
Originally Posted by
kygorski
Again with the taxes. When did we last have a federal tax increase? I think about 11 yrs ago, sure there were some deductions that were cut, but they didn't affect any major segment of the population.So these "no new taxes" were touted as the way to a booming economy, full employement,For some reason, it seemed to fail in interpretation.Federal bail outs, so far the car companys have either paid back the money, or are almost there.The banks, yes they are paying it back, by charging us interest on the money we are borrowing from them, when we made minimum interest loans to them.Canada, Germany, France, also bailed their auto companys out of trouble.Some day some pol will eventually bring up the only way the federal government can stay in existance is through taxes. No taxes, no FEMA,no military, no agriculture subsidys, in fact very few helpfull programs, like pell grants, student loans, FDIC,with this recent flooding, and storm damage, where did the states turn?