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Despite fiscal-cliff deal, Americans to pay more
... research group, estimates that 77 percent of American households will face higher federal taxes ... -income families will feel the biggest tax increases, but many middle- and low-income families will pay higher taxes too. ... (Associated Press) While the tax package that Congress passed New Year's Day will protect 99
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77% face higher taxes despite debt deal
... Washington research group, estimates that 77 percent of American households will face higher federal taxes ... - income families will feel the biggest tax increases, but many middle- and low- income families will pay higher taxes too. ... WASHINGTON (AP) - While the tax package that Congress passed New Year's Day will protect 99 percent
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Poor are not poor because rich are rich
... ; there are an equal number of households with higher and an equal number with lower wealth. "Average ... the complex reality behind the fact that "median wealth of white households is 20 times that of black ... households. …" And without care, this information will be abused and misused by those
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Nothing certain except death and a FairTax
... in higher taxes over 10 years – and that's after accounting for his $154 billion ... expenses. It is interesting to note, however, that the income tax law was revoked 10 years later ... and rebuild our economy: tax reform (or, even better, replacement). I've demonstrated
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More working familiesphased out of tax breaks
... -outs of deductions that could offset those higher rates. In effect, families are losing tax ... 20 tax benefits, such as the child tax credit, phase out at higher income levels. Complaints ... such as the higher $600-per-child tax credit that went into effect last year as part of President
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There aren't enough rich people
... qualifies one as being rich. It's not even yacht and Lear jet money. All told, households earning ... taxes, they report less income, buy tax shelters and hide their money. It's not just rich people who ... the rich laid out by Bill Whittle citing statistics on his RealClearPolitics video "Eat the Rich
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Amnesty harms blacks
... , that is most damning. It is the 10-ton pink elephant in the middle of the room that no one is willing ... in to the convoluted desire of President Bush and passes an immigration bill that allows for amnesty ... points out the following: "Our research shows that low-skill immigrants' households, on average
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Countering the spin
... columnist Matthew Miller: "The tax bill was the big battle of the Bush presidency. Liberals shouldn't ... ." Miller's right. Already, the "shadow" of the 10-year tax cut of $1.3 trillion, the exact number Bush ... , the tax bill cuts the tax burden by $1.3 trillion over the same period. Sen. Tom Daschle and other
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Phony divide between fiscal, social issues
... with Lyndon Johnson's War on Poverty in the 1960s. LBJ welfare channeled all the money and benefits ... Americans are unaware that nearly $900 billion a year of federal taxpayers' money is handed out ... Foundation reports that more than 70 types of federal means-tested handouts, in cash or benefits
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Gold dropping? Why not to worry
... their worst weekly drop of 2013. Of the 10 sectors of the S&P 500, energy was the worst ... on the S&P and 10 stocks on the Dow are scheduled to report earnings. Apple, Exxon Mobil ... and international conference speaker Jerry Robinson uses his "Follow the Money Weekly" program this week