GamTrak (19 March 2009)
Hell yes! These things are outragous. It's tax time again, and it really really pains me to write a check to the US government with the "knowledge" that my money is going into some CEOs bonus in an insurance company I didn't even know existed!
Tough economic love is what's needed now. The US government is subsidizing home mortages, insurance companies, and the automotive industry. If each company were viable they would not be in the position there are in now.
What really burns me... is the fact that I wanted to get a house in the US.. For the last seven years I've been watching the prices rise 10-20% a year. The "FREE, no deposit (principle), variable interest rate mortgages were causing a lot of people to buy homes they could not afford there by driving up the prices. NOW, in a certain way I am subsidizing someone's home that I couldn't buy myself buy!!.
It's so sad, but true.We have to pay to resue everyone else while we work like dogs to survive.
We moved in to a newly built home in 2006 and they were building houses left and right, but in 2007 they stopped all contruction and we have empty lots for three houses on our block that may never be built. I wonder if that affect the value of our home.
Regarding the tax thing, I am stunned to find out how many of those chosen for high ranking jobs owe back taxes in the millions! HOW can that be?![]()
Last edited by GamTrak; 19 March 2009 at 11:02 pm. Reason: fixed quote
I know you see the rich (or living rich anyway) get away with owing all this money ... seemingl year after year and then compare to the average joe and .... well I think of the pregnant couple who were featured on 60 minuters (admittedly this was a few years ago) who had their door busted down and teams of IRS flock in thru doors and windows (this all on camera or some of it) they knocked down the woman (6-7 months along) causing her to miscarry (eventually, I don't think it happened right that second)
and it was all over one of the couple's brothers owing some taxes and they came there to take some vacation trailer parked in the couple's back yard.
At the time of ths story being aired there was no attorney willing to touch the case.
That's what you get if you're just an average small business owner or wheeler-dealer type or by the hour or salary.
Robin's right ... you have to have a corporation to hide behind now so that there's never any one person you can walk up to and put a finger on their chest and say the buck stops here!
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