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Financial Bailout & Tax Breaks...Who really benefits?

Marlene R · Friday, October 3rd 2008 at 10:28PM · 188 views
Greetings Everyone,

Please read the article referenced below. Finally, uncle sam has reached a decision on the bailout plan. Who really benefits? I didn't see anything in this article on tax breaks for low-moderate income taxpayers. People earning up to $100,000. Anyone earning under $100K, whether single, head of household or one of the married filing statuses, doesn't get any relief under this plan, AND WE'RE THE MAIN CONSUMERS SPENDING & KEEPING THE ECONOMY AFLOAT. Interesting isn't it? Disheartening, maybe? Wow, amazing how the government always tends to the needs of the top 5-10% income earners in the world. Some may say its has to do with their political involvement. I don't dispute that. In my opinion, your everyday consumers are just as important to the economy. I welcome all feedback and opinions.

Thanks Much,
Marlene

http://news.yahoo.com/s/ap/20081004/ap_on_...

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Marlene R Columbia, MD

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Comments (1)

Janice Tuggle Saturday, October 4th 2008 at 5:07PM

That is why we have to give Senator Obama the chance as President of these United States. A lot of us won't vote for him because he's black, and you know if they won't shop with blacks they certainly won't vote black. Although I don't look totally at him as my choice because he's black, I do like his ideals. He does give us the possibility of hope for a better economy.

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