Fair Tax Archives - Market Mad House

daniel July 16, 2016 Basic Income, Donald J. Trump, Fair Tax, Gary Johnson, Libertarian Party, Libertarian Presidential Candidate, Libertarians and Basic Income, Milton Freidman, negative income tax, William Weld, Would Donald Trump Endorse Basic Income?

Does Libertarian Presidential Candidate Gary Johnson support Basic Income?

Basic income is likely to appeal to many of the Trump voters who have been hard hit by wage stagnation and income inequality. Trump is likely to go for it after his other economic ideas; like the tariff, get exposed for the nonsense they are.

Politics

daniel April 19, 2015April 19, 2016 Fair Tax, FICA, Get Rich Slowly, Income Inequality, Minimum Wage, Mr. Money Mustache, Pinketty, Poor Dad, Poverty, Rich Dad, Social Security

Payroll Taxes and the Minimum Wage

It is time we took a serious look at our entire tax system and started reforming it. We need to restore fiscal sanity in Washington and, more importantly, create a system that stimulates the economy and helps average Americans, not one that takes 12% of even the poorest citizens’ income for dubious purposes. We also need a tax system in which the rich pay their fair share.

Politics

daniel April 11, 2015March 29, 2017 AAPL, ABX, Amazon, AMZN, Apple Pay, Apple Stock, Benjamin Graham, Disruptive Technology, Dollar Tree, Fair Tax, Family Dollar, Gold, Income Inequality, Income Tax, IRS, Mr. Market, Mr. Money Mustache, Venmo, Wal-Mart

Steps Government Could Take to Reduce Income Inequality

• Abolish the payroll or withholding taxes, which take a percentage of a person’s salary. These hit the working poor heavily, and they do not raise enough money to cover the costs of programs like Social Security and Medicare.