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To: CodeToad
I know you were only trying to help...but stop it. You’re depressing me.

I can understand that. According to the numbers we were a hell of a lot better off in many ways 40 years ago.

Median income 1971 - $9,000

Median income 2011 - $45,000 to $50,000
(hard to find an exact number that hasn't been "adjusted" by the government)

So individual median income has increased by a factor of 5 while most consumer goods have increased by a factor of 10 or more.

And a huge part of that is because of big increases in the tax burden on individual items, on manufacturers and on businesses.


41 posted on 07/30/2011 9:34:02 PM PDT by Iron Munro (The more effeminate & debauched the people, the more they are fitted for a tyrannical government.)
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To: Iron Munro
In the 1960s Gasoline varied from 18.9 to 21.9 cents per gallon, unless there was a gas war going on.

They pumped your gas, checked your oil and everything else under the hood, checked the tire pressures and you never got out of your car.

45 posted on 07/30/2011 9:54:52 PM PDT by TYVets (Pure-Gas.org ..... ethanol free gasoline by state and city)
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To: Iron Munro

When I look at ratios of income there is no doubt higher taxes come into play. Home values went from 2.5 times income to 5 times. Total taxes paid today, no matter who you are, is about 55%, as the federal, State and local government spend 55% of GDP.


57 posted on 07/31/2011 7:16:39 AM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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