Democrats have proposed various “wealth taxes” to ensure the rich pay their “fair share” and to fund lofty social programs.
But, as Alexander Green explains and tax economics have shown, these taxes are sure to impact middle-class families as well.
It’s been well said that wealth is not what you make, it’s what you keep.
Yet a lot of folks – even those with higher-than-average incomes – find it awfully hard to keep much of what they make. Why?
One answer might be kids; pets; house payments; car payments; student loan payments; credit card payments; home, auto, health and life insurance premiums; groceries; utilities; […]