4 ms·
I feel we are no longer getting our money’s worth from our taxes. We are taxed at almost an effective rate of 40%. This includes federal, state, and sales tax
by blackrock 6y ago
I feel we are no longer getting our money’s worth from our taxes.
We are taxed at almost an effective rate of 40%. This includes federal, state, and sales taxes.
Then, the other 40% goes to rent, or mortgages.
And you have to make due with your remaining 20% to pay for your medical expenses, food, gasoline, car, entertainment, etc. And god forbid, if you have to pay to help your aging parents, which is an added burden on your remaining 20%.
What will it take to get the attention of these Washington elites, that we, the people, are getting fleeced for our money?
Meanwhile, all this low interest rates, are going to do one thing, which is to further increase asset prices. Namely, housing prices, and stock prices.