United States Government Ran a $587 Billion Budget Deficit During Fiscal 2016

During fiscal year 2016, the federal government took in $3.27 trillion.  However, it spent $3.85 trillion, resulting in a budget deficit of $587 billion. Individual income taxes brought in $1,546 billion and Social Security and other payroll tax brought in…

November 21, 2016

2016 Democratic Party Platform Proposes Raising Taxes and Setting up New Entitlement Programs

  The 2016 Democratic Party platform revealed its position on tax policy which, in part, addresses income equality and tax fairness. However, it brings with it tax increases and new entitlement programs. Although the Democrats promise to keep the national…

August 10, 2016

IRS Plans to Notify Victims if Social Security Number Used by Others to Obtain Employment

Identity theft is now rampant in the United States and around the world. Any entity that holds your private information including banks, hospitals and even the IRS are potential targets of identity thieves. If you are a regular reader of…

May 20, 2016

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