Tag Archives: Warren Buffett

Should corporate taxes be lowered when the effective tax rate of corporations is only 12.1%?

President Barack Obama and Rick Santorum, and virtually every Republican politician are calling for a decrease in corporate tax rates. But is this justice for the average American citizen who pays a much higher effective tax rate? Cenk Uygur presents a compelling argument on how the tax burden has been shifted from corporations to individuals through the payroll tax mechanism. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , , , , , , , , , , , | 2 Comments

The conflict between the rich and the poor has become very strong over the past two years.

The rich are getting richer and richer, and the middle and working classes poorer and poorer. And the American people are getting pissed over the ever growing economic inequality. Will there be an uprising here in the United States similar to what has been occurring in the Middle East? Cenk Uygur discusses how our system is “fixed” and our politicians are bought by the rich. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

Deja vu all over again? Paul Ryan’s plan to end medicare is just another example of voodoo economics to give to the rich

Paul Ryan’s plan to cut medicare to give tax cuts for the rich is another example of voodoo economics. Trickle down economics has been modified now into tax cuts for the rich to create jobs in America. Bush’s tax cuts for the rich lost millions of jobs for Americans. Will the American middle class continue to be duped by this nonsensical rhetoric of Republicans, a party of the rich, for the rich, and by the rich? Unfortunately, yes, because the American public are distracted by wedge issues and do not vote their wallets! Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , | Leave a comment