The tax consequences of a shrinking middle class -- Nearly half of Americans do not pay income taxes because they earn too little or are flat out on Social Security.

2012-09-20 — mybudget360.com

Then you have 46.5 million Americans on food stamps. So what we have is a system spending more than it earns and you have the Fed with QE3 obsesses with bailing out its banking allies by inflating property prices. How will higher property prices help most Americans when we look at all this data in context? Since no one is making the hard decisions we simply keep on spending and digitally printing money and you wonder why the standard of life for most Americans is plunging.

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