Free Republic

During my studies in tax accounting in college, I realized something that is seldom brought to the fore: the fact that the Social Security program entails a triple tax. Why, when so-called "fiscal conservatives" gain governmental power does this never get addressed? I'll lay out the thesis here and then recommend some actions that future "Republican" or actual conservatives can implement, by the grace of God. Social Security is a triple tax:1. The tax itself, which is 6.2% of earned income up to an inflation adjusted limit, which is well above most average salaries. (An ancillary tax, medicare, which is...

If Joe Smith, a McDonald's worker decided to start investing. He invests whatever he could and he teaches his children everything he learns and charges them to add to their knowledge and that their children continue, and so on. While there is no guarantee, but is there a point in time this family might be join the ranks of the Rockefellers or Gates?

It belabors the obvious to say that Haiti is a mess. I was there for the one-year anniversary of the January 12, 2010, earthquake and can verify the reports of how little has been done to put the shattered capital, Port-au-Prince, back together again. The overall look of the downtown area is something akin to the aerial film footage that the Allies took of bombed-out German cities in the summer of 1945, but with smoldering mounds of garbage and about 1.5 million homeless people added in for that unique, Third-world effect. While the damage from the earthquake, poverty, homelessness, and...