Tag: Debt
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Okay. The Buffett Rule. Then What?
I’m seeing reports that the Buffett Rule (taxing Capital Gains income of the 1% at a higher (30%) rate) would raise $50,000,000,000. That’s an enormous amount of wealth to redistribute from 818,902 Tax Returns (read Families). It’s $61057.37 per Family (Tax Return). So, okay Obama, let’s say we do it. We employ the Buffet Rule. …
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CBO: The Federal Budget Infographic
I remind you again, that a great place to stay ahead-of-the-news on what’s coming down the pike for legislation is the CBO (www.cbo.gov). Add yourself to their e-mail list! I repeat. Add yourself to their e-mail list! Today’s release included an Infographic on The Budget, Spending, and Debt. The graph at the bottom of the…
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A Lotus Evora In Every Pot
“Since 1988, the Federal Government has paid $8 Trillion in Interest on the Federal Debt. That’s enough to give every taxpayer a Lotus Evora dream car.” . If your Representative (House or Senate) voted for this unbelievably bad debt deal, they need to be Primaried! Period.