Tag: middle class

Majority of Canadians Say the Country Is ‘Headed in the Wrong Direction’: Internal Federal Poll

A confidential poll last year indicated widespread concerns expressed by Canadians who think the federal government is not leading the country in the right direction. “Most were of the view the country was currently headed in the wrong direction,” said the Nov. 4 poll, reported to the Privy Council Office, and obtained by Blacklock’s Reporter….


[PREMIERING NOW] More Divided Than Ever, Time for National Divorce?

Civil War America was split by region: north and south. Today, it’s worse—divided not just politically but socially, too, with the working- and middle-class versus the laptop elites. Should we part ways before it gets even worse? Or maybe the solution to our troubled union is found in the Constitution. In this controversial new episode…


More Divided Than Ever, Time for National Divorce?

Civil War America was split by region: north and south. Today, it’s worse—divided not just politically but socially, too, with the working- and middle-class versus the laptop elites. Should we part ways before it gets even worse? Or maybe the solution to our troubled union is found in the Constitution. In this controversial new episode…


[Premiering at 10AM ET] More Divided Than Ever, Time for National Divorce?

Civil War America was split by region: north and south. Today, it’s worse—divided not just politically but socially, too, with the working- and middle-class versus the laptop elites. Should we part ways before it gets even worse? Or maybe the solution to our troubled union is found in the Constitution. In this controversial new episode…


Governments Will Make You Poorer Again

Commentary The International Monetary Fund has warned about the optimistic estimates for 2023, stating that it will likely be a much more difficult year than 2022. Why would that be? Most strategists and commentators are cheering the recent decline in inflation as a good signal of recovery. However, there’s much more to the outlook than…


New IRS Requirement Raises Questions About Vow to Expand Audits Only on ‘Rich’

Commentary Next month, the U.S. Postal Service will be busier than usual. Not because of late Christmas cards or thank-you letters, but because of the extra Form 1099-Ks the IRS will be mailing out. Under the American Rescue Plan, third-party payment facilitators like Venmo, eBay, Etsy, and Airbnb are now required to send Form 1099-Ks…


California Is Impossible for the Middle Class

Commentary As we head toward the end of another year, I’m remembering several friends who left in 2022 for cheaper states. And I’m thinking about several other friends who are planning on leaving in 2023 or 2024. The fact is California is difficult, often impossible, to live in if you’re in the middle class. The…


There Really Is No Middle Class Any Longer

Commentary  There was a time when a large portion of Americans belonged to the “middle class.” It meant you could afford a decent living standard, such as owning a house and a car and had savings in the bank. When “baby boomers” reminisce about the “good ole days,” they are referring to when being middle-class…


Inflation Hits Middle-Income Americans the Hardest, Says Congressional Budget Office

Middle-class Americans were the hardest hit group by skyrocketing inflation in 2022, Congressional Budget Office (CBO) says. Inflation has cut into the finances of the middle class more than that of low- and high-income households, according to a CBO report from Sept. 22. Annual U.S. inflation rates have hovered in around the low- to mid-8 percent…


Senate Republicans Introduce Bill to Block ‘Super-Sized IRS’ from Targeting Middle-Class Americans

A group of Republican U.S. senators introduced a new bill on Sept. 11 designed to curtail the growing power of the Internal Revenue Service (IRS). The bill, which is sponsored by Senators James Lankford (R-Okla.) and Mike Crapo (R-ID), responds to the Inflation Reduction Act signed into law in August, which allots $80 billion of additional funding…