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Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
Be Afraid (you Know The Rest)
Posted on 03/13/2007 19:38 PM | Link | Post Comment
Here's a scary graph -- it's a sneak preview from the Heritage Foundation's latest Federal Budget Chartbook, thanks to Heritage's blogger Robert Bluey. It shows the future track of federal tax receipts as a fraction of GDP, and it's up, up and away even if the 2003 tax cuts are extended past 2010. Why? The Alternative Minimum Tax and "real bracket creep" -- people moving into higher tax brackets as productivity growth makes everyone wealthier -- are the culprits. To prevent this, we have to think about cutting taxes. But right now the Dems in control just talk about hiking taxes.
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Examples
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them [read more]
Morpheus Trading - Fri Oct 10, 2008 01:40AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
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