Nothing is more frustrating than buying groceries or completing a shopping trip and being rung up at the register only to find out your total cost is much more than anticipated. This is because of sales taxes. Many people often forget about sales taxes but get a rude awakening when making purchases, especially larger ones, because sales taxes are a fixed percent. The bigger the purchase, the bigger the sales tax.
The Growing Wealth Gap: A Problem for the United States
A startling statistic was highlighted in a recent article by Daniel de Visé for USA TODAY: the top 1% of American earners now control more wealth than the nation's entire middle class. This statement, backed by Federal Reserve statistics, puts into perspective the...