In what may be the final nail in President Trump's tax reform proposal, months after the White House proposed ending a tax break for people in high-tax states - which would suggest Trump had more than enough time familiarize himself with how it all works - Trump reportedly "grew angry" when he learned that the change would hurt some middle-income taxpayers, Bloomberg reports citing people familiar with his thinking.
Authored by Kevin Muir via The Macro Tourist,
Although US stock markets are getting all the attention, Japan is quietly knocking up against 20-year highs.
As Facebook COO Sherly Sandberg completes her desperate DC walk of shame in an attempt to appease Mark Warner and the rest of the Facebook-scapegoaters, she gave Axios an interview to explain (strawman) what the biggest social media platform in the world will do about the Russian menace that has Made America Divided Again (allegedly)...
Sandberg said she had "very productive" meetings yesterday with congressional leaders investigating Russian efforts to use social media to meddle with the 2016 U.S. presidential election.
Great news America - your standard of living just dropped little more as producer prices rose by 2.6% YoY in September, the fastest rate of increase since Feb 2012 - driven by a surge in energy prices.
Some highlights:
Authored by Eric Zuesse via The Strategic Culture Foundation,