Tuesday, April 19, 2016

A Complex Tax System Prevents Americans From Saving

A Complex Tax System Prevents Americans From Saving: "Another tax day has come and passed only to once again remind us of the increasing financial burden that government places on individuals and families each year. Unfortunately, as taxes and onerous regulation continue to increase, the U.S. personal savings rate has decreased to 5.5 percent. Our savings rate was two to three times higher than that in the 1970s and 1980s, with a peak of 17 percent in 1975."


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