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Old 01-25-2008, 03:08 AM
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Default Tax rebate
You could get your tax rebate by May!!
Rebates for families, ((business tax cuts)) to boost the economy!!

not to long ago we raised the mid wage, in that bill was a nice fat business tax cut that was without merit.
we gave a $1 to the lowest class worker while giving big business "billions" in tax cuts...less then one yr ago.

This new so called "help" will help the ones who need it most in the short term of things, I totaly agree.about two-thirds of the tax relief would go out in rebate checks to 117 million families. Businesses will get $50 billion in incentives and this is before the house gets its chance to filibuster the shit out of it.we all know they can't pass anything in a timely manner, if at all.


while this is a 1 time check for the lower income people, this is a running tax break,not a one time deal on the business side if this "help"
some will say that the business tax cut is needed and it will "boost the economy" I say bullshit!!
first, we would have to once again borrow from lets say china at a non-fixed % rate.we then borrow from the reserve at another non-fixed % rate to pay for the first % rate.who pays the reserve and that % rate? the reserve does on behalf of the people at(you guessed it!!)a non-fixed % rate.so how does this work?It doesnt 1- 1- 1- +1=
*rates are determined each and every day in the global bond markets

besides shouldnt the people charge a % rate for every month that the irs is late with the refunds?
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Last edited by joepro; 01-25-2008 at 03:11 AM..
 

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