The massive transfer of money from the “haves” to the “have nots” failed, and now the “haves” will be asked to come up with the tax money to pay for the fix.
we need anfround swell on this.
We ain't seen nothing yet. Wait until the Dem's reveal their payback plan to the “people”. This will be a nothing more than a classic socialist redistribution of wealth scheme. People who pay little or no taxes will wind up receiving the larger percentage of this money via so called tax credits and checks in the mail while those who actually do pay taxes will receive little to none of it. It seems to me that the correct way to “pay back the people” would be by the inverse method of financing this bail-out. Being that Treasury will print money to pay for it and thereby reduce the value of wealth in this country proportionately, the pay back should be to remove from circulation the equivalent amount as the payback accrues. But, the Dem's will never do this. They will treat this huge pot of money as their personal fund for whatever pet scheme they choose to support. Thus, the “real taxpayers” those who actually pay taxes, will continue to be screwed, and screwed, and screwed....