It soaks 230 million Americans every year, and the 'take' is tens of billions of dollars. Prices rise, and salaries rise along with them, but every time they go up a notch, you go into a higher and higher tax bracket with no increase in standard of living to show for it. While bracket creep is a nightmare for working Americans, it's tons of fun for the big spenders in Congress. Without ever having to put their necks on the line by voting for tax increases, they can spend and spend, inflate and inflate, sock you with bracket creep and laugh all the way to the bank. Fortunately, there's a way to stop the rip-off, and it's called indexing.
Indexing means that tax brackets 'float' with wages and prices.
No matter what happens to inflation, if you earn a moderate salary, you pay only moderate taxes, and the only way government can raise your taxes is by passing a law that all can see. Perhaps it is because we do not know how to properly display the flag. The annual Honor America celebration will be observed from June 14 through July 4. With Flag Day coming up June 14, it would seem appropriate to learn how to properly display the flag. The flag, of the United States of America, when it is displayed with another flag against a wall from crossed staffs, should be on the right, the flag's own right, and its staff should be in front of the staff of the other flag.