Economic Perspective

We have to look at the Federal Government fiscal and monetary policy to accumulate and protect our wealth. The Federal fiscal policy never changes. It is taxation, taxation, and more taxation. Most people have to work until June 1st to meet all of their federal and state tax obligations. United States citizens, unlike most sovereign nations, are taxed on worldwide income.
Many of you are in the United States who are in the process of filing your 2013 tax returns may discover that your standard of living is falling even as your income is going up because of taxation. The middle class is shrinking not expanding because of inflation and taxation policies.


