This week, the Obama administration announced it will create a new poverty-measurement system that will eventually displace the current poverty measure. This new measure, which has little or nothing to do with actual poverty, will serve as the propaganda tool in Obama’s endless quest to “spread the wealth.” Under the new measure, a family...
Posts Tagged ‘ poverty ’
The 0% Tax Rate Solution – WSJ.com
The federal income tax code is now so mangled that we can probably increase federal revenues with a 0% income tax rate for a majority of Americans. Long before President Barack Obama took office, the bottom 40% of income earners paid no federal income taxes. Because of refundable income tax credits like the Earned...
Mary O’Grady Says Latin America Needs Economic Liberalization and Property Rights, Not Foreign Aid – WSJ.com
Exactly! I am so tired of these bureaucrats who perpetuate poverty, not cure it, because it gives them a job. Mary O’Grady Says Latin America Needs Economic Liberalization and Property Rights, Not Foreign Aid – WSJ.com.
