Results 1 to 4 of 4
#1 Low-income consumers hit hardest by tax increases02-24-2013, 11:41 PM
Why is Wal-Mart worried? Payroll tax could cut consumer spending. (+video)
Recent reports forecast lower spending for this year, anticipating that the restored payroll tax will impact consumers' wallets, especially low-income earners. Wal-Mart is adjusting its strategy.
Retailers are preparing for a triple whammy as the restoration of the payroll tax, surging gas prices, and stagnant employment and wages take a bite out of consumersí disposable income, leaving them with less cash to spend on clothing, groceries, and eating out.
As a result, more than three years after the recession officially ended, American consumers might be preparing to downshift again >>> with low-income consumers hit the hardest.
The recession ended? 3 Years ago?? What universe do these clowns live in?
Liberalism is just communism sold by the drink.
|« Previous Thread | Next Thread »|