In Memory of Carol Ann

Dedicated to Erin Elizabeth and Deanna Carol


Any society that would give up a little liberty for a little security deserves neither and will lose both.

Benjamin Franklin.













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Thursday, January 28, 2021

Markets in Turmoil Biden says buy: Depends


If you really want to help the American People, lets start by eliminating income taxes on those who earn less than $50000 annual incomes. Much better than proposed $15 minimum wages. Increasing the minimum wage from $ 7.25 hourly to $15.00 hourly will effectively double the amount of tax collected to the Fed IRS. Regardless of party Congress is a failure in bookkeeping. Since we are running a 28 trillion dollar deficit the interest on the debt swamps your ridiculous $15 proposal. Give us a break Joe. C'mon man!!!! Doubling the minimum wage will only double the cost of living. Reduce taxes and the people win.

I do agree if we reduce pay to Congress to a maximum wage of $15 dollars a much better idea. Same for the President and Vice. $15.00 per hour for Congress better reflects the true value of their worth. Much more cost effective and a extra incentive for them to really serve. Cut Spending in half is the answer, not spend more

In God We Trust

Tom

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