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Posts Tagged ‘tax’

Barack Obama Says That What America Really Needs Is Lots More Debt

February 3rd, 2015

debtWhen it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama.  Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed Read more…

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Dependence On The Government Is Out Of Control In America

November 19th, 2014

economyIf you could stay home and watch television, play video games and hang out with your friends all day at government expense, would you do it?  Of course most Americans that collect money from the government each month are not abusing the system.  Read more…

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A List Of 97 Taxes Americans Pay Every Year

March 25th, 2014

tax systemIf you are like most Americans, paying taxes is one of your pet peeves.  The deadline to file your federal taxes is coming up, and this year Americans will spend more than 7 billion hours preparing their taxes and will hand over more than four trillion dollars to federal, Read more…

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Trouble Ahead For The U.S. Economy?

January 2nd, 2014

economyIs the U.S. consumer tapped out?  If so, how in the world will the U.S. economy possibly improve in 2014?  Most Americans know that the U.S. economy is heavily dependent on consumer spending.  If average Americans are not out there spending money, Read more…

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The Japanese Debt Bomb Could Set Off Global Panic At Any Moment

August 12th, 2013

japanese GDP growthHow much is 1,000,000,000,000,000 yen worth?  Well, a quadrillion yen is worth approximately 10.5 trillion dollars.  It is an amount of money that is larger than the “the economies of Germany, France and the U.K. combined“.  It is such an astounding Read more…

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During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

August 9th, 2013

tax systemHow would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing Read more…

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The Japanese Financial System Is Beginning To Implode

May 27th, 2013

japanese GDP growthThe financial system of the third largest economy on the planet is starting to come apart at the seams, and the ripple effects are going to be felt all over the globe.  Nobody knew exactly when Read more…

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America Was Much Better Off Before The Income Tax

April 14th, 2013

recession governmentDid you know that the greatest period of economic growth in American history was during a time when there was absolutely no federal income tax?  Between the end of the Civil War and 1913, there was an explosion Read more…

NYSE:DIA, NYSE:SPY

Financial Collapse Inevitable As The Derivatives Bubble Grows

April 2nd, 2013

market correction bearHave you ever wondered how the big banks (NYSEARCA:XLF) make such enormous mountains of money?  Well, the truth is that much of it is made by gambling recklessly.  If they win on their bets, they become fabulously wealthy.  Read more…

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Banking Meltdown In Cyprus Could Lead To A “Lehman Brothers Moment” For All Of Europe?

March 19th, 2013

europeCyprus lawmakers may have rejected the bank account tax, but the truth is that the financial crisis in Cyprus is just getting started.  Right now, the two largest banks in Cyprus are dangerously close to a meltdown.  Read more…

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Is The Cyprus Money Grab Coming To A Bank Near You?

March 17th, 2013

banksCyprus is a beta test.  The banksters are trying to commit bank robbery in broad daylight, and they are eager to see if the rest of the world will let them get away with it.  Cyprus was probably chosen  Read more…

ETF BASIC NEWS

Do You Believe It’s Time To Abolish The Income Tax?

February 18th, 2013

tax1Michael Snyder: The federal income tax is a bad joke and it needs to be abolished.  All over the nation, hard working American families are being absolutely crushed by oppressive levels of taxation, and our politicians are constantly Read more…

NYSE:FAS, NYSE:FAZ, NYSE:TBT, NYSE:TZA

Fiscal Cliff Deal: The Good, The Bad And The Ugly

January 3rd, 2013

Michael Snyder: The fiscal cliff deal contains more bad news than it does good news.  Yes, the tax increases on the middle class could have been much worse, and we should be thankful that Congress at least did something for the middle class.  Unfortunately, they didn’t do enough.  Every American worker is going to pay higher taxes next year as a result of this deal. Read more…

NYSE:FAZ, NYSE:GLD, NYSE:TZA

Fiscal Cliff: Why Barack Obama and John Boehner Are Gambling With Our Economy

December 18th, 2012

Michael Snyder: Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff.  The mainstream media would have you believe Read more…

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Why The U.S. Tax System Is Broken

December 6th, 2012

Michael Snyder: Every year average Americans pay dozens of different types of taxes, and yet many of our politicians are very open about the fact that they want to raise rates even higher Read more…

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