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Old 01-18-2008, 12:34 PM
 
1,377 posts, read 4,221,102 times
Reputation: 997

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I heard today they will be approving a $145 billion tax relief bill, but my question is how that will affect the average person. Is it just for interest rates, sales tax, do we get a bigger refund? Does anybody know?

Bush Calls For $145 Billion In Tax Relief - Money News Story - WKMG Orlando (http://www.local6.com/money/15082101/detail.html - broken link)

 
Old 01-18-2008, 12:43 PM
 
548 posts, read 543,922 times
Reputation: 126
As usual, it will benefit the large corporations the most. The rest of us may get an average of $800....maybe.

But this is just more of the same, acting like we should never have recessions or tough economic times.

The government is out of ammunition, the people are broke, the housing market is grossly overpriced. This time, no matter what delay tactics anyone tries, a recession, which is part of the normal economic cycle will have to run its course.
 
Old 01-18-2008, 02:41 PM
 
Location: Hernando County, FL
8,489 posts, read 20,691,595 times
Reputation: 5397
Quote:
Originally Posted by CJFlorida View Post
As usual, it will benefit the large corporations the most. The rest of us may get an average of $800....maybe.

But this is just more of the same, acting like we should never have recessions or tough economic times.

The government is out of ammunition, the people are broke, the housing market is grossly overpriced. This time, no matter what delay tactics anyone tries, a recession, which is part of the normal economic cycle will have to run its course.
If you are in a car going 60 miles an hour towards a brick wall do you keep going full speed just because you know you will hit it or do you try to step on the brakes and slow down to minimize the impact?
 
Old 01-18-2008, 02:47 PM
 
Location: The Conterminous United States
22,584 posts, read 54,410,908 times
Reputation: 13615
Hard to discuss since the specifics haven't been decided, yet.
 
Old 01-18-2008, 03:40 PM
 
Location: Living in Paradise
5,701 posts, read 24,193,083 times
Reputation: 3065
Posted in the wrong forum, not unique to Fl. Thread closed...
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