Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   4 comments
OpEdNews Op Eds

Stop The Lying About Federal Tax Policy

By   Follow Me on Twitter     Message Robert Bostick     Permalink
      (Page 1 of 5 pages)
Related Topic(s): , Add Tags Add to My Group(s)

View Ratings | Rate It


Author 13111
Become a Fan
  (3 fans)
- Advertisement -

This tax on millionaires is all theater, a grand Kabuki, a Fandango amongst the 1%ers, the Congress, and the Administration, each dancing to their own special interest hip hop.


- Advertisement -

The House and Senate Majorities persisting in discriminatory taxation; resisting tax increases on the middle class but not tax fairness for all; the Administration subversively cynical about the canard that taxes on the rich must help pay for a more equal society. Senate Republicans and the 1%ers, sitting, like the vultures they are, on the edge of the negotiating table waiting for the inevitable disgorgement of even more spoils (tax breaks) that will never reach the minions.

- Advertisement -


It's all a sham because none of our erstwhile elected or appointed officials in senior most positions, their advisors, MSM economic pundits and favored academics, appear to remember the historical paradigm shift in this nation's monetary and fiscal policy which occurred in August, 1971.


- Advertisement -

Briefly, Nixon abandoned the Bretton Woods Agreement and the U.S. left the gold standard and fixed exchange rate world, and all other nations soon followed. That action changed our nation from one with gold backed currency to one with nothing backing our currency. We were no longer bound to balance federal budgets and trade accounts, deficits were no longer the basis upon which the nation would face default on its obligations, or bankruptcy.


Next Page  1  |  2  |  3  |  4  |  5


- Advertisement -

View Ratings | Rate It


Retired ('92)after working for every Administration since Truman, with the exception of the last 3 administrations. Mainlining golf is a major addiction, along with grandchildren, travel, great books and the leisure to really absorb it all. A (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting
/* The Petition Site */
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Related Topic(s): , Add Tags
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Did This Really Happen?

What Should We Know About Methane Hydrate Explosions?

Stop the Fiscal Policy Illiterates.

Federal Taxes Don't Pay For Anything

Do you know what "unsustainable" means? If not, it's costing you money.