One of the most iconic American brands is shifting a portion of its U.S. operations overseas. Last week, the European Union (EU) hiked its motorcycle tariffs from six percent to 31 percent as part of retaliation to President Donald Trump’s 25 percent tax on steel and 10 percent levy on aluminum. This would make it […]
Archives for June 2018
Week in Review: June 18 to June 24
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Pave for Pizza: Domino’s to repair America’s roads – one town at a time Colorado’s Taxpayer Bill of Rights (TABOR) Should Be a Role Model for the Nation […]
Random Friday: Millennials relying on parents, immigration, New York subways
News Story of the Day: back in the day, as soon as you turned 18, you were out the door, ready to take on the world all by yourself (heck, kids would finish the eighth grade, go to business school, and start working!). Today, that’s not necessarily the case anymore – whining and protesting are the […]
Russia raises retirement age amid World Cup
If you dare propose raising the retirement age in North America to access your government pension, then you will get the Paul Ryan treatment – during the 2012 election, the Democrats portrayed Ryan pushing an old lady off a cliff. Yikes! But it seems other nations are adopting some common sense to protect these retirement […]
BREAKING: Supreme Court rules states can collect Internet sales taxes
It’s time for another tax grab by the government. On Thursday, the U.S. Supreme Court ruled that states have the authority to mandate online retailers to collect sales taxes, which could potentially be billions of dollars worth of revenues for cash-strapped governments. In a 5-4 ruling, justices overturned a 1992 ruling that prevented states from […]