What Is Universal Basic Income & Could It Work in the...
Have you ever thought about what you'd do if you didn't have to work for a living? Maybe you'd take the opportunity to start that...
Loan Shark Prevention Act – What It Is and How It...
A 2018 study by Northwestern Mutual revealed some sobering statistics on consumer debt in America. It found that the average American has $38,000 in debt, and that...
What Is “Medicare for All” – Features, Costs, Pros & Cons
Congress is holding hearings about the proposed "Medicare for All" bill. And with all the conflicting opinions about Medicare for All, it’s only natural if you’re feeling a bit confused about it. Here’s what you need to know about this health care plan — what it actually involves, what it would cost, and how it could affect you.
Consumer Price Index (CPI) as a Measure of Inflation – How...
The Consumer Price Index, or CPI, increasingly affects Americans of all ages, incomes, and location. Yet few citizens understand how it's calculated, how it's...
United States Tax History – Federal Income Tax History in America
It's safe to say that few Americans find taxes fascinating. In fact, "frustrating," "nerve-wracking," and "bewildering" might be more commonly applied terms when describing...
What Is the European Union and Why Does It Matter to...
On June 23, 2016, voters in the United Kingdom elected to terminate their country's membership in the European Union in a referendum known colloquially...
Labor Unions in the United States – How They Work, Pros...
When you read news stories about the middle class in America, you often see terms such as "squeezed" or "declining." As a 2017 study...
Fake News? 8 Ways to Determine If a News Story Is...
During a 2017 interview on the Christian Trinity Broadcasting Network, President Donald Trump claimed his use of the word "fake" to describe the media was...
What Is Money Laundering (Explained) – Examples, Schemes & Regulations
Paul Manafort, former campaign manager for U.S. President Donald Trump and veteran political wheeler-dealer, pleaded not guilty on October 30, 2017, to about a...
What Is a Living Wage? – Minimum Income for Basic Needs...
For several years, lawmakers on the left have been pushing to increase the federal minimum wage. They claim that the current rate, $7.25 an...
Will the U.S. Adopt the Value-Added Tax (VAT)? Roadblocks, Pros &...
Many Americans do not understand how an American VAT might affect them, or its possible economic consequences on GDP and the national debt. Congress is...
How to Improve the U.S. Federal Tax System to Ensure Fairness
"Congress, Congress! Don't tax me, tax that fellow behind the tree." This 1930s ditty reflects the sentiments of most Americans today as Congress once...
