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Helping the average wage earner?
For the average wage earner, income has declined in recent years.
The purchasing power of the average wage earner has declined by 20 percent since 2008, he said.
An average wage earner already see less than a 2% return on their Social Security tax dollar.
One hundred years ago, John D. Rockefeller lived a very different life than the average wage earner, who worked six days a week, never took vacations and had no access to the world's culture.
In Shanghai, where bread is not a staple food, it takes 143 minutes of work for the average wage earner to afford the bread, compared with 75 minutes for a Big Mac.In this section PURCHASING POWER ECONOMY FINANCIAL MARKETS Reprints.
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As a result, average wage earners are paying Westfield and Google's tax for them.
He said over the past 12 years minimum wages had gone in the opposite direction to the average wage earners.
Of the average amount paid in tax [by average wage earners in a year], about 37p is spent on overseas aid.
If average wage earners pay on 100 percent of their incomes, certainly those who get the highest payout from Social Security should pay at least a greater percentage of their incomes than they do now.
The Internal Revenue Service can delay changing withholding tables for average wage earners if it chooses, on the assumption that their tax cuts will be preserved under any possible compromise, thus forestalling any impact from the fiscal cliff on the vast majority of Americans.
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CEO of Professional Science Editing for Scientists @ prosciediting.com