By A. Sheahen

A easy source of revenue warrantly (BIG) is the unconditional government-ensured ensure that all voters can have adequate source of revenue to fulfill their uncomplicated wishes and not using a paintings requirement. major questions comprise: Why may still we undertake a massive? Can the U.S. find the money for it? Why do not the present welfare courses paintings? Why no longer warrantly all people a role? could someone paintings if his or her source of revenue have been assured? Has a tremendous ever been established? This e-book solutions those questions and plenty of extra in basic, easy-to-understand language.

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7 percent in 2006, even with the Bush tax cuts still in place. 7 percent in 2010. So it’s clear that lowering tax rates leads to lower tax revenues— exactly the opposite of what the trickle-downers claim. Certainly other factors can be involved, such as recessions, or dot-com busts, or the Internet movement. But the pure figures give solid evidence that higher marginal tax rates lead to higher federal revenues. “Most Americans’ wages (measured by the real median wage) began flattening under Reagan and have dropped since George W.

If you count it as income, the sicker you are, the more income you’ll have. 9 percent of the population—lived in poverty. The report cited high housing costs— particularly in the West—as affecting the cost of basic necessities. DID YOU KNOW? 17 17. But Don’t Some People Say That Poverty Isn’t That Bad? Yes. A few private economists say only 10 million—3 percent of the population—are poor. They claim a lot of income goes unreported. Robert Rector of the Heritage Foundation claims 80 percent of poor households have air-conditioning, 75 percent have a car or a truck, nearly 66 percent have cable or satellite TV, most have a refrigerator, a microwave, and a coffee maker, and the average poor American has more living space than the average German or Swede— and, therefore, the United States should spend less on aid such as food stamps.

The higher your status at birth, the more education you’re likely to get. So those born to money tend to make money. Those born to poverty tend to stay there. The odds are long against certain children making it in America. And those odds haven’t changed much throughout American history. A project led by Markus Jantti, an economist at a Swedish university, found that 42 percent of American men raised in the bottom fifth of incomes stay there as adults. That compares to Denmark (25 percent) and Britain (30 percent).

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