Off-Topic: $1 Trillion in New Taxes
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Name:
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Council Roc Doc
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Subject:
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$1 Trillion in New Taxes
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Date:
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2/27/2009 1:32:32 PM
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So Hound, I would like to do my part to help stimulate the economy. There are truly once in a lifetime opportunities for purchase of investment real estate. I am keeping my head above water, paying more people in need to do the things that I would typically enjoy doing myself, and fortunate and thankful to be in the position to do so. But what about the trepidation I feel about my new increased tax rate, the new social security tax ceiling, new gas tax, dropped deductions for interest payments on my 1040, and on and on. I am very reluctant to spend the money to take advantage of the opportunity because of Obama's reckless decisions in the first 50 days of office. Very shrewd on his part, he will take my discretionary money first, redistribute it to those who pay nothing at all. We know from experience that this tactic is doomed to fail. The private sector, believe it or not, is willing and able to help jumpstart this economy, but will not make the decision to invest based upon pure fear of what is to come down the pike. So what would Obama say I should do?
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