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Donald Trump tax cut: Huge, vague and likely mild boost for economy

in 2017/Top Headlines by

President Donald Trump‘s team boasted Wednesday that its tax-cut plan would lighten Americans’ financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details, including how it would be paid for. And based on the few specifics spelled out so far, most experts suggest that it would add little to growth while swelling the budget deficit and potentially handing large windfalls to wealthier taxpayers. Trump’s plan would replace the current seven…

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Hillary Clinton, Donald Trump battle fiercely over taxes, race, terror

in 2017/Top Headlines by

In a combative opening debate, Hillary Clinton emphatically denounced Donald Trump Monday night for keeping his personal tax returns and business dealings secret from voters and peddling a “racist lie” about President Barack Obama. Businessman Trump repeatedly cast Clinton as a “typical politician” as he sought to capitalize on Americans’ frustration with Washington. Locked in an exceedingly close White House race, the presidential rivals tangled for 90-minutes over their vastly different visions for the nation’s future. Clinton called for lowering…

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Florida consumer sentiment up in July, reversing a three-month slide

in Statewide/Top Headlines by

Consumer sentiment among Floridians increased in July to 93.7, according to the latest University of Florida consumer survey. This reading is four points higher than June’s revised figure of 89.7, turning upward after three straight months of declines and marking the second-highest reading over the past year. Of the five components that make up the index, four increased and one decreased. Perception of one’s personal financial situation now compared with a year ago increased three points, from 83.5 to 86.5.…

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