(Even More Of) Your Tax Dollars At Work
When the republicans first got into power and Bush bought the election, they finally got to shove their tax cut package down our throats. They hoodwinked a lot of folks into thinking that it would actually help THEM, but many are finally seeing that it is only for the rich. And at first, they could show they were doing good by using up the surplus that we'd built up during the Clinton years. But the ill-fated war and now the disasters have made that just a faded memory. So how do we finance tax cuts for the rich? Raise taxes for the middle class!!!
President Bush's tax reform panel, which is expected to send him its recommendations by November 1, is proposing to scale back two of the nation's most popular tax breaks, for home mortgage interest and employer-paid health insurance.
Most folks have a hard enough time paying their mortgages and most have these adjustable interest rate mortgages that are going to REALLY start adjusting now that interest rates are going up. Fortunately, the husbear ( kiwi59) and I refinanced to a fixed rate this past summer. And healthcare costs are going thru the roof!!
Typical.
President Bush's tax reform panel, which is expected to send him its recommendations by November 1, is proposing to scale back two of the nation's most popular tax breaks, for home mortgage interest and employer-paid health insurance.
Most folks have a hard enough time paying their mortgages and most have these adjustable interest rate mortgages that are going to REALLY start adjusting now that interest rates are going up. Fortunately, the husbear ( kiwi59) and I refinanced to a fixed rate this past summer. And healthcare costs are going thru the roof!!
Typical.