November 19, 2018

Middle Class Income Hits All-Time High Despite Ocasio-Cortez’s Claim The ‘Upper Middle Class Doesn’t Exist’ In America.

Continuing an upward trend, middle class income reached its highest level ever despite New York Democratic congressional candidate Alexandria Ocasio-Cortez claiming there is no such class in America. The median income for a household in the U.S. reached $61,732 in 2017, according to a U.S. Census Bureau report released Wednesday. The level, up 1.8 percent […]

Obama Calls for Universal Income in South Africa… And He Wonders Why No One Takes Him Seriously.

Goof Barack Obama is traveling in Africa this week. On Tuesday in South Africa Obama stuttered through his speech and called for guaranteed income. Universal income is basic, raw socialism. You get a check for breathing. This is what the left is today — still promoting the failed policies of the past. They never learn […]

Public Radio Admits: Trump Tax Cut Good for Middle, Low Income.

A story by Southern California Public Radio station KPCC last week appeared to admit that President Donald Trump’s $1.5 billion tax reform is best for middle and lower income households. During the months leading up to the tax cut, public radio and television railed away that Republican tax reform would be a massive giveaway to the […]

Why Income Taxes Are Immoral.

In our Jeffersonian conception of government, governments exist to secure our rights. Thus, we allow government the power to tax us to pay for the costs of protecting our rights and to have an orderly society. (Flickr) Nearly 2,500 years ago, Plato argued that poets, “with their words and phrases” were too dangerous and could […]

Feds Collect Record Income and Payroll Taxes Through March–Still Run $526,855,000,000 Deficit.

The federal government collected record amounts of both individual income taxes and payroll taxes through the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March), according to the Monthly Treasury Statement. Through March, the federal government collected approximately $695,391,000,000 in individual income taxes. That is about $7,387,280,000 more than the […]

HA: Trump Paid A Higher Percentage of Income Tax Than Bernie Sanders (And Mitt Romney)

Well, at least we got some amusing news out of Tuesday night’s flop of a story from Rachel Maddow: Trump paid a higher percentage of his income in taxes in 2005 than Mitt Romney did in 2011 and Bernie Sanders did in 2014. In 2005, Trump paid 25 percent of his income in taxes, compared […]

If you hear a Bernie Sanders supporters complain about income inequality, show them this ASAP…

We’re all aware of the politics of envy on which Bernie Sanders is campaigning. You could probably make a drinking game based around when he uses the phrases “millionaires and billionaires,” “top one percent,” “Koch brothers,” or “greed.” The issue of income inequality is central to the politics of envy. Bernie commits a popular error […]

In 2015, 45 Percent Of Americans Will Pay No Federal Income Taxes

The number of individuals and married couples paying no federal income tax has risen to 45.3 percent — up five percentage points from the Tax Policy Center’s original estimate two years ago. The TPC forecasted in 2013 that the number of households not paying federal taxes would fall to 40.4 percent, crediting an improving economy […]

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