Posts

What Tax Cut Exactly, and For Who?

by Dwight Jeffress, Updated Jul 1, 2019 I had posted this on FB a while back, but then I took it down because my conscience was getting to me. So, I will post it here. Read at your own risk. This new tax bill when it was passed into law was a bit of an anomaly and it took specialists in the filed a while to determine what effects it would have. Repost from Facebook that was taken down: " To be honest... my return this year was at least half of what it was last year. Partly because from and I quote from my accountant "the new tax law took away the exemption allowance for each family member". Taxable income at least doubled from 2017 which put me in a higher taxable income, my monthly gains in paying a "less" federal tax per month over 2018, negligible... amounted to roughly less than $8 a week... I was told by my accountant and I have read numerous articles where there are taxpayers far worse off than I am, who were hit with shocking resul...
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A Glossary: Definition of Terms

by Dwight Jeffress, Updated Jul 1, 2019 Below is a list of terms commonly used when one discusses economics.  The bulk of this material is not mine.  This list may expand over time, as I delve into more complex subjects.  The launching of this blog will begin in a simplified manner, but then will grow in complexity and depth as I learn and share more detailed subject matter. It is important that the reader understand these terms as I post my blogs.  I will seek as one of my greatest goals is to disassemble and destroy the common misconceptions of the words associated with these terms.  Many a political leader, various pundits, as well as talking heads, seek to use these terms as by-words for their agendas.  I will seek to inform and educate.  It is my additional hope that the reader becomes familiarized with common words and their true meanings as one understands them. Under each of these definitions, I wil...
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Introduction to Ekonomyz

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by Dwight Jeffress, Updated Jul 1, 2019 Welcome readers to "Ekonomyz" (Economies), a blog on Economics, my take, my interpretation, my opinions, and my observations of economic history and the economies of today. Now, as my readers, I seek to be honest with you from the beginning.  I am not an economist.  I only took Microeconomics and Macroeconomics at university and some introductory classes in business administration.  So, I want you to understand, I do not claim to be an "expert" in economics.  I don't claim to understand every facet.  I am not sought by major media outlets to appear as a talking head giving my "expert opinion" on current economic matters.  I am a mere novice.  A simple child among masters and giants.  I hope to pull back that large cover the book historical economics and explore all of its terms, its debates, its foundational attributes as well as its various factions.  Rest assured I am no Thomas P...
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