The findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election.
I have zero respect for anyone who says they rejected a raise (or bitches a raise they accepted) because theyd pay more in taxes because itd put them in a new tax bracket.
I’ve met one! He’s from a rich family, and we had this exact discussion, where he told me that he knew way more wealthy people than me who told him so, so how can they be wrong when they’re so rich? 🤦
There’s a shocking lack of financial literacy from a lot of people, and not just Americans.
Tax brackets, tariffs, you name it. People somehow expect either the importer or the manufacturer to wear the cost.
I have zero respect for anyone who says they rejected a raise (or bitches a raise they accepted) because theyd pay more in taxes because itd put them in a new tax bracket.
I’ve never met one myself, but I can certainly believe they exist.
I’ve met one! He’s from a rich family, and we had this exact discussion, where he told me that he knew way more wealthy people than me who told him so, so how can they be wrong when they’re so rich? 🤦
…and perhaps most importantly: compound interest
This applies not only to growth, but to debt.