The President has made it clear that his line in the sand regarding the ongoing Debt/Deficit Debate is that the Republicans will have to compromise on Taxes. In exchange, he’s willing to consider reform to Entitlement Programs, and what he considers to be massive spending cuts. Four Trillion, in fact, is currently “on the table”…over [...]
How many times have you heard people, specifically the Liberal/Progressive Media and Politicians, refer to the “Evil Rich?” The “Evil Rich” are the “Fat Cats” with money who want to <GASP> make even MORE money by investing their wealth in new industries, expanding existing business investments, or even by saving their money, which, when held [...]
The President spoke at a Press Conference on Wednesday, 6/29/2011. By now, the odds are pretty good that you’ve either heard the speech, heard ABOUT it from whatever source you choose for your news & opinions, or, perhaps, are completely unaware that he spoke or what he spoke about. If you want to read his [...]
Now that we understand the issues surrounding our Revenue and Spending Problems in general; the differences between Discretionary & Mandatory Spending, the History of our Progressive Tax System, how that Progressive Tax System works (or doesn’t work) today and the SECRET Tax of Inflation, it’s finally time to take a look at the SOLUTIONS that [...]
Hopefully, we now understand the problems with our Government’s Addiction to Taxing and Spending, as well as how our Progressive Tax Code works (or doesn’t work, as the case seems to be), and you may be thinking, “OK, let’s fix the problem.” Well hold up there, Buckaroo, because there’s one more issue that we have [...]
Do you know how much you paid in taxes for 2010? Oh, sure, you probably remember how much you GOT BACK, or how much you owed when you filed your Return, but do you actually know how much you paid in taxes last year? In 1943, during World War 2, the Federal Government implemented a [...]
OK, so we’ve talked about the issues relating to Raising Revenue in Part 1, and then we talked about the problems with Mandatory & Discretionary Spending in Part 2, which brings us to the issues of our Progressive Tax System for Part 3 of this STIMULATING discussion. Now, when I call this a “Progressive” Tax [...]
When last we spoke, I posted a very lengthy analysis about the President’s Speech from April 13th, which outlined his plans for dealing with our Nation’s Economic Woes. Among those plans included the proposal of raising taxes. His argument, of course, is that raising taxes on the “Top 2% of Wage Earners” help to fix [...]
