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Guru
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Obama Proposing $1,000 Tax Cut For Most Families
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There is, of course, much more to his stimulus plan than this weak headline. What do you think of the Obama stimulus plan as it is presently being floated? |
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Last edited by oldreliable67; 01-08-09 at 11:17 AM. |
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Banned
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Re: Obama Proposing $1,000 Tax Cut For Most Families
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Beyond that, IMO it is important that the government reintroduce fiscal responsibility in the budgets. |
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Navy Veteran
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Re: Obama Proposing $1,000 Tax Cut For Most Families
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#4 |
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Re: Obama Proposing $1,000 Tax Cut For Most Families
This piddling amount to those of us still working, or retired and don't need it, adds up to a big waste of taxpayer dollars and a larger national debt.
A measly $1000 for me and my wife is nothing, assuming we will qualify for it having a 6 figure retirement income. I would rather the money be spent in a way that creates a JOB for some poor person... |
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Education is expensive, ignorance is costly. Each generation should have more opportunities than the last, but not at the expense of the next. |
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#5 |
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Thinkical Criticking
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Re: Obama Proposing $1,000 Tax Cut For Most Families
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__________________
"The barbarous custom of having men beaten who are suspected of having important secrets to reveal must be abolished. It has always been recognized that this way of interrogating men, by putting them to torture, produces nothing worthwhile." - Napoleon Bonaparte to Berthier 11 Nov 1798 Napoleon on the Art of War |
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#6 |
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Educator
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Re: Obama Proposing $1,000 Tax Cut For Most Families
Wouldn't those families have to pay a $1000 worth of tax first?
40% of those 95% don't pay taxes. Go back to sherwood forest robin hood. |
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#7 |
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Conservative Independent
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Re: Obama Proposing $1,000 Tax Cut For Most Families
The better thing to do is to lower business tax as well as get rid of the "hidden taxes" on small businesses and businesses in general.
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#8 |
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GIRTH 2.0
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Re: Obama Proposing $1,000 Tax Cut For Most Families
I'll believe it and appreciate it if/when I see it in the mail.
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__________________
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf. |
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#9 |
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Sage
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Re: Obama Proposing $1,000 Tax Cut For Most Families
a better stimulus would be one that encourages the "haves" to spend some of their hoarded money so the "have nots" can be employed.
Lower the tax rates on the middle class, especially those of us with several hundreds of thousands in IRA funds. The least we should get is the same capital gains tax rate as the rich. When we started our IRA's, we were being taxed at a much lower rate than now. How the heck did THAT happen? I will never again be involved with any investments that involve Wall Street, and will encourage my grandchildren to invest in real estate instead. Long term, it is as good as Wall Street promises they will be, with much less risk.... |
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Education is expensive, ignorance is costly. Each generation should have more opportunities than the last, but not at the expense of the next. |
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#10 |
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Budtender
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Re: Obama Proposing $1,000 Tax Cut For Most Families
Great thought!
If the truly wealthy, those with ultra high incomes ($5 million or more) would stop hording their money and buy at low prices, it will also create a multiplier effect. The only issue is: will they (prices)go lower? Once the high income earners feel more upbeat about the economy, they will again begin to spend and invest (to increase net assets). Maybe this is the subconscious goal of TARP and future stimulus? |
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Be mindful of the future, but not at the expense of the present. For in the present is where we shape our future. Last edited by Goldenboy219; 01-16-09 at 12:18 PM. |
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