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Goldman Sachs says disposable income will likely grow this year, even amid the widespread coronavirus shutdown

Goldman said that while income losses are likely to be large, the government stepped in with a stim…

Matthew Fox   


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1 min read

Goldman Sachs upgrades Q1 2021 GDP forecast to 5% after $900 billion stimulus bill passed

Goldman had expected a $700 billion stimulus bill that didn't include a second round of stimulus ch…

Matthew Fox   


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3 mins read

GOLDMAN: The Disparity Between High- And Low-Income Households Is The Worst We've Seen

"In our view, one of the reasons why high income consumers are likely less affected by the 2013 tax…

Matthew Boesler   


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1 min read

The Global Inequality Calamity Is Slamming Young People Harder Than Old People

The OECD is out with a new report on rising income inequality. The key finding that stands out, is …

Mamta Badkar   


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Cut corporate tax rate to 15 pc; provide more disposable income: CII to govt on Budget

New Delhi, Dec 6 () Industry chamber CII on Friday suggested that the government should reduce pers…

PTI   


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7 mins read

Kansas' experiment with tax cutting failed spectacularly - on its own terms

In the five non-recession years prior to the tax cuts, job growth in Kansas averaged about 1.2% ann…

Michael Linden   


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1 min read

Food Has Never Been More Affordable

"With a three-fold increase in productivity since 1950 for growing wheat, four-fold productivity in…

Steven Perlberg   


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2 mins read

Too Much Debt And Too Little Savings Continue To Be The Major Problems

In the last two years, between the 1st quarter of 2011 and the first quarter of 2013, real consumer…

Comstock Partners   


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Tax cuts, extension of PLI scheme will benefit consumer durables industry

Increase in customs duty on certain inputs may increase India production. Any additional levy …

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2 mins read

New income tax regime big disincentive to investment: Analysts

Mumbai, Feb 1 () Tax experts and analysts on Saturday said the optionality clause in the new income…

PTI   


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5 mins read

GDP RISES ONLY 2.5%, MISSES WALL STREET'S EXPECTATIONS

BEA plans to release the results of the 14th comprehensive (or benchmark) revision of the national …

Matthew Boesler   


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Despite All Of The Stimulus, The Economy Is Still Slogging

Furthermore, an unusually high proportion of new jobs were part-time and in lower paying segments s…

Comstock Partners   


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And Now The US Economy Looks Ready To Slow Down

To be fair, March retail sales data were impacted by temporary factors such as adverse weather cond…

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New tax regime may not be necessarily beneficial for all taxpayers: Experts

The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be …

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Everything You 'Know' About Obesity Is Wrong

We often hear that advances in technology, and computers in particular, have contributed to more se…

Katie Jennings   


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Goldman's Jan Hatzius Answers The 10 Most Important Questions For 2013

But we do not expect the impact to be as bad as suggested by Exhibit 1. We recently estimated the e…