We can’t control what others do and we can’t stop misfortune from striking. But we can control our own actions. Those who are financially prudent will most likely enjoy success, even if events don’t always go their way.
Do Americans understand their system for raising revenue to pay for the stuff they want – in this case mostly schools.
why would the average person have to know how money is raised–don’t 45%-48% of folks pay no federal income tax–student loans by waving a magic wand are eliminated–all kinds of spending programs are created and folks are told they don’t have to pay because the rich pay nothing so we will tax them –do our political friends and news media spend any time explaining any of this?
If you can’t make things balance with our low income and low corporate taxes of today helping create some solid economic news and more money coming into the Treasury than you can shake a stick at, then will we see some balance.
Seems to me the numbers show the U.S. schools with very low reading and math scores compared to other countries. $15,000 property taxes for dismal performance–thank the AFT and NEA for that. Schools–unions–contribution from unions to the Dems.—raise property taxes and start the cycle again.
I was just reading of some bankruptcies in the private sector and took a look at the private sector debt as opposed to GDP and it dwarfs the federal debt. It seems to me that low interest rates keep the borrowing machine humming along. I don’t mean just household debt but all sectors outside government. Nobody will deleverage with interest rates near zero.
This is the first time I’ve heard of no property tax idea but it’s not surprising. A lot (most) young people don’t understand local government funding so the property tax is a stunner to them when they first encounter it.
Don’t worry about the trillion dollar fed interest payment. The fed reserve is lowering interest rates to take care of that problem and to be able to handle the trillions to be added to the debt in coming years. If only people will keep buying treasuries while getting near zero interest on them.
why would the average person have to know how money is raised–don’t 45%-48% of folks pay no federal income tax–student loans by waving a magic wand are eliminated–all kinds of spending programs are created and folks are told they don’t have to pay because the rich pay nothing so we will tax them –do our political friends and news media spend any time explaining any of this?
If you can’t make things balance with our low income and low corporate taxes of today helping create some solid economic news and more money coming into the Treasury than you can shake a stick at, then will we see some balance.
Seems to me the numbers show the U.S. schools with very low reading and math scores compared to other countries. $15,000 property taxes for dismal performance–thank the AFT and NEA for that. Schools–unions–contribution from unions to the Dems.—raise property taxes and start the cycle again.
LikeLike
This was reposted 10,000 times!?!?
LikeLike
She’s a Doctor ? In what ?
LikeLike
“Doctor of psychology and nationally recognized executive performance coach for individual. Experience”
LikeLike
And yet she’s still stupid.
LikeLike
I was just reading of some bankruptcies in the private sector and took a look at the private sector debt as opposed to GDP and it dwarfs the federal debt. It seems to me that low interest rates keep the borrowing machine humming along. I don’t mean just household debt but all sectors outside government. Nobody will deleverage with interest rates near zero.
LikeLike
This is the first time I’ve heard of no property tax idea but it’s not surprising. A lot (most) young people don’t understand local government funding so the property tax is a stunner to them when they first encounter it.
Don’t worry about the trillion dollar fed interest payment. The fed reserve is lowering interest rates to take care of that problem and to be able to handle the trillions to be added to the debt in coming years. If only people will keep buying treasuries while getting near zero interest on them.
LikeLike