Don’t Tax The Rich To Benefit The Middle Class, Help The Poor Instead

In his State of the Union Speech, President Obama called for tax increases on the rich in order to pass out goodies to the middle class. In particular, he wants to raise capital gains taxes on the rich and use the money to provide tax breaks to middle class families with two working parents, for those with child care expenses, and for those paying for college. Not only are his proposed freebies all bad ideas, he is spending the money on the wrong group….Read More


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