Some Ideas to Solve the Woes of the U.S. Economy with Taxes Front and Center
I came accross an article today which discusses a variety of potential issues facing the U.S. economy in the (near) future and the impact these issues may have on the increasingly struggling middle class.
Looking at the U.S. economy with a "big picture" orientation, the article relates broad economic developments to specific middle class problems. The author touches on, well, the kitchen sink, including rising debt levels, stagnant wages and jobs, and increasing costs of education and health care. Included are also some reform proposals and in the author's view one of the pressing issues is tax reform. Note of caution: I have not done too much research to verify how much of this is right, and at least related to the tax reform piece I do think that I do not agree with the increased taxes on earnings from privatized public utilities proposal. Regardless, it's an interesting article, and it hope it generates discussion given the variety of topics encompassed. I am very much looking forward to hearing everyone's thoughts!
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