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Tag Archives: Economists

According to Sanders plan, billionaires could face tax rates of up to 97.5 percent: economists

Two University of California economists, Berkeley, claim that billionaires, according to Senator Bernie Sanders' plan, could face an average effective tax rate of 97.5 percent, while other Democrats who applied for president in 2020, would beat easily. Emmanuel Saez, One of the professors told Bloomberg, "With wealth tax you get directly to the stock instead of influencing the income stream. …

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Berkeley economists are advising both Warren and Sanders on their groundbreaking proposals for wealth taxation

Elizabeth Warren and Bernie Sanders have the same two external advisers to whom they thank for drafting their wealth tax proposals: economists Emmanuel Saez and Gabriel Zucman of the University of California at Berkeley Dollar generate revenue from the taxation of wealth – in addition to Income – of millionaires and billionaires, an idea supported by researches by Saez and …

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Economists warn of falling RV sales and impending recession

ELKHART, Ind. (AP) — Economists warn that a decline in recreational vehicle deliveries from northern Indiana, calling itself the "RV capital of the world", is impending Recession suggests. [19659003] More than 80% of recreational vehicles sold in the United States are manufactured in Indiana and, according to the RV Industry Association, about 65% is from Elkhart County. The wholesale distribution …

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According to economists, a growing number of indebted "zombie consumers" have been fueled by low interest rates

Dan Kitwood / Getty Images Wall Street and the White House have welcomed rate cuts in the US in recent months. However, given the record debt levels of consumers, economists believe that lower cost of borrowing poses significant risks to Morgan Stanley Asia, former chairman. Visit Markets Insider to learn more. Wall Street and the White House have welcomed interest …

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Goldman Sachs economists say fears are mounting that the US-Chinese trade war could lead to recession

Containers will be seen at Yantian Harbor in Shenzhen, Guangdong Province, China on July 4, 2019. Recession is on the increase and Goldman does not expect a trade agreement between the world's two largest economies before the US Presidential election in 2020. "We expect tariffs on the remaining $ 300 billion in imports from China to come into effect," a …

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Economists polls say fears of recession in the US are increasing

This is the main finding of a report released Monday by the National Association for Business Economics. The poll, based on responses from 53 economists, is a leading barometer for the US economy's assessment that the economy is on track. "Increased trade protectionism is seen by the majority of respondents as the primary downside risk to growth," said Gregory Daco, …

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Economists are not only worried about a recession. Investors are too

About three-quarters (73%) of investors expect a recession over the next two years, according to a recent survey by 260 professional money managers and analysts conducted by the Boston Consulting Group last year. In 2017, just over half (53%) said they had a recession. The current attitude has little to do with China's trade, Brexit, or Washington's government shutdown. Instead, …

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Why economists think the attitude is starting to slow

The Labor Department will publish the final employment report for 2018 on Friday. In one of the worst stock market months in decades, the attitude may have slowed down. It probably will not be dramatic – economists polled by Refinitiv predict that employers created 178,000 new jobs in December, which is more than enough for the natural growth of the …

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