The common complaints these days is that years ago we used to be able to afford to buy a house, and a car, and send kids to college, and have a vacation every year, all on a single income.
In the common question is what happened to that? Why can’t we do that anymore? That’s a good question too.
The answer is: government is why we can’t do that anymore.
Government and its financial demands have grown to the point where when considered at all levels of government, as in local, state, Federal, most Americans see on the order of 60 to 65% of their income going to taxation.
Now, let’s add to that hidden taxes.
The constant cry of “let’s tax businesses more” … Simply means that you never see the real prices for the goods that you buy because businesses are passing on the taxes that they pay to the consumer in other words you and i.
Do you think we’d be able to afford a house a car and a couple of kids going to college without all of that? We used to, you know.