Tag: economic policy institute

The Economic Policy Institute has released a chart showing the average overall tax rates in 1979, 1992 and 2007. The picture isn’t pretty. While the tax rate for you, me and the other 99% of this country has remained pretty much the same over the years, the tax rate for the top 1% has seen […]

There has been a lot of talk that President Obama might be open to some sort of deal to cut Social Security benefits. Well that is a very bad idea: President Barack Obama’s apparent willingness to consider cuts in Social Security benefits may be winning him points with Washington elites, but it’s killing him with […]