s sales tax collection is based on April sales that were paid to the agency in May. Remittances From Other Sectors Stalled, With Retail Trade Receipts Falling Below…