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Category: Economics

Trump Puts The Screws To The US Tax Payer Unevenly.

Trump Puts The Screws To The US Tax Payer Unevenly.

The tax paying citizens of the United States have once again been shafted as a result of President Trump and his Republican Party into putting forward alleged tax cuts in the form of Tax Cuts and Jobs Act put into effect December 2017. Here are the reasons this is a shame upon the president and his Republican Party: The really rich, plutocracy class, gains the most and the low and middle class get way less. By giving tax cuts to…

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“President” Trump and Republicans Secretly Hurt The Working Class: They Cut Education Spending.

“President” Trump and Republicans Secretly Hurt The Working Class: They Cut Education Spending.

Some of the rust belt states, controlled by Republican governors, have cut the money spent on junior colleges and universities.   The last presidential election really drove home that the rust belt states are struggling.  A lot of people are out of work across the United States.  The prior job base occupations have disappeared for blue collar workers.  The new reality is people may need to be retrained.  The businesses that once populated the rust belt are gone.  More technical skilled…

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Arab Spring – Opinion

Arab Spring – Opinion

The Arab Spring at first seemed to be a new bright beginning for the Middle East but one must understand that the humane being is innately not compassionate but self serving and out of that selfish to the point of denying anyone else from attaining any gain.

The Alleged Hypocrisy Of The New York Federal Reserve Exposed.

The Alleged Hypocrisy Of The New York Federal Reserve Exposed.

This American Life served up a rather shocking view, September 26, 2014, showing us an  inside view of the inner workings of  the New York Federal Reserve that appears to reveal how some administrators exhibit weakness and seem warm to the banks that they are expected to regulate.  If a staff member shows backbone and tries to adhere to the mission of the institution they may find themselves out of a job.   The sum total of this program seems to…

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Close To Half Of The U.S. Households Currently Do Not Owe Federal Income Tax. Truth or Fiction?

Close To Half Of The U.S. Households Currently Do Not Owe Federal Income Tax. Truth or Fiction?

“Close to half of U.S. households currently do not owe federal income tax.”  How accurate is this statement?  This statement is cited as evidence, typically by Republicans, that lower income families do not pay their fair share of income taxes.   This viewpoint is flawed because it specifies income tax.  There are other forms of taxation.  Let us list them one by one and see who pays and at what rate. Income Tax The recession of 2008 and beyond has vastly…

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