Check out this article from the Wall Street Journal. Although it's an opinion piece, the basic facts don't lie.
Good stuff.
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2 comments:
My copy of the 2/17th law is in the mail..... big gotcha's are included, and it will not be pretty for anyone.
So ya gotta do the math! The middle class has and will always truly carry the US. It's the biggest class. As always - someone isn't watching the spending.
I am not sure I agree that the middle class carries the US. I would think they do in spending....but in paying taxes, the article stated that 62% of all federal income tax receipts are paid by 7% of the population. My question would be does it include capital gains? If so can you imagine when he hikes the capital gains tax...that % will go to 75-80%.
How did you get them to send you a copy....I want in on that pork!
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