One of the worst government welfare programs around is allowing folks to deduct their mortgage interest and property taxes from their federal tax returns. Another bad program is excusing capital gain taxes on the first $500K of profits when a married couple sells their house.
Richard > On 9/28/07, Andy Sutton <[EMAIL PROTECTED]> wrote: >> >> On Thu, 2007-09-27 at 22:38 -0400, Richard M. Smith wrote: >> > U.S. debt stood at about $5.6 trillion at the start of Bush's >> > presidency. >> >> Stay tuned for a demonstration of the term "exponential function" >> >> Nothing like spending our way to prosperity! >> -- > > > As long as the american people want the feds to pay for everything, this > will continue. > > Katrina, 9/11 etc.. > > Amazing a lot of 9/11 victims got over a million bucks from the feds in > compensation... for what?? So they cant sue for even more? And yet the > survivors of the soldiers that fight and die for their country get a > pittance. > > People want congress to bail out people who cant pay their mortgage, > airlines that cant make a profit, They pay for bridges to nowhere... > Expensive tunnels under cities > > The interesting thing will be when over 50% of the american wage earners > pay > no income tax. > > At this point the bottom 50% of wage earners pay only 3.3% of the federal > income tax, but yet some in congress want to give all these people free > medical, free lunches, free educations, etc. even to illegal aliens! > > So until America wakes up and kicks the bums out, passes term limits on > Congress, we deserve what we get. I think the recent grassroots defeat > over > the immigration reform should have been a wakeup call for them. > _______________________________________________ > Fun and Misc security discussion for OT posts. > https://linuxbox.org/cgi-bin/mailman/listinfo/funsec > Note: funsec is a public and open mailing list. _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
