Will this supply chain shortage turn into a glut? Schwab’s Jeffrey Kleintop looks at the recent history of supply shortages and gluts and shares a forecast for the markets in 2022. Your tax bill may soon change significantly. You can anticipate how the tax changes in the Build Back Better plan may affect you, as Rocky Mengle reports for Kiplinger. Some states are more tax-friendly to retirees than others. Kiplinger offers a map that allows you to compare your state’s tax laws to others.
Will Shortages Lead To Gluts? — After a year of supply shortages, the global economy may be closer to the end of the supply chain problems than the beginning. History shows us that shortages often lead to gluts. Should a supply glut emerge in 2022, it may lead to a fall in inflation as excess inventory prompts price cuts. Read more…
How The Latest Biden Tax Plan Could Affect You — The president’s Build Back Better plan calls for nearly $2 trillion in spending on a wide variety of social programs that would impact childcare, health care, higher education, climate change, and more. And, as expected, the proposal contains a number of tax law changes on both the spending and revenue side. Kiplinger details how these changes may raise or lower your taxes. Read more…
State-By-State Guide To Taxes On Retirees — How tax-friendly is your state to retirees? Kiplinger offers a map that allows you to compare the taxes on retirees in five states at a time. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller