Tag: tax revenue

National Debt and Possible Tax Increases

National Debt and Possible Tax IncreasesWatch this video on YouTube Almost every politician running for president or Congress refers to the alarming growth of the national debt. It is now $23.2 trillion, or $188,000 for each individual taxpayer. Democrats blame the...

The Impact of High Taxes on the Rich

Unintended Consequences of High Taxes on the RichWatch this video on YouTube Two types of tax increases are being promoted by several presidential candidates and members of Congress. The less common idea, which I wrote about recently, is a wealth tax on net worth. The...