Tag Archive | "progressive taxation"

America's Effective Tax Burden: A Nation of Serfs

America's Effective Tax Burden: A Nation of Serfs

This article is dedicated to the growing segment of American society that is awakening to the ideas that we are increasingly overworked and overtaxed. My goal is to determine an effective tax burden on the average middle-class American. I will leave it to the reader to judge relative severity of the burden as measured against associated “benefits” to which he is “entitled” from the system. Continue Reading

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Freedom Under Fire, Apr. 14th, 2009

Freedom Under Fire, Apr. 14th, 2009

Obama continues Bush policy of surveillance secrecy despite campaign promises, tax protests spark conservative insurgency online, submit video footage of your tax woes to CNN and you might be aired nationally, Fed historian and political economist predicts worse inflation than 1970s, consider real estate as an inflation hedge, municipal bond market shows signs of life, older workers 45 years and older face brunt of recession, and flood of government debt crowds out private economy… Continue Reading

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Freedom Under Fire, Mar. 4th, 2009

Freedom Under Fire, Mar. 4th, 2009

China launching massive domestic stimulus, details on the $275 billion homeowner bailout, landmark Supreme Court ruling for drug makers, Chavez declares war on opposition media and nationalizes a U.S.-based company, lawmakers defend 9,000 earmarks including “swine odor research”, and a Russian economist predicts civil war in U.S. in 2009…just the latest in your Freedom Under Fire Report! Continue Reading

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Everyone Has To Pay Taxes Or America Will Fail

Everyone Has To Pay Taxes Or America Will Fail

One of my friends just brought an interesting article to my attention. It’s a Wall Street Journal opinion piece written by Ari Fleischer (former White House Press Secretary) entitled “The Taxpaying Minority.” From the title you can guess he states the usual stats: top 40% of the population pays 99% of taxes, top 10% pay 71%, and the bottom 40% pay…NOTHING!

With the Earned Income Tax Credit many of these patriots even receive handouts by the federal government, taken from the rest of the chumps who pay taxes. When a large percentage of the population has no vested interest in the fiscal solvency of the state, they are prone to demand increasingly irresponsible programs until a crisis forces change. The Romans called the crisis ”civil war” after which a dictatorship was established.

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