The American Middle Class Is Being Destroyed By: Bracket Creep - Each Year Wages Increase. Over Time The Average American Finds Themselves In Higher Tax Brackets - Paying More In Taxes. Politicians Are Aware Of This: BUT DO NOTHING ABOUT IT !!!
The FED's (Federal Reserve Bank) Money Printing - The More Money The FED Prints The Less The US Dollar Can Buy. Combined With BRACKET CREEP (This Refers To The Incremental Increase In Taxes That Occurs When Wages Increase Due To Inflation) Remember: These EXTRA Dollars Buy LESS & LESS As The FED Prints More & More Money - Yet Americans Pay More AND More Taxes Due To BRACKET CREEP. As The Average American Finds Themselves In Higher & Higher Tax Brackets. Got It Now ??? I Hope So !!! If Not Try "Reading Around" On The Topic.