On average, Americans work 100 days of the year just to pay taxes to serve federal, state and local governments. And we thought the GOVERNMENT worked for people. Politicians claim to serve the American public, especially the poor and the middle class.
Think about it: Why is working income taxed at a higher rate than the non-working income?

Taxes

Share Tweet Follow Email Follow We are a compassionate society that strongly believes in equality and fairness. Such noble principles, however, are notably absent from our tax system, which is regressive rather than progressive, meaning that the effective tax rate decreases as income increases. For example, if one earns less than $113,700 in 2013, she will pay 7.65% in payroll…

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Stealing from Millennials and Future Generations

Share Tweet Follow Email FollowExcerpts from Confessions of an Old Man “There’s nothing like doing things with other people’s money.” President Donald Trump Every US president since Reagan has added hundreds of billions to the national debt compared to his predecessor. President Trump may top all the previous presidents by having an estimated annual deficit of $1 trillion by 2020…

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Inequality Everywhere

Share Tweet Follow Email FollowExcerpts from Confessions of an Old Man “The upper class keeps all of the money, pays none of the taxes. The middle class pays all of the taxes, does all of the work.” Late Comedian George Carlin President Trump, who is a billionaire, presides over the richest cabinet in US history. The combined net worth of…

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Time for a Holiday That Brings Full Employment

Share Tweet Follow Email FollowDec 9, 2013 – Friday’s unemployment figures of 7%, while perhaps slightly more cheerful than expected, still mean that roughly 11 million people are out of work and that the U.S. economic recovery remains stubbornly sluggish. That’s why it is truly the season to take the long-overdue step – remarkably a simple step, really — that…

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