Americans Divided on Tax System

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis

On Friday, April 25, the S&P 500 closed @ 1863, and that was...
  
   +6.2% ABOVE its 12-Month moving average which stood @ 1755.
   +4.8% ABOVE its 40-Week moving average which stood @ 1778.
   +0.5% ABOVE its 10-Week moving average which stood @ 1855.


Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.

Increasing Tax Rates Does Not Necessarily Lead to Higher Income Tax Receipts

Tax cuts can create incentives for individuals to work, save, and invest, which can generate more revenue.

The most dramatic decline in the top individual income tax rate, from 70 percent to 28 percent, occurred during the Reagan Administration, during which tax receipts remained relatively constant as a share of the economy.

PERCENTAGE OF GDP

Bearish Omen: Investors Intelligence Bull/Bear Ratio Has Never Been Higher...

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis

On Friday, April 18, the S&P 500 closed @ 1865, and that was...
  
   +6.3% ABOVE its 12-Month moving average which stood @ 1755.
   +5.1% ABOVE its 40-Week moving average which stood @ 1774.
   +0.7% ABOVE its 10-Week moving average which stood @ 1852.


Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.

Salvation

Wasn't ObamaCare Supposed to Reign In Health Care Spending?

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis

On Friday, April 11, the S&P 500 closed @ 1816, and that was...
  
   +3.8% ABOVE its 12-Month moving average which stood @ 1749.
   +2.4% ABOVE its 40-Week moving average which stood @ 1773.
   -1.8% BELOW its 10-Week moving average which stood @ 1849.


Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.

Economic Growth & U.S. Per Capital GDP

ObamaCare's Middle Class Cliff

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis

On Friday, April 4, the S&P 500 closed @ 1865, and that was...
  
   +6.3% ABOVE its 12-Month moving average which stood @ 1755.
   +5.7% ABOVE its 40-Week moving average which stood @ 1765.
   +1.3% ABOVE its 10-Week moving average which stood @ 1842.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL
and the LONG-Term trend is UP.

Unconstitutional Entitlement, Welfare & Other Transfer Payments To Top 70% of Federal Spending...

25 Million Small Businesses in U.S. Employ Fewer than 10 Employees

In 2007, the last year for which we have data, according to the Census Bureau, there were 21.7 million businesses in the United States with no employees—meaning they were sole proprietorships, or free-lance businesses employing only their owner. 


Of the 6 million remaining businesses in the U.S., more than 3 million had 1 to 4 employees, and 1 million had 5 to 9.

So, all in all, small businesses run by 1 person employing fewer than 10 numbered an astonishing 25 million.