The war in Iran has airline executives practically tripping over themselves.
Don’t take it from us. Just listen to what they’re saying.
Filing taxes should be easy & 100% free. And for a little while, it was through a program called Direct File.
But of course, Trump killed it.
Because why give the American taxpayer something for free when his buddies are getting really rich by charging you for it?
Annual Tax Day reminder that Trump killed Direct File and now taxpayers have no choice but to shell out millions a year to TurboTax ✌️
Here’s a secret that TurboTax doesn’t want you to know: filing your taxes every year could be 100% free. But Trump is too cozy with Big Tax companies.
They lobbied so Americans would have to spend time & money to file their taxes - and to no one’s surprise – Trump caved.
Instead of waging a war on inflation, Trump is prioritizing his war on Iran that will only make things worse.
Credit card delinquencies are ⬆️. Savings rates are ⬇️. Wages are stagnated.
"If you pile on to that, I think you go from warning signs to major flashing alarm
.@NYCMayor’s plan to raise taxes on millionaires just makes sense.
“It’s really clear that a modest tax increase on millionaires is just vastly preferable to the alternative, draconian budget cuts that are going to hit families hard,” said @owenslindsay1.
.@AlexSJacquez: Trump’s tariffs and war with Iran are fueling higher prices across the economy. While the wealthiest Americans keep spending, working families are forced to cut back as gas, groceries, and housing get more expensive.
There are winners and losers this tax season.
Unless you’re a billionaire, corporation, or TurboTax - you’re the loser.
Consumer hassles = time + money.
Each year, hours spent on hold with customer service and extra fees and paperwork cost U.S. families at least $165 billion in wasted time & money, estimate SIEPR's @nealemahoney and @ChadMaisel of @Groundwork. They call it “The Annoyance
NYT piece:
Playbook: https://groundworkcollaborative.org/work/taking-on-the-annoyance-economy/
Huge thanks to @Groundwork for their support 🙏
Thanks to @loracorkelley for writing up @ChadMaisel and my work on the Annoyance Economy in today's NYT. A few links below
Do I have the report for you
It’s not just Delta: airlines across the board are celebrating record-breaking profits as they hike up fares and extra junk fees, passing on oil price increases and then some to travelers.
Don’t just take it from us; they’ve been bragging about it.
New inflation data out today is the first full snapshot since the onset of Trump’s war with Iran.
The numbers tell the story: prices overall have surged 3.3% compared to last March - prices overall are up ~1% - compared to Feb. of this year.
More bad news: Even with a 2-week
NEW: Consumer sentiment just hit an all-time low – worse than anything seen since tracking began in the 1960s.
Consumers haven’t felt this bad about the economy – ever.