Rocky Vega

When the wealthiest citizens can design tax shelters, Swiss and otherwise, and the poorest can either pay no taxes or receive refunds, the burden of generating US tax revenue falls squarely on the shoulders of the middle class. That same middle class essentially made up of those hardest hit by today’s correcting economy.

Robin Hood, a sort of redistributive folk hero, rose to fame by robbing from the rich and giving to the poor. How times have changed! Apparently, for the White House, it’s good enough to work that “magic” a few notches down… taking from the working-poor taxpayer and giving to the unemployed.

Rocky Vega

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let?s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

  • Captain Obvious

    Time to tax the rich.

  • jason

    That’s true, BUT the “No Job” guy is, or some will be, “Broke.” What we call “middle class” in the US is laughable. The median HOUSEHOLD income in the US is around $40-$50,000 a year. That’s just a living these days–it’s not really “middle class.” Especially when you consider that, with today’s economy, a household may include grown children who can’t find a job after high school or college, elderly parents or two working parents. The super rich really have it made, and they continue to scam the system, and take wild risks knowing that the so called middle class taxpayer will bail them out as well as take care of the unemployed. No wonder the system broke.

  • Model T

    Line up and get your nose into the trough.

  • ctmcmull

    Rocky —
    Thank goodness these sorts of issues are never more complicated than what can be portrayed in a cartoon. It sure saves you some heavy lifting, doesn’t it.

  • Inuvik NWT

    Rocky strikes again with another graphic funny, which is only funny to those of us with no debts and more income than outgo.

  • http://www.dailyreckoning.com Rocky Vega

    ctmcmull & Inuvik NWT,

    The cartoons are solely for generally illustrative purposes… no more.

    – Rocky

Recent Articles

The Next Car You Buy Will Be an Electric Car

Stephen Petranek

Electric cars are proving to be far cheaper to operate than anyone could have guessed. In fact, many people are now just getting the equivalent of thousands of mpg to their electric cars. And that's presenting a unique profit opportunity. Stephen Petranek explains...


A Treasure Chest of “Secret” Buy Signals

Paul Mampilly

The world's most successful investors almost always think differently. That's nowhere more apparent than when you're trying to invest in health care. Today, Paul Mampilly - one of the world's top biotech analysts - reveals one "secret" for making money from a predictable cycle in the industry. Read on...


Natural Gas: How to Stay Warm (and Profit) This Winter Season

Greg Guenthner

Right now, the city of Buffalo, NY is covered in five feet of snow. And while that may be bad news for those poor folks, it could be good news for you. Because now that another harsh winter is upon us... you have a massive opportunity for quick double-digit gains. Greg Guenthner explains...


Tip of the Day
3 “Dirty” (and Sexy) Ways to Boost Your Health Tonight

Chris Campbell

Warning: The following article is not for the puritanical. Today, Chris Campbell shows you three "dirty" health boosters you can use tonight to raise your immune system... improve your outlook on life... and make your partner a happy camper. Read on...


The Shock Doctrine: When Order Trumps Personal Freedom

James Rickards

When some event - be it a terror attack, financial panic or natural disaster - upsets the status quo, people are more willing to relinquish their freedom in favor of a greater sense of security. And that's when ambitious political leaders make their move... And as Jim Rickards explains, another such event could be right around the corner. Read on...