America has a lot of people. With that comes the obligation of educating millions of children.
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Category / Government
Where the Federal Government Gets Tax Revenue From
Via Peter G. Peterson Foundation
The federal government collects revenue from a variety of sources. The largest source is taxes on individuals’ income and payroll taxes, which together make up four-fifths of federal revenue. Individual income taxes are assessed against wage income and are progressive: that is, the tax rate someone pays increases as their income increases. Payroll taxes are a flat percentage of wage income. They are used to fund Social Security and portions of Medicare. Taxes on corporate profits, estate and gift taxes, excise taxes (a tax levied on a good or service), customs duties, and numerous other taxes comprise the remainder.
Illinois Is An Example of What is Coming For Many States
photo courtesy of http://www.whatamimissinghere.com
For the last few years, many in the economic world have been cynical of states like Illinois, California and others for how bad their government books are when it comes to finances. Continue reading →
What A Gasoline Receipt Should Look Like
An unethical practice happens every time you go purchase gasoline for your vehicle:
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Indiana Toughening Up Rules on Food Stamp Usage
The Indiana Family and Social Services Administration has announced new rules for food stamp recipients. Continue reading →
Americans Hanging Onto Cars Longer
Detroit: Legal Gun Owners Cause Crime To Go Down
The naivete of the “thinking class” not grasping societal change will be remembered most during
Current Unemployment Rate in the European Nations
Here are current unemployment numbers of several European nations via The International Spectator –
America Has To Many Laws
Every year the federal government piles on more laws that Americans must follow.
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Another “Green Industry” Failure
My problem with the environmental movement isn’t really one of theory but how much of a con game it is
Hoosier Econ 