Newsclips
The Fed Is Not Risk Markets’ Friend
April 8, 2022
Quantitative tightening will actively work against financial asset holders, creating a reverse wealth effect that destroys demand.
Quantitative tightening will actively work against financial asset holders, creating a reverse wealth effect that destroys demand.
Today's topics include how will the markets handle shrinking balance sheets?, calls for recession, sidestepping energy sanctions, Shanghai's lockdown, global food costs jump 13% in march, full-year earnings expectations, previewing Tuesday's CPI release, and Yellen talks CBDCs
A historical look at the highest and lowest tax brackets since 1913
How have the different forms of taxes funded the U.S. government throughout the years?
Those with an AGI under $100,000 account for roughly 16% of all income taxes collected in the U.S., while those with an AGI above $1 million account for roughly 29%.
The average taxpayer in the U.S. paid 14.10% on their adjusted gross income between 2001 and 2019.
Over one-third of U.S. citizens have no income tax liability.
A look at each state's income tax as well as sales tax rates
A comparison of taxes across the globe
Some interesting charts from our recent posts.
Jim Bianco: 81% of a 50 bps hike on May 4 (to 0.75% to 1.00%) 87% of a second 50 bps hike on June 15 (to 1.15% to 1.50%) 65% of a third 50 bps hike on July 27 (to 1.75% to 2.00%) If this happens, the Fed is not going to back to a… Continue reading Bespoke Commentary from Bianco Research & Arbor Data Science – April 7th, 2022