Damn Those Bush Tax Cuts ....

silk

silk

Well-Known Member
ViRedd said:
Federal revenue is at an all time high ... thanks to the tax cut. I'd like to see another tax cut, but it won't happen now that the Party of Envy is in power. If a Democrat is elected president in '08, watch for a record tax increase, probably even retroactive, ala Clinton.

Vi
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I agree with your prediction. However I disagree on cutting taxes. We are still piling on debt. The FED is most likely underestimating inflation and our eonomy is sitting on a stockpile of what Greenspan called debt of mass destruction (mortgages). I really can't see any better alternative then withdrawing from Iraq.
 
ViRedd

ViRedd

New Member
Actually, I believe what we need is a complete overhaul of the federal government cutting out all bloated bureaucracy along with a change in the entitlement mentality of the American people.

If you are correct about the Fed, and I don't doubt you at all, we are in for some serious money tightening. Probably not until after the '08 elections though. Let the good times roll! *lol*

Vi
 
medicineman

medicineman

New Member
ViRedd said:
Actually, I believe what we need is a complete overhaul of the federal government cutting out all bloated bureaucracy along with a change in the entitlement mentality of the American people.

If you are correct about the Fed, and I don't doubt you at all, we are in for some serious money tightening. Probably not until after the '08 elections though. Let the good times roll! *lol*

Vi
Click to expand...
Bah-Humbug...................
 
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