Authored by Mike Shedlock via MishTalk,
The Fed is robbing the middle class once again…
For the third time in 20 years, the Fed has targeted the middle class for the benefit of the wealthy.
Continue reading “Third Major Transfer From The Middle Class To The Wealthy In 20 Years”
“The best way to teach your kids about taxes is by eating 30% of their ice cream.” – Bill Murray
When I saw that slimy tentacle of the Goldman Sachs vampire squid, Gary Cohn, bloviating about Trump’s tax plan and how it was going to do wonders for the middle class, I knew I was probably going to get screwed again. And after perusing the outline of their plan, it is certain I will be getting it up the ass once again from my beloved government.
I know everyone’s tax situation is different, but I’m just a hard working middle aged white man with two kids in college and some hefty family medical expenses. I’m already clobbered with Federal, State, City, and real estate taxes, along with huge toll taxes, sales taxes, gasoline taxes, utility taxes, phone taxes and probably a hundred more hidden taxes and fees.