Economics 101!

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juliannerow1
September 29, 2009

Economics 101! Middle Class A Thing Of The Past! The middle class workers that have been laid off are finding out they can make more money by staying at home or getting a lesser paying job. With ...

Economics 101! Middle Class A Thing Of The Past!

The middle class workers that have been laid off are finding out they can make more money by staying at home or getting a lesser paying job. With all the government hand outs that go to the lower class of wage earners, people are wondering why work so hard, lesson, economics 101.

The government is punishing us for extra work effort. If you make $60,000 or less a year your lightly taxed, the next $60,000 plus is taxed at 79% tax rate. Given a choice of the lower income and the government hand outs or the higher income with extra stress and less time at home with your family, more and more people are becoming lower class wage earners, which in turn means less and less middle class.

People that are in the middle class tax bracket wont qualify for their earned income credit, their per child college credit, or their first time home buyers credit., because they make to much. With the amount of money the middle class earns and not getting any government benefits because of the amount their paid, they wind up paying almost more than the rich are taxed, which is 35%.

The worst part of all, married couples are being punished. What happened to the American morals? When a single persons social security income reaches $34,000, or when a married couple reaches $44,000, they are taxed more. If a couple lives in sin, one person makes $30,000 in social security and the other person makes $30,000 in social security, combined they make $60,000, but since their not married they are both taxed separately in a lower bracket. What has our government morals come to, to push people into living in sin just to survive?

I say its time to stop depending on the government economics. Forget about being in the lower class or even the middle class of wage earners. Lets all be in the rich bracket of earners. In todays economic 101, the top earners are all on the internet. An internet marketing business can put you in the rich bracket as there is no recession on the world wide web. Middle class a thing of the past, you bet, with an internet marketing business! Julianne Rowat

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