View Full Version : Democrats Latest Tax
secret-steve-crumbles
09-29-2008, 03:06 PM
I know this may shock some people, but guess what the Democrats want to do. Give us more taxes! How sweet of them! I never in a million years thought that taxes would be part of their bailout plan. Ever. I'm shocked.
Nancy Pelosi wants a tax on Wall Street (http://www.reuters.com/article/bondsNews/idUSWBT00986620080927) if this bailout ends up costing the taxpayers any money.
Oh, and remember, Pelosi still says that the Democrats had nothing to do with this mess at all. Hahaha, what a stupid bitch.
masherscf
09-29-2008, 03:16 PM
Current US population is 305,289,305
Estimated cost of bailout is $700,000,000,000.
A quick division yields the following quotient.
$2,292.90 per person.
So, your family's share of the bill is about $6,900.
Will that be cash or check?
phatlip12
09-29-2008, 05:24 PM
So whats your take on how we should pay for this? The bailout is going to happen regardless of what you think about it. Wheres the money going to come from?
I guess we could always print more money thus weakening the dollar and putting us further in debt. That sounds like a great way to strength the economy!
masherscf
09-29-2008, 07:13 PM
So whats your take on how we should pay for this? The bailout is going to happen regardless of what you think about it. Wheres the money going to come from?
I guess we could always print more money thus weakening the dollar and putting us further in debt. That sounds like a great way to strength the economy!
The government will issue bonds and warrants to cover the expense. These will be bought by China, Dubai and Saudi Arabia. In 15-years, people will stop fearing the Commies and the Muslims because they'll own the place.
tokenuser
09-29-2008, 07:18 PM
In this case I think they are taking stock and equity in the companies, much like Sweden did several years ago in a similar situation.
Once the mess is dealt with, the companies will be buying back the stock with interest.
I need to read the full terms of this one.
rabidbadger
09-29-2008, 07:33 PM
I know this may shock some people, but guess what the Democrats want to do. Give us more taxes! How sweet of them! I never in a million years thought that taxes would be part of their bailout plan. Ever. I'm shocked...
Um, this is why, beyond all the usual reasons, I can't take you seriously at all, in any way, with political issues.
It's irrelevant now, for now, anyway.
secret-steve-crumbles
09-29-2008, 07:43 PM
Um, this is why, beyond all the usual reasons, I can't take you seriously at all, in any way....Maybe I could just trash people in emails about them being rich? Would that be more up your alley.
...I don't see what's so objectionable about this. Wall St. was supposed to pay the government back for their loan, and they were going to take it through taxes if Wall St. refused to hold up their end of the bargain. That's just holding Wall St. accountable for their misdeeds.