Tax Revenue

Kunstler: 2017 Is When The Wheels Finally Come Off

The American people have been punked by their own government and their central bank, the Federal Reserve, for years and the jig is now up. In 2017 both will lose their authority and legitimacy, a very grave matter for the survival of this republic.

A Biased 2017 Forecast, Part 1

"We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events..."

Why The Bill Of Rights Is Failing

225 years ago today, the first ten amendments were added to the new Constitution of 1787. Those amendments have come to be known as the Bill of Rights. The fact remains that the American public generally tolerates countless violations of the Tenth Amendment, the Ninth Amendment, the Sixth Amendment, the Fourth Amendment, the Second Amendment, and now even the First Amendment is being targeted by labeling objectionable ideas as "fake news."

Getting In Bed With Government

The recent deal to keep Carrier jobs in the United States is not at all unusual. It only received so much press because Trump made it a campaign issue and saw an opportunity to record a big early PR victory before he even took office. In reality, the intertwining of government and big business meets the definition of fascism.

These Countries Have Nearly "Eliminated Cash From Circulation"

If you have any misguided notion that a cashless society is not coming, just keep telling yourself that every time you use a debit card, credit card or your phone for your next purchase. With the elimination of cash we effectively hand over our individual human sovereignty to the banks and the government.

The War On Cash Is Happening Faster Than We Could Have Imagined

The political and financial establishments want you to willingly get on board with the idea of abolishing, or at least reducing, cash. And they’re pumping out all sorts of propaganda to do it, trying to get people to equate crime and corruption with high denominations of cash. Simply put, the data doesn’t support their assertion.

Fertility Rates Keep Dropping, And It's Going To Hit The Economy Hard

Total fertility rates, which can be defined as the average number of children born to a woman who survives her reproductive years (aged 15-49), have decreased globally by about half since 1960. This has drastically shaped today’s global economy, but a continued decline could have much more severe long-term consequences.

Who Pays What Taxes In The US

Why does every election bring renewed focus on the taxes paid by the rich? Simple: while those American who declare $500,000 and above in income represent less than 1% of total tax returns, they account for a quarter of taxable income and - more importantly - are responsible for 37% of government revenues collected through individual income taxes.