Monday, December 19, 2011
Is Bailout is a form of Tax, but different word.?
In my life time in the USA I saw two bail outs by two presidents that cut tax for the rich, and increase spending on WAR MACHINES. American people just love not paying tax during these two presidencies, but every time at the end of these two presidencies we got bail out. In 1988 we bailed out $90 billion something; this time we have bigger bail out because we have bigger tax cut and bigger government spending on war machines. So in order to get vote from the current tax payers these two presidents just said " NO TAX for you generetion vote for me". But later on their years in office they piled up national debt and put more tax on this generation and may two more generations to come. These next two generations have nothing to do with electing these two guys to the White House, should they take the burden of taxation bail out from our generation?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment