Quote:
Originally Posted by onwebcam
This bailout costs each and every person in the US over $6000 and we get what out of it? A $500 tax break and a bigger government.
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No... it doesn't cost each and every person in the US over $6000. That would be if each and every person paid an equal amount of taxes. What it amounts to is those that pay the most tax (the wealthy) paying a lot more ..... maybe in the range of $100K or more.
When 5% of the population pays over 50% of the tax, this isn't a bailout plan, it's an immediate and punishing tax on the currently but soon to not be wealthy and anyone that has money over the next few decades as someone has to pay it off at some point.