A 'Rich Guy' Speaks Out Against Higher Taxes (Part 1 of 2) By Cliff Ennico
You don't know me. My name is Joe, and I make exactly $250,000 per year before taxes.
You don't know me. My name is Joe, and I make exactly $250,000 per year before taxes.
Voters still view the Federal Reserve Board's performance with skepticism and are evenly divided when asked whether the Fed chairman or President Obama have more clout when it comes to the economy.
TO: O. Leo Leahy, Drama Teacher
FROM: Political Correctness Committee, Nunzio Saccamano High School
This memo concerns your field trip to take students in our Dramatics Club to see the Broadway musical "How to Succeed in Business Without Really Trying." We understand the students are very excited to see Daniel Radcliffe (who played Harry Potter in all those movies) in the starring role, although some were disappointed that he isn't running around naked as he did in "Equus" a couple of years ago.
Ben Bernanke held the first-ever press conference by a chairman of the Federal Reserve Board on Wednesday and plans even more. Many voters think this increased transparency by the nation's chief banker will be beneficial to the economy, although they still have mixed feelings about Bernanke himself.
I hope you were as amused as I was to read about the recent discrimination lawsuit against Resorts Casino Hotel in Atlantic City, N.J.
"I've been running a small service business for a while now, and it seems like I have problems with every client these days. Most don't pay on time -- I have to remind them every month to pay their invoices, and a couple have stopped returning my phone calls altogether.
"My two brothers and I have run a successful service business for more than 20 years, which we run as a 'C' corporation.
Confidence in the stability of the U.S. banking system is up a bit this month but still remains at discouraging levels.
Americans feel more strongly than ever that the lack of immigration law enforcement directly effects poverty in the country.
Some Republican members of the House are crafting legislation that would include a work requirement for those who receive food stamps. Most Americans are on board with that plan.
Concern about inflation is increasing, as Americans say overwhelmingly that they are now paying more for groceries and expect to pay even more for them in the future.
A new Rasmussen Reports national telephone survey finds that 56% of Adults are Very Concerned about the threat of inflation. That’s up from 52% a month ago and 48% at the first of the year.
At a time when most Americans believe there is more poverty in the United States, many question the effectiveness of government anti-poverty programs and believe they cause more of the problem they're supposed to lessen.
Despite the billions of dollars spent on government anti-poverty programs, a majority of Americans nationwide still believe there are more poor people in the country today than there were 10 years ago.
April 18 is only two weeks away. So you would think I would do a column at some point about last-minute things you can do to save money on your taxes.
Americans are used to being taxed for good and services they purchase in person, but they remain opposed to carrying that over to the online world.
"I started an online business last year. We've had an amazing run so far, with more than 10,000 unique hits every day on our website and a 30 percent gross profit margin on sales of more than $250,000 in our first year. Our site has been written up in some major magazines, and we are getting attention from industry bloggers who have rated our site very favorably.
"Maybe we have been getting too much attention...
The number of Americans who think the U.S. economy will spiral into a depression similar to the 1930’s is at its highest level in two years.
Americans are now showing less optimism for long-term economic recovery than ever before.
"I lost my job as a financial executive last year, and have been looking for work in corporate America since then, mostly in the northeastern United States, where I live. I have come to the conclusion that there are few if any corporate jobs available for someone my age (I am in my mid-50s), experience level (I have been working in finance for almost 30 years) and salary range (I was making about $150,000 per year in my last position). Most large corporations want younger people who won't demand the salary and benefits I need to pay my mortgage and keep two kids in college. A number of people have suggested I look for work in a smaller, more entrepreneurial company. The idea is an attractive one, but I'm not at all sure how to go about it. Do you have any suggestions?"
The Obama administration has acted on the belief that increased government spending is good for the economy, and a solid plurality of voters recognize that this view is not widely shared by the American people.