I am always shocked when I see these stats. It is estimated that about 44% of American households will not pay federal tax on their 2018 returns, and that is equivalent to about 76 million Americans. About 43.2% of Americans did not pay any taxes on their 2017 returns, so fewer Americans will pay taxes this year as estimated by the Tax Policy Center and IRS data. Now this is not because anyone is breaking the law or anything, but it because the tax code is set up to give …
The job market continues to boom. As we have been writing about for a couple years now, the economy is on fire. In fact, as of December 2018, there are 1.2 jobs available for each unemployed person in the US according to the JOLTS report which was released yesterday. Incredible! This means if you don’t have a job, there are literally 1.2 positions available and waiting for you. A total of 7.3 million jobs are available in this country, in all sorts of industries…manufacturing, travel, social services, health care, professional …
As the readers of this blog know, I have mentioned my background quite a bit. I have also written multiple times about poverty, in particular single moms. There are also posts about how tragically kids “suffer” for poor decisions their parents make, whether having babies when single, too many kids, etc. What is interesting is that data shows that people are having less kids (if any) and the average age of birth continues to get later in later, in particular in urban and suburban parts of the country. My dad …