Politics
FactCheck: Trump Likely Benefits from Tax Bills
Estate tax. The clearest benefit for the Trump family would be the tax bills' changes to the estate tax, which falls on estates worth more than $5.49 million (nearly $11 million for a couple). The House bill would repeal the estate tax entirely in 2024. As we’ve written before, that would save Trump’s estate $564 million, according to a Bloomberg estimate, based on a net worth of $3 billion. Trump has said his net worth is $10 billion, and if so, the savings to his estate from a repeal of the tax would be $1.9 billion. more »
How Far Have We've Come? Janet Yellen, Her Resignation and the Current Economic Outlook
Janet Yellen before the Joint Economic Committee, US Congress "With the job gains this year, 17 million more Americans are employed now than eight years ago. Meanwhile, the unemployment rate, which stood at 4.1 percent in October, has fallen 0.6 percentage point since the turn of the year and is nearly 6 percentage points below its peak in 2010. In addition, the labor force participation rate has changed little, on net, in recent years, which is another indication of improving conditions in the labor market, given the downward pressure on the participation rate associated with an aging population." more »
Artifacts Meet Activists: Back to Houston For the 40th Anniversary of the 1977 IWY Conference
Jo Freeman writes: Forty years ago over 20,000 people gathered in Houston, Texas to celebrate International Women's Year (IWY) and identify goals for women for the next decade. On November 6 and 7, 2017, a few hundred people gathered at the University of Houston to celebrate the 40th anniversary of that conference. It was not sponsored by the federal government, though some would argue that today's federal government made it necessary. Speakers discussed what happened in 1977, what didn't happen, what should have happened, and what it all meant. more »
About A Third Of Americans Unaware Of Obamacare Open Enrollment
In the previous open-enrollment season, 12.2 million people nationwide selected individual market plans through the marketplaces. The number dropped off during the year because not everyone paid and some found coverage elsewhere. Forty-five percent of all respondents to the KFF survey and 52 percent who said they were uninsured said they have heard less about open enrollment this year compared to previous years. Insurers are trying to pick up some of the challenges of publicizing enrollment, and some of those ads are getting noticed. more »