Earl Shaffer, a US Army veteran, became the first person to hike the entire Appalachian Trail in 1948, covering over 2,100 miles in 124 days. He later completed the trip in both directions and is known as the “King of the trail.” In 1948, 29-year-old Earl Shaffer set off from Mt. Oglethorpe in Georgia wearing […]
The relationship between raising the federal minimum wage and inflation is complex and not necessarily causal. While an increase in the minimum wage can lead to cost inflation, critics argue that companies can adjust their workforce to avoid passing on the expense to consumers. The true impact on the economy is difficult to measure due […]
A gross tax is additional compensation paid to cover an employee’s tax liability for benefits received, with approximately 77% of large US corporations offering it. The tax increase is the most commonly used benefit, but it is controversial due to criticism of excessive executive pay packages. The SEC issued new regulations in 2006 to increase […]