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So, if I pay myself with company stock instead of wages I get the lowest tax rate possible. In the U.S. the wealthiest top 20% of the population owns 80% of the wealth of this country. The bottom 80% are paid in wages which is subject to higher taxation.Who writes these tax laws? The wealthy.
I went grocery shopping today. Ground beef is 4.00 a pound. Can of beans...2 dollars. It's called inflation folks and the reason for it is unfunded wars and low taxes, along with insane borrowing from other countrys. What this is about is the tax code and campaine finance reform and reinstitution of banking and finance...more
SOCIAL SECURITY HAS 3 TRILLION IN IOU;S FROM OTHER BRANCHES OF GOVT. iF COSTS ARE TO BE LOWERED START WITH THE MILITARY, THEN GOTO GOVT PENSIONS AND WAGES, THEN GO TO MEDICARE WHERE THE GOVT IS BEING OVER CHARGE FOR EVERYTHING FROM DRUGS TO FEES AND HOSPITAL COSTS. Social Security is Not underfunded, rather it is the o...more
I retired 10 yrs ago and my mutual fund has reduced over a ten yr period due to fees. ( I haven't added tp it in ten yrs.) The fees are greater than the interest income. a simple bank savings would have been a lot better.
Its looks like the only way to get rid of the status quo in washington is to elect far left dark horse candidates. Obama is an example of how limited a politicians actions can be when banks and corporations are funding both sides of the political parties. Note how B. Sanders ( socialist) has the freedom to vote as he w...more
While everyone being honest with the I.R.S. sounds like a good idea, here are a couple of my complaints; They cut my cost of living raise and gave themself 2 or 3 % raises. The benefit packages are out of this world for govt. workers. They are far to well compensated. I,m talking about all govt. jobs and civil servic...more
Theirs only one way out of this and that is a lower standard of living with increased texas. I mean taxes. Taxes on every thing like a dollar a gallon on gas. Toll roads. Luxury taxes. City taxes. State taxes. Reduction of deductions. I.O.U.'s for tax refunds. Increases in all the little taxes like fed taxes on cell p...more
1/9/2010
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