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New York Times Realizes New Taxes Hurt Poor the Most

Emberato Wrote: Feb 08, 2013 10:55 AM
...nor is that message realistic. gone are the days when a man could eke out an existence on free land; build it up, and claim it as its own. The poor have nowhere to go. Regulations prevent any business start-ups without immense capital for fees, licenses, insurance, bonds, etc., There just isn't any opportunity like there was in Franklin's Day...

When many Americans received their first paycheck of 2013, they wondered why their paychecks were smaller. Obama supporters in particular were baffled, wondering why they were seeing less pay when they had just voted for a President who promised they would never see a tax increase, that after all was reserved for "rich" people. The first Friday in January, Google was flooded with the question, "Why is my paycheck smaller?" Workers took to Twitter and asked the same question.

Now, even the New York Times is realizing who the the newest payroll taxes hurt the most: poor...