Category Archives for "Economy"

Inflation and Diminishing Wage Gains

Many Americans experienced wage increases over the last several years; the national average was about 4.5% last year. Unfortunately, the progress in wages is all but canceled out by increasing inflation. According to the Bureau of Labor and Statistics, prices increased by an average of 7.9% over the last year.Therefore, while many Americans saw increases […]

The Top 7 Countries With the Best Tax Rates

Many people complain about taxes in the United States. The 37% tax rate on higher-income Americans can seem unfair, but it is not without merit. Still, how does the U.S. stack up against other countries? Is the federal government worse than or better than other territories?When examining the tax systems of other countries, seven systems […]

Russia’s Choices and International Consequences

In the waning days of February 2022, Russia declared war on Ukraine. Swift in its rebuke and response, the international community instituted financial sanctions, trade bans, airline bans, suspension of the Nord Stream 2 pipeline to Germany, and measures to isolate Russian banks.The actions against Russian act as motivators to evacuate Ukraine and avoid further […]