Low TAX!
Inflation Calculator | Find US Dollar's Value from 1913-2013
In 1970, I made 20 thousand dollars.
As a deckhand.
and paid 10% in tax.
In 2012, I made $115 thousand.
As a captain. And paid 30% tax.
Unfortunately, $20 thousand in 1970 is equal to $120,400 in 2013.
I have LESS buying power at the TOP of my profession, and taxed at 3X the rate as I did when i was at the entry level position!
The REAL tax on americans, is the overspending, printing money, INFLATION tax.
Everybody ends up in a higher TAX bracket, but with a LOWER salary.
Only govt and govt programs benefit.
While working citizens are ROBBED!
Those running the govt LIKE inflation because the NATIONAL DEBT is devalued by inflation and it's a FAIR tax nobody had to go on record voting for!
Fair tax only because it devalues ALL the dollars, those of the rich and poor alike!
We owe LESS REAL National Debt, because the money has LESS value than when the govt borrowed it!