What Happened To “The Millionaire Next Door”?

If you are like me, you first heard about the book, The Millionaire Next Door, from Dave Ramsey who mentions it in his seminars. I used to work as a grunt hourly-wage-earner (before moving on to being a grunt hourly-wage-earner-elsewhere) at Nashville’s late great independent bookstore Davis-Kidd, and remember Dave setting up his book table with his self-published version of Financial Peace before many people had heard of him. Dave used the book written by Thomas Stanley and William Danko to Read more […]

Romney Paid More in Taxes than 99% of all Americans

This came as a shock even to me. The media have been doing a great job in propagandizing for Team Obama by making a campaign issue out of the fact that Mitt Romney “only” paid around 14 percent in taxes. Consider the following from the mostly liberal Washington Post: “[A]bout 96 percent of all taxpayers have a lower average [Federal income] tax rate than Romney.” “More precisely, in 2010, somewhere between 90 and 95 percent of Americans had a lower effective income tax rate than Romney’s Read more […]