Keyword: dividend
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30 Seconds in.You Will Get it. Here is a concise bullet-point summary of the speech in the video:Trump says the United States has developed a “new and powerful relationship” with Venezuela.He claims the U.S. has secured 65 billion barrels of Venezuelan oil, which he describes as the largest oil deal in history and “500 years’ worth” of oil.He says the oil arrangement was obtained as a result of “an attack,” without explaining further in this clip.He pledges that, if Republicans win both the House and Senate in the midterm elections, every adult American would receive a $5,000 “Trump Dividend.”He argues...
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President Trump had a good idea this week. Send every adult American a $5,000 dividend. My response? Do it. And before Washington starts explaining why it can't, I'd like everybody to grab a calculator. At the Republican convention in Dallas, President Trump talked about $21 trillion in tariff-driven revenue. Now I'm not interested in litigating that number here. I'm not interested in another 900-word argument about tariffs either. For purposes of this conversation, I'm taking the President at his word. Twenty-one trillion dollars. Okay. Now let's do the math. There are roughly 240 million adult citizens in America. Five thousand...
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Florida Gov. Ron DeSantis (R) on Thursday criticized President Trump's controversial proposal to pay out $5,000 checks to every U.S. adult if Republicans win the midterms. "What I would say is, if you are getting surplus revenue, you should cut people's tax and return it to the people," DeSantis said during a press conference in Miami on Thursday. "What I don't think you want to do is borrow another trillion-and-a-half dollars and then just try to flood that into the economy, because that will lead to more inflation," DeSantis continued. "That will lead to more debt and more inflation."
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President Donald Trump is promising a $5,000 payment to every adult American citizen if Republicans retain control of both chambers of Congress in November. The proposal could cost roughly $1.2 trillion, require congressional approval and inject a massive new variable into the outlook for inflation, interest rates and federal borrowing. Trump Ties $5,000 Payments to the Midterm ElectionsTrump unveiled what he called the “Trump Dividend” during the Republican Party’s midterm convention in Dallas on Wednesday night.“Here is my promise: if the Republicans win the House of Representatives and the United States Senate, both of them… because of our tremendous strength...
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President Donald Trump used the Republican Party’s first midterm convention to justify the Iran war rather than trying to put it behind him, as escalating violence and spiking oil prices loomed over the elaborate Trump-centered showcase in Dallas. In a speech billed as an opening argument for the peak campaign season, he defended his record and encouraged supporters to vote as if he were on the ballot. He also debuted a new enticement, promising to reward Republican congressional majorities by giving every American a $5,000 dividend to spend within the country.
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President Trump pledged a $5,000 payout to U.S. adults on Wednesday, but only if Republicans hold onto their majority in Congress come November. “Here is my promise: if the Republicans win the House of Representatives and the United States Senate, both of them … because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000,” he said at the GOP’s midterm convention in Dallas, Texas. The legality of this disbursal is unclear. There are about 270 million adults in the U.S. Trump told attendees Wednesday that...
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President Donald Trump announced on Sunday that he will give a $2,000 check to every American, which will come from the tariff revenue collected by the administration. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone” Trump wrote on Truth Social, adding that those against tariffs are “fools.” While this proposal would likely need to be passed by Congress, it resembles legislation introduced this summer by Republican Sen. Josh Hawley’s (R-Mo.) this summer, to give $600 tariff rebates to nearly all Americans and their dependent children. “My legislation would allow hardworking...
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The proposal for a “DOGE dividend,” which would distribute 20% of government savings to taxpayers, has gained support from President Trump and Elon Musk — and now it could potentially be enshrined in law, The Post has learned. The 28-year-old hedge fund manager behind the idea, James Fishback, told The Post he met with Elon Musk last week and began meeting with lawmakers about his idea earlier this week. “The president supports this and Elon likes the idea of incentivizing people to report waste, fraud, and abuse,” Fishback told me. “The proposed bill will be coming in the next few...
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On Tuesday, Elon Musk responded to a proposal from James Fishback, CEO of Azoria, regarding a unique idea: the “DOGE Dividend.” This initiative aims to issue a $5,000 tax refund check to approximately 79 million American families, funded by a projected total savings of $2 trillion from DOGE. Fishback emphasizes that this dividend would not only compensate taxpayers for the misuse of their dollars but also help restore trust in government accountability.Fishback’s argument is compelling: the DOGE Dividend represents a social contract between taxpayers and their government, a much-needed refund given the egregious waste uncovered. As Fishback puts it, “It's...
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Musk replied, curious, but said that he 'will check with the President.' Fishback added: 'American taxpayers deserve a 'DOGE Dividend': 20% the money that DOGE saves should be sent back to hard-working Americans as a tax refund check.' 'It was their money in the first place! At $2 trillion in DOGE savings and 78 million tax-paying households, this is a $5,000 refund per household, with the remaining used to pay down the national debt. Elon Musk, let's do this! This is how we rebuild trust in our government.'
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I see The Lord picking up a gem and brushing it off then he breathes into it and it comes alive as he laughs and smiles so many colors of light shine forth from it in all directions . He holds it up high and then let's go of it as it rises out of his hand pulsating with delightful colors of the rainbow . I hear him saying " Rise up oh well , Rise up even higher for The Voice of many waters is calling to you for His Glory ! And this Gem is you . Revelation...
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LONDON (Reuters) - Royal Dutch Shell RDSa. cut its dividend for the first time since World War Two on Thursday in a drastic step to preserve cash as it prepares for a protracted slump in demand for oil because of the coronavirus pandemic. The Anglo-Dutch energy company also suspended share buybacks and said it would reduce oil and gas output by about a quarter after its net profit almost halved in the first three months of 2020 to $2.9 billion. The new measures combined with cuts in capital spending and planned cost reductions announced last month could save Shell almost...
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Democratic presidential candidate Andrew Yang said Tuesday that he’d like to sit down with Rep. Alexandria Ocasio-Cortez, D-N.Y., to explain the Freedom Dividend, the universal basic income proposal that’s the cornerstone of his campaign for the White House. "I haven’t sat down with Alexandria. It could just be politics. I’m very optimistic that if she understood the Freedom Dividend, she’d be excited about it," Yang told Fox News after a campaign event at Colby-Sawyer College in New London, N.H. "She’s demonstrated openness to universal basic income in the past and I think she’ll be very excited when she sees what...
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Are you tempted by nice dividends such as BP’s 7.53 percent and Shell’s 7.31 percent? Long-term investors are. They’re lapping up the oil majors on dips to cash in on their impressive dividend yields in hopes that the massive rally in crude oil from the lows of $27.10 per barrel is an indication that crude has bottomed out and higher prices are around the corner. The large investors are pursuing the oil majors for their stability and safety, which has boosted their prices, but even after the rise, prices remain below their 2015 highs. The oil majors are expected to...
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Investing in the energy industry right now can be scary. On the one hand, oil prices have been extremely volatile and look likely to stay that way. On the other hand, while clean energy, especially wind power, is growing rapidly, valuations are astronomical and, for income-focused investors there are few good options. With that in mind, investors looking for income in energy have little choice but to turn to the safest conventional energy play available; oil majors. Companies like ExxonMobil and Royal Dutch Shell have been around for decades, so regardless of what happens to oil prices, these firms have...
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General Motors announced disappointing earnings results today and issued a warning that first quarter results will underwhelm as well. The reasons behind the earnings' miss are surely going to be explained away by pundits and proponents of the company still known as Government Motors to many. Sorting through the smoke and mirrors can lead to some important and simple explanations as to what is going on at GM. Before looking at the reasons why GM has drastically underperformed the broader markets since the Obama-orchestrated bankruptcy process of 2009, let's take a look at one of the most critical takeaways from...
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<p>General Motors Co posted a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed.</p>
<p>Net income rose to $913 million, or 57 cents a share, from $892 million, or 54 cents a share, in the year-earlier quarter.</p>
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The internet was ablaze Tuesday evening with stories presenting a perceived positive move by General Motors' outgoing government-appointed management. All hail! "General Motors to pay first dividend since 2008," trumpeted the headlines. GM shares immediately spiked up in after-hours trading with shares rising about $1.60 or 4% on the news. Unfortunately for those duped by the proclamation, GM followed the story hours later with a profit warning. For the time being, the bad news outweighed the good with GM shares reversing course and ending the day Wednesday with a loss of over one and a half percent on a day...
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SNIP SNIP Capital gains taxes will also revert to Clinton-era levels, rising from 15% to 20%, with a 3.8% Obamacare surcharge to be tacked on top. That's also a meaningful increase, but not a life- or behavior-changing one. And the 23.8% rate will also still be historically low. Much less noted--and much more meaningful for many high-earning Americans--is the scheduled increase in dividend taxes. Thanks to Obamacare, dividend taxes will already have the extra 3.8% surcharge tacked on top of them regardless of what happens with the Fiscal Cliff deal. More importantly, dividend taxes for the highest earning Americans are...
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Item One: Obama-friendly retailer issues special dividend to avoid Obama tax increase... Late last week, Sinegal and the rest of the Costco Board of Directors voted to pay shareholders a special $7 per share dividend to avoid higher dividend taxes that are scheduled to go into effect on January 1, 2013. As the Wall Street Journal notes... That’s a $3 billion Christmas gift for shareholders that will let them be taxed at the current dividend rate of 15%, rather than next year’s rate of up to 43.4% — an increase to 39.6% as the Bush-era rates expire plus another 3.8%...
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