Neo-liberal rhetoric often laments the financial woes of average Americans. Whether it be savings, retirement, or income, they strongly believe that free market capitalism created various problems and that government largesse can fix it.
I usually view the issue from a strict economics perspective, but then I considered how my own financial situation might relate to other people. After digging up two-year old pay stubs, one thing stuck out: federal taxes. I am by no means a high income earner – especially two years ago. Despite that, however, I was losing thousands of dollars to the federal government.
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