The new tax extensions will hurt 45 million households in America. There are roughly 100 million households in America and this new extension just took an average of $400.00 from 45 million of them. That isn’t a lot of money to some but it is to most of the families that are just getting by already. When the average median income (adjusted for inflation) is already lower by $800.00 and taxes already up 25% to those people since 1970 anyway. Add on top the $300-$500 a month they pay in extra interest on the homes and cars and the like and we have a recipe for even more economic problems in America. I tend to lean more Republican generally. I have never seemed to agree with Democratic ideologies even though they have good ideas as well occasionally. Does either party possess the ability to be fair, or does our system today need overhauling? Since the Berlin Wall come down have we become them instead of them becoming us? This new passage by the House and Senate has startled me. I knew something needed to be done. It seems our country discards the poor more often now because they generally have no understanding of the reality of what’s really happening. That’s not right. In my opinion our country has shifted away from its founding principles. There is no longer a judicial equilibrium in our law making or enforcement.

Most things Americans buy has a hidden tax cost of an extra 30%. Things like gasoline, tobacco, and healthcare. Most things manufactured have hidden costs because of unfair legislation from the EPA, OSHA and others. There is no parity left for the wage earner or small business owner. What’s scary is soon there will be no parity left for wage earners, small businesses or medium businesses. Where does it end? We may already be there, we’ll know soon.

Our costs on 5 heavily regulated items now take 75% or more of two wages in a household every month when in 1970 it took 50% of one income to cover the costs on the same items. It makes it impossible for small businesses and hourly laborers to compete on a level playing field. It has caused rural communities to dwindle and greater economic segregation in larger towns and cities. Most Americans are angry and frightened when they forecast their immediate future because they’ve no longer got rights and choices they once had. Americans fear their own government more every year. They feel less free, more taxed and have a bleaker personal economic future. Until recently it was just a feeling. Now it can be proven. It’s important to mention entrapanurism is no longer rewarded but actually made more difficult by our regulations, lending practices and laws disguised to help the little guy/gal when in reality the result is opposite. This single attitude launched American prosperity and now is being looked down at. We have become a consumer society with an attitude that Uncle Sam will fix all our woes when it’s Uncle Sam that we’ve let create more problems than it’s helped correct. As many Americans set around the kitchen table figuring out what they can do without, our government spends piles on the pork. They claim it’s nothing to worry about because it’s such a small percentage of what they spend. It’s just a little thing they say.

We’re still the richest most productive nation in the world. Overall that’s true. In reality there exists a dilemma. 1% of Americans hold as much wealth as 90% of the other Americans. I’m from a school of thought that people who make it big deserve the rewards (and pain sometimes) of what they’ve accomplished. I’ll tell you this. They are not paying as much tax percentage as the average worker. There are tax loopholes they legally take advantage of. Most Americans don’t want anyone to pay unfairly. Even the rich. They do want everyone to pay their fair share. Even the rich. It’s been estimated that closing the tax loop holes would create 1 trillion dollars in revenue. That’s what the IRS collected last year overall. Fairness and parity is what Americans want. We are the one that will ultimately cause this. We control it by gaining knowledge. I’m not talking about college knowledge. I’m talking about gaining knowledge about how to make things here fair. The knowledge I’m speaking of is knowledge about the true workings and corruption of power and money that’s caused these feelings and realities of economic despair of the 90%. The seemingly little things like errors on credit reports that’s caused 30 million or more not to be able to even finance goods and services and another estimated 80 million or more people paying $300-$500 a month more than they should on homes, cars and insurance. Large conglomerates feeding off innocent families and preying off natural human faults like instant gratification and the fear of the unknown. The 90% are long on worries and short on happiness today in America. We can change this by taking heed of the things we can make a quick difference in. Many can change their quality of life just by improving their credit score 100 points. 45% of Americans have enough errors on their reports to change their quality of life in a few short weeks or months. I’ve been taught that if a person takes care of the pennies the dollars will take care of themselves. I wish it were just pennies I was talking about. It’s actually billions. The credit reporting agencies, national lending conglomerates and government just make it seem like pennies until one adds it all up.