Taxation: A twentysomething that’s not being “taken for a fool”

Ray Muccio: The Life and Times of an Overtaxed Nation: From the Eyes of a Twentysomething

When we see special tax rates put in place for Hollywood producers—$430 million tax benefits and the ability to expense up to $15 million of costs for work—it’s hard not to wonder, “What about the normal American who wakes up for work at 6AM every day and works the jobs that keep this country afloat?” They have been forgotten once again.

 

Barack Obama has yet to pass a budget, regardless of who has been in charge in the House or Senate. We have seen the national debt increase from $10.6 Trillion on January 20, 2009 to $16.3 Trillion on December 28, 2012. That’s a 54% increase in the National Debt, all during my 20s. It shouldn’t take long to realize that a 54% increase in the National Debt in 4 years, under one President, who has been responsible for a trillion dollar a year deficit, may have not been the best choice for America after all.

How refreshing. I’d like to have a beer with Mr. Muccio.

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