Keating’s CyberColumn

May 19th, 2016 by

by Raymond J. Keating- When it comes to its income tax, Tennessee has been an odd state. The big plusses have been that there is no general individual income tax, such as on wages and salaries, and there is no individual capital gains tax. However, the state does impose a tax on interest and dividends […]

May 12th, 2016 by

by Raymond J. Keating- Hey, who needs a bit of good news? A new Gallup survey shows that Americans still love small business, and are not too fond of socialism. Gallup asked Americans is if they had a positive or negative image of various terms relating to the economy. Thankfully, the top three positives were […]

April 16th, 2016 by

by Raymond J. Keating- On April 14, I testified before the House Financial Services Committee, Subcommittee on Capital Markets and Government Sponsored Enterprises on the topic of “The JOBS Act at Four: Examining Its Impact and Proposals to Further Enhance Capital Formation.” The focus of the hearing was to not only review what’s happened with […]

April 1st, 2016 by

                        by Raymond J. Keating- There are plenty of numbers on the economy to be concerned about early in 2016, but the jobs story, at least so far, is not one of them. The Bureau of Labor Statistics released the March 2016 employment data […]

March 22nd, 2016 by

by Raymond J. Keating- So, what ails the good old U.S. of A.? According to a recent Gallup poll, Americans point to the economy and government. When asked what’s the most important problem facing America today (leaving it as an open-ended question), 28 percent identified the economy or jobs (17 percent said the economy in […]

March 16th, 2016 by

by Raymond J. Keating, Chief Economist- Let’s hope the service sector of our economy is chugging along because based on the latest data, consumers and the industrial sector aren’t looking so hot. On March 15, the Census Bureau released its latest numbers on retail sales, and they declined by 0.1 percent in February, which followed […]

March 9th, 2016 by

Why it Matters to Small Business by Raymond J. Keating- At first, it seems like a development that only an economist could get excited about, that is, the U.S. Bureau of Economic Analysis is now publishing quarterly GDP by state data. But in reality, this offers more valuable information for small business owners in terms […]

March 2nd, 2016 by

by Raymond J. Keating- Super Tuesday has come and gone. On the Republicans side, Donald Trump took seven of 11 states on March 1, with Senator Ted Cruz winning three, and Senator Marco Rubio grabbing one. As for the Democrats, Hillary Clinton took seven of 11 states, and Senator Bernie Sanders grabbed four. There’s still […]

February 26th, 2016 by

by Raymond J. Keating- On February 26, the U.S. Bureau of Economic Analysis released its second take on fourth quarter 2015 GDP growth. It turns out that real GDP did not grow at a mere 0.7 percent in the fourth quarter, but according to this latest estimate, it expanded at 1.0 percent. The proper response? […]

February 14th, 2016 by

by Raymond J. Keating- Tax reform is a big issue on the presidential campaign trail. It’s been touched upon in the debates, with some candidates offering specific plans to overhaul the system, and others focusing more on tax increases to pay for spending programs. Each of the remaining GOP candidates are proposing tax reform plans […]

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