David Lidsky's Blog, page 255
January 17, 2025
Gen Zers have some wild misconceptions about filing taxes
Survey data shows confusion about basic tax rules across multiple generations—not just Gen Z.
The United States’s tax system is notoriously difficult to try and figure out, which is why there’s a slew of AI-powered options hitting the market to help taxpayers navigate it all. Even so, new data reveals just how confused some taxpayers are about what they can and can’t do to try and reduce their tax liabilities—and for younger Americans, some of the data is a bit alarming.
Trump bump for small-cap stocks are fading amid rising rates
Trump is expected to back an agenda promoting domestic economic growth, increasing the appeal of small-cap stocks.
As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican’s policies has been stumbling.
Trump bump for small-cap stocks are fading amid rising rates
Trump is expected to back an agenda promoting domestic economic growth, increasing the appeal of small-cap stocks.
As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican’s policies has been stumbling.
How 2 CareerTok creators are preparing for the TikTok ban
Influencers Hanna Goefft and Courtney Johnson share what the platform has meant to them and how they’ll keep providing career advice.
As a nationwide TikTok shutdown looms, more than 100,000 full-time TikTok content creators are scrambling to figure out the best way to reconcile their primary source of income.
How 2 CareerTok creators are preparing for the TikTok ban
Influencers Hanna Goefft and Courtney Johnson share what the platform has meant to them and how they’ll keep providing career advice.
As a nationwide TikTok shutdown looms, more than 100,000 full-time TikTok content creators are scrambling to figure out the best way to reconcile their primary source of income.
Biden says Equal Rights Amendment has passed. What happens next isn’t clear
ERA supporters say that it’s needed to protect against sexual discrimination and would help achieve equal pay.
President Joe Biden called the Equal Rights Amendment (ERA) “the law of the land,” on Friday, backing an effort to enshrine the change into the U.S. Constitution more than a century after the guarantee of gender equality was first proposed.
Biden says Equal Rights Amendment has passed. What happens next isn’t clear
ERA supporters say that it’s needed to protect against sexual discrimination and would help achieve equal pay.
President Joe Biden called the Equal Rights Amendment (ERA) “the law of the land,” on Friday, backing an effort to enshrine the change into the U.S. Constitution more than a century after the guarantee of gender equality was first proposed.
Here’s who is planning to skip Trump’s inauguration next week
Pelosi, who led impeachments against Trump, and Obama, who has largely stayed out of politics, are both forgoing the inauguration ceremony.
The inauguration of president-elect Donald Trump will take place on Monday, January 20 at 12 p.m. EST. But the number of public servants who say they’re staying home is growing as the event nears.
Here’s who is planning to skip Trump’s inauguration next week
Pelosi, who led impeachments against Trump, and Obama, who has largely stayed out of politics, are both forgoing the inauguration ceremony.
The inauguration of president-elect Donald Trump will take place on Monday, January 20 at 12 p.m. EST. But the number of public servants who say they’re staying home is growing as the event nears.
Labor Department fines more slaughterhouses for child labor
The Labor Department said that QSI employed children on overnight shifts at 13 meat processing plants.
The problem of kids working in dangerous slaughterhouses continues to be a concern as the Labor Department announced its third agreement this week with a company in the industry agreeing to pay a penalty and reform its practices to help ensure it won’t hire underage workers again.
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