Quote:
Originally Posted by KevK
If this bailout is sooooo crucial and soooo important then we should be willing to pay for it by raising taxes! Every American should have to pay an extra $50 a month in a "bailout tax" that would go to the big bankers. I do not think it is right to just "add it to the deficit" and send the bill to my kids for it. I think we should pay for it.
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I do not think so.
A third of American households do not pay income taxes.
They budget, they plan and they itemize their taxes; in such a manner that they have no tax obligation.
They are doing exactly what the IRS tax code is designed to encourage people to do.
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