Doesn’t seem so bad does it?
If you have 5k cash position in your ISA right now.
4% interest £200.
Taxed at 22%
Left with £156.
You may not care or see the problem today.
But then it will be tax on the gains, then reduce the yearly deposit amount.
Death by a thousand scratches.
No wealth boosting invectives for the common man in this country. Joke
SUMMARY OF FED CHAIR WARSH'S STATEMENT:
1. Shorter Fed policy statement is intended to "give you the facts"
2. Forward guidance in Fed statement "not well-suited" to current policy state
3. Establishes new "independent task forces" in 5 key areas
4. Task forces will propose next steps including changes to the Summary of Economic Projections
5. The Fed will be maintaining its 2% inflation objective
6. Fed policy appears to be restrictive for housing, but not financial markets
A new era of Fed policy is ahead of us.
You’re Ronaldo. You’re coming into your last-ever World Cup at 40, hoping to finally win it, and then your biggest rival scores a hat-trick before you’ve even kicked a ball. It takes insane mental fortitude not to pack your bags and go home. 😭😭😭
HEGSETH: “The document says Iran will never have a nuclear weapon.”
BRENNAN: “(Obama’s Iran Deal) said that too.” 🎯
HEGSETH: “The difference is we did this from a position of strength.” 🤡
(TRANSLATION: this was an unnecessary, costly war that accomplished nothing)