- In spite of Congressional dysfunction, the solutions exist. It’s the Economy, stupid! It’s always the Economy.
- If you have Student Loans, watch out, if you take extended payouts. Loan forgiveness, like credit card forgiveness or cashing in whole life insurance , is taxable as income.
- Home ownership is at an all time 30 yr low. While rental units are going vacant due to higher pricing.
The Middle Class can not afford either the cost of College, or home ownership or rental units. The Middle Class has been priced out of most markets yet we remain silent. Why aren’t we demanding facts and figures for Middle Class relief from our candidates?
There are solutions, they all include revenue to the Middle Class.
- There are ways to generate revenue: Bank lending for entrepreneurs, Mortgage lending for homes, job creation and taxing derivatives.
It’s not rocket science. We need revenue. The Middle Class can no longer pay into the system. Their jobs and education have been marginalized. According to the WSJ the class of 2016 will have jobs. What about the others already in the system, ” Where are their jobs”?
Where is it written that the Middle Class continues to suffer while Financial and Tax Reforms remain the sacred cows? Say no, to Corporate welfare, and yes to upward mobility for the Middle Class .
“the heart and pulse of the Middle Class”