How many Americans work in government? Would you believe 40 million!

How many Americans work in government? That’s a more difficult question to answer than you would think. Officially, as of 2009, the federal government employed 2.8 million individuals out of a total U.S. workforce of 236 million, or just over one percent of the workforce. But that isn’t the entire picture. Add in uniformed military […]

Obama’s Dubious Math For Raising Taxes On Rich Americans

Raising taxes on the “rich” is generally considered a safe political  ploy. The tactic uses the tried and true class warfare principals taught in Liberal Politics 101 courses around the nation. True to his liberal roots President Barack Obama is calling for $1.5 trillion in new taxes that would predominantly hit high-income earners. The mainstream […]

IRS data: U.S. incomes fell sharply in 2009

From Reuters – U.S. incomes plummeted again in 2009, with total income down 15.2 percent in real terms since 2007, new tax data showed on Wednesday. The data showed an alarming drop in the number of taxpayers reporting any earnings from a job — down by nearly 4.2 million from 2007 — meaning every 33rd […]

The Gang of Six Had the Right Idea About Tax Rates

The Gang of Six’s deficit reduction plan is DOA in Washington. But, at least one provision of their plan deserves resurrection – flattening the tax code. Part of the proposal offered by the bipartisan group of senators would have reduced the number of tax brackets to no more than three and cut the top tax […]

Worried About Currency Controls? You Should be More Concerned About Travel Controls.

The federal government’s information systems and, in particular, their ability to share information inter-agency has been considered less than state-of-the-art. However, decades of steady expansion of inter-agency data sharing is set to add another layer of surveillance over the American public. The General Accounting Office (GAO) issued a report in mid April that recommends consideration […]