Well, my motto is to "hope for the best and plan for the worst" - I've done my planning, and I've certainly got a doom and gloom scenario, but I've also got enough faith in our current president and my fellow Americans that I don't think I'm being a complete idiot for thinking this too shall pass.
Time to cowboy up and quit whining. It isn't going to be easy, but nobody (whose opinion I respect anyway ) said it would be.
expire but meanwhile he is planning to limit deductions for high income earners. There are plenty of ways to raise taxes other than tax rates and Obama and his team will find more no doubt. Here's the problem and the Nixon comparison: people who make >$250,000 are giving themselves pay cuts to avoid the additonal taxes. This puts less money into a deflating economy, the exact opposite of what we need.
I guess Phil Gramm had it right
In an interview with the Washington Times, McCain's top economic adviser Phil Gramm tells America to suck it up and stop complaining about the economy:
I can say without equivocation that scootyb had nothing to do with the Current Situation.
Can we say the same about Phil Gramm? :scratch:
I think Obama is having fun messing with the minds of people who would decide to pay themselves less money to avoid taxes.
I am more than willing to pay more taxes on my income and profits .............. if he can fix the economy so that I actually have some! :roll:
Have no $ or make more $ but have to pay more taxes on it - that's a tough dilemma - NOT!
And sadly, part of the blame for the economic mess is mine too - I didn't do enough to make common sense and fiscal responsibility an epidemic!
Can we say the same about Phil Gramm? :scratch:
