Money

AOC In Trouble With the Tax Collector?

AOC In Trouble With the Tax Collector?

(AmericanProsperity.com) - As a newly elected member of Congress in 2019, one of Rep. Alexandria Ocasio-Cortez’s (D-NY) first suggestions was to increase taxes on the rich by as much as 70%. She wanted this...
Groceries Soar, Energy Plummets

Groceries, Unemployment Soar, Energy Plummets

(AmericanProsperity.com) - As America's economy remained shut down in April due to non-essential business closures and stay-at-home orders, grocery prices broke records and energy took a beating. The US Bureau of Labor Statistics (BLS)...
What Economic Recovery Looks Like

What Economic Recovery Looks Like

(AmericanProsperity.com) - Once again, unemployment claims exceed expectations as America comes to grip with the reality that the country’s headed for a slow recovery. On Thursday morning, the Labor Department reported 3.17 million new...
Landlords Reject "Cancel the Rent"

Landlords Reject “Cancel the Rent”

(AmericanProsperity.com) - State-induced government shutdowns of the economy come with significant consequences. Across America, cancel the rent protests have erupted as some unemployed Americans struggle to pay their monthly rent. Over 30 million people...
Pelosi Pushes Illegals' Benefits

Pelosi Pushes Illegals’ Benefits

(AmericanProsperity.com) - In light of the COVID-19 pandemic, House Speaker Nancy Pelosi (D-CA) continues to push for legislation that could provide benefits to illegal immigrants. During a call on Thursday, Pelosi said that it's...
Dem Push Liberal Art Spending With Multi-Trillion Relief Package

Dem Push Liberal Art Spending With Multi-Trillion Relief Package

(AmericanProsperity.com) - On Monday, House Democrats began drafting a new Phase-5 coronavirus relief bill they say will be trillions of dollars. They also don't have bipartisanship in mind. Instead, this time, the Democrats plan...
ADP Payroll Drop Worst in History

ADP Payroll Drop Worst in History

(AmericanProsperity.com) - ADP Researched released its newest report on Wednesday, and it revealed private companies eliminated just over 20.2 million jobs in April. Companies were forced to let workers go when state governments implemented...
Treasury Borrows Trillions for Pandemic

Treasury Borrows Trillions for Pandemic

(AmericanProsperity.com) - On Monday, the Treasury Department said it’s going to borrow a record-breaking amount of money. During the second quarter, the government will borrow $3 trillion to pay for direct payments, business assistance,...
Realty on the Rise

Realty on the Rise

(AmericanProsperity.com) - Despite the COVID-19 pandemic and over 30 million people out of work, median home list prices have actually increased. They went up 1.6% annually for the week ending April 25, when compared...
Unemployment's Extreme Fail for Americans

Unemployment’s Extreme Fail for Americans

(AmericanProsperity.com) - Last week, over 3.8 million Americans filed for new unemployment claims. That's slightly higher than the 3.5 million economists predicted. Since states forced non-essential businesses to close and issued stay-at-home orders in...

Featured

What Tax Law Changes Should You Be Aware of for 2020?

What Tax Law Changes Should You Be Aware of for 2020?

(AmericanProsperity.com) - The 2019 tax season was a rude awakening for some after Congress passed sweeping tax reform legislation in 2017. The Tax Cuts...