One reason one might suspect that the good ol’ U.S.A. has devolved into something a little different than what the Founders had in mind is taxation. Since the advent of the current federal income tax in 1913, more and more of our money is being taken away from us by taxes. Our governmental overlords feel they have the right to tax every transaction, every piece of property, every event, every idea, and every little thing in our short little lives. And make no mistake, what our overlords allow us to keep of our earnings and savings and assets is strictly due to the goodness in their hearts, so shut your trap and get back to work. Our overlords, however, tell us that we’re overtaxed, and that reducing the tax burden will unleash a torrent of new economic activity and all will be blue skies and lollipops if we’ll just cut tax rates. But when they talk about income tax cuts for the middle class, they’re being dishonest. I recently did the math and discovered...(Read Full Article)