laurence32 Wrote:
Apr 14, 2012 3:41 PM
There may be another possiblity to taxing the middleclass.I submit that our rulers are pushing our economy into socialism, basically a two class system: those who are priviliged to "have" an those who "have not". What middleclass allowed to exist are government employees.What made the U.S. unique was the growth of a huge producing middleclass. Today it is largely the middleclass that is out of work as a result of overtaxing production forcing companies to move overseas. That leaves us with the aged and infirm 50% dependent paying no income tax, Bernanke's central bank inflating the value of the dollar (QE's I & II with III a distinct possibility)making the poor poorer, which will increase the crime rate necessitating an increase in...