How Kamala Tax Plan will impact the economy
1. If a company makes 100 MM preTax, it now pays 21MM in tax, so it will make 79MM after tax. With the tax increase to 28% it will now make 72MM after tax.
72/79 = 91%. So earnings will go down by 9%. At an even PE, this means stocks…
People need to stop overreacting about Kamala’s plan to reduce food inflation, as if it would lead to communism, mass starvation, and the end of America.
I worked in M&A in the food industry. Here’s a step-by-step summary of what would actually happen:
1. The government…
SICK:
This is a pregnant mother and even her infant daughter being attacked by a gang of thugs in Brooklyn
This is what a world without police looks like in Democrats’ America.
Enough is enough.
RT!
We cannot tolerate or turn a blind eye to racism and exclusion in any form. At the same time, we have to recognize that violence is self-destructive and self-defeating. Nothing is gained by violence and so much is lost. Let us pray for reconciliation and peace.
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