DailyMarkets.com - America’s Highly Progressive Federal Tax System

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America’s Highly Progressive Federal Tax System Posted: 15 Jul 2012 10:10 AM PDT Warren Buffett made this claim in an August 2011 NY Times article titled “Stop Coddling the Super-Rich”: “Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4% of my taxable income — and that's actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33% to 41% and averaged 36%.” The chart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

My Sense On Cents Solution For America Posted: 15 Jul 2012 08:31 AM PDT Although many outlets and institutions within our society deem discussion of traditional family structures to now be off-limits or politically incorrect, the simple fact is our society is suffering tremendously from the breakdown of the two parent family. The Obama administration and others continually try to score political points by railing on the income gap in America. The real issue in our nation is the education gap. A lack of education is very often a precursor to a life of poverty. What … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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