"The tax overhaul would mean an unprecedented
windfall for the super-rich, on top of the fact that
virtually all income gains during the period of the
supposed recovery from the financial crash of 2008
have gone to the top 1 percent income bracket."
Trump’s tax plan provides massive windfall to the rich
By Trévon Austin
28 September 2017
A tax plan by and for the US oligarchy
By Fred Mazelis
29 September 2017
already pay less than 25 percent in tax and this windfall
would apply almost entirely to hedge funds, private equity
firms, giant law firms and other partnerships and limited
liability companies (LLCs). LLCs have become more and
more common in recent years, used by multimillionaires for
such purposes as hiding ownership of luxury residences.
The forecast is for a cumulative
deficit of $10.1 trillion over the next ten
years, with the annual deficit reaching the
stratospheric level of $1 trillion by 2022 and
going up from there.
SERVE THE RICH, BANKSTERS AND
ILLEGALS FIRST.... we get their scraps
More than 52 million Americans live in economically distressed communities
By Sandy English
28 September 2017
September 20, 2017
The Awful Future that Looms for a
of Today’s Americans
Rural New York schools grapple with declining population, increasing poverty
By Jason Melanovski
20 September 2017
US Census report shows increasing social inequality
By Eric London
15 September 2017
Census Bureau: Mens’ Wages Remain Below 1973 Levels
Americans’ median pay packets have been flat since 1973, even though the vastly expanded federal government has justified its own salaries and its many massive spending and policy programs as a sure-fire way to boost education, productivity, and wages.
- The staggering total costs of illegal immigrants and their children outweigh the taxes paid to federal and state governments by a ratio of roughly 7 to 1, with costs at nearly $135 billion compared to tax revenues at nearly $19 billion.
- The nearly $135 billion paid out by federal and state and local taxpayers to cover the cost of the presence of 12.5 million illegal aliens and their 4.2 million citizen children amounts to approximately $8,075 per illegal alien and citizen child prior to taxes paid, or $6,940 per person after taxes are paid.
- On the federal level, medical ($17.14 billion) is by far the highest cost, with law enforcement coming second ($13.15 billion) and general government services ($8 billion) third.
- At the state and local level, education ($44.4 billion) was by far the largest expense, followed by general public services ($18.5 billion) and medical ($12.1 billion).
- The top three states based on total cost to state taxpayers for illegal immigrants and their children: California ($23 billion); Texas ($10.9 billion), and New York ($7.5 billion).