Tags » Generation Greed

A Value Added Tax Would Be Far More Fair Than the Payroll Tax

As I showed in my prior post…

https://larrylittlefield.wordpress.com/2019/07/31/dont-increase-the-federal-payroll-tax-replace-it-with-a-value-added-tax/

The federal payroll tax on the first $132,900 in wage and salary or self- employment income, a tax that has been increased over the decades, is both unjust and economically damaging.  3,316 more words

Generation Greed

Don’t Increase the Federal Payroll Tax –Replace It With A Value Added Tax

If there is one tax that both Republicans and Democrats love to increase, it is the federal payroll tax, now at 15.3% of your paycheck, theoretically split between employers and employees with the “self-employed” paying both halves.  2,198 more words

Generation Greed

It Would Seem That Somebody Doesn’t Like NYC Public Finance Charts

About a month ago, I went to post a comment on an article on the NYC blog Gothamist, which is owned by WNYC (to which we have contributed for decades), and found that I had been banned from commenting. 5,691 more words

Generation Greed

Public School Finance Over Two Decades, in NYC And Elsewhere, Based on Census Bureau Data: Anyone Remember “School Reform”?

Remember school reform?  The idea that funding for public schools, in New York City and across the country, would be increased, and in return the kind of education those schools were expected to provide would rise as well, even for poor and disadvantaged students.  9,748 more words

Generation Greed

Retirement Benefits Are to White Collar Crime and Generational Inequity What Handguns Are to Street Crime

Red State, Blue State, Democrats, Republicans, anti-tax advocates, public unions, public sector, private sector, federal, state and local and even in Europe.  Retirement and old age benefits are promises about the far off future, allowing any and all to use them as a tool to rip people off and make a getaway before the heist is discovered.  4,132 more words

Changes in NYC & U.S. Median Earnings and Income: The Generational War Has Been Going On For Decades

I was surprised to read an article in which the New York Times, of all publications, broke Omerta with regard to generational trends in society. 3,931 more words

America’s Debts: 2018 Could Have Been Worse but 2028 Almost Certainly Will Be

In March 2018 I wrote the following:

To be fair to President Trump, soaring federal debt doesn’t have to mean total U.S. debt soars as well.   6,029 more words