Tuesday, August 14th, 2018, PM.

Today, there were some interesting facts coming out about taxation. During the first 10 months of this fiscal year, 1 trillion 415 billion dollars came into the treasury department. That is a record. The 2017 total does not compare. Here is the kicker, we are running a 684 billion dollar deficit. This makes me believe that the politicians in Washington have a spending problem. I'm talking about all politicians, Democrats and Republicans. So here are 2 lessons we should learn from this information today. First lesson; Politicians don't care that we owe 21 trillion dollars because it's not real to them. They will spend as much as they need to win their next election. Second lesson; tax cuts increase the amount of revenue being brought into the treasury department. Lower taxes creates more earning power and the more people earn the more they will pay in taxes.

Written by, Armando ~ PSM-801