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The Souffle Economy: Federal Taxes Withheld Declining Bodes Ill For Wage Growth

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Well, the decline in Federal taxes being withheld are collapsing faster than a souffle.

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Not a good sign for wage “growth” that The Fed is supposedly watching.

*Thanks to Lee Adler for letting me share a snippet of his proprietary report.

fallen-souffle (1)

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