According to Associated Press, 47% of the US households pay no federal income tax. Zip. Nada. Zilch. On the surface it appears that half the people pick up the tab for the other half. Further investigation shows just 10% of earners pay a whopping 73% of the income tax revenue. It’s only a matter of [...]
The former chairman of the Federal Reserve, and advisor to the White House, recently indicated there may be a need to consider a Value Added Tax (VAT). So expect all kinds of revenue-raising proposals to be floating around Washington in the days ahead.
Few, if any, of these government schemes to bring money into the government’s [...]
Are you shocked and dismayed by the way politicians in Washington have demonstrated a lack of common sense? Do you believe your representatives have a total disregard for fiscal responsibility? Who is looking out for the well-being of their constituents rather than following the will of a political party or following their own individual ambitions? [...]
The onetime jewel in this country’s crown of achievement and testament to the “good life” has tarnished to the point were it is unlikely to be restored to its former greatness. With unbridled spending by a virtual one-party State Assembly and Senate, unsustainable concessions to public sector unions, unfriendly restrictions and taxes on business along [...]
An ancient proverb says, “May you live in interesting times.” Is this a curse or a blessing or a paradoxical statement to cause one to think about the times they are living in a decide what actions to take in order to have peace in their lives? I submit an overwhelming percentage of Americans will [...]
