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And Tax Hikes In The US Having Similar Effect To Greece

On the heels of our report about Tax Hikes in Greece┬áhaving the unintended consequences of REDUCING overall revenue, the New York Times is reporting similar consequences to the Payroll Tax Hikes here in the US. But, but, but if we raise taxes on the wealthy, won’t that solve all of our problems? Yeah right – … Continue reading

Imagine That – Tax Hikes Backfire On The Greeks

In what can only be described as Shock and Awe II, Greek politicrats were dumbfounded yesterday as reports came in showing that recent tax hikes did NOT raise expected state revenue. Instead, tax revenue in the economically bankrupt country fell by 16 percent in January. Our friends at ZeroHedge.com go on to state: tax revenues … Continue reading