Tag Archives: President Bush

Estate Tax and Its Impact on You

By Patricia L Johnson How would you feel about not having to pay taxes on the first $5 million in income you receive in any given calendar year? Each year the majority of us file an income tax return with … Continue reading

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The Effects of Tax-Financed Spending v. Debt-Financed Spending

By Patricia L Johnson and Richard E Walrath President Clinton was voted into office in 1992 and served for eight years. When he took over the office of President we had three tax rates, 15%, 28% and 31% and the … Continue reading

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What would Warren Buffett say to the National Commission?

By Patricia L Johnson and Richard E Walrath President Obama’s Executive Order of February 18, 2010 established the National Commission on Fiscal Responsibility and Reform whose mission includes: “identifying policies to improve the fiscal situation in the medium term and … Continue reading

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What Was the Intent of Our Founding Fathers on Taxes for the Rich?

By Richard E Walrath and Patricia L Johnson The very first year the U.S. began taxing there were 7 tax rates beginning with the minimum tax rate of 1% and a maximum tax rate of 7%. It appears our founding … Continue reading

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