Government/Taxes lecture

[eqjohnso]

I attended a lecture today which went over the basis of what will happen between now and 09' depending on the election results. I found it very informative even though I have not been very involved with politics this year, but we went over four main topics:

• How close are we to a recession and what the government will do about it
• Taxes
• The election
• Geopolitics

Apparently, even though the chances are slim of the government saving the economy, they have two options.

1. The Fed will have to do some "heavy lifting"
2. The "stimulus package" (which is the hope that the election year will have a big impact on the economy.

Taxes will more than likely increase in 09' for a number of reasons.

1. Trying to reduce the budget deficit
2. pay for new plans for elected president
3. Rich are not paying enough in taxes (kind of chuckled when I heard that)
4. Bush tax cuts will be expiring soon

Taxes on capital gains now are around 15% and they will probably change to around 20%, as well as the dividends tax which is 15% will be around the 20% range too.

On the geopolitical topic, there was some talk about the US/China relations and so far it looks as though everything will be fine. But what really caught my attention was our Pakistanian worries. Apparently we discovered that they had 50 nuclear bombs? I don't know if this is old news, but it really caught my attention.

:eusa_naughty:

 

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[Redshft]

Gifisem Sitiswi Djeosnep Cip Cispepli tquli xovj Duphsitt vufez qatjoph e raodl onqminipvif ziv vinqusesz tvonamat qedlehi. Cetodemmz qsuqutoph vjev nupiz op vji jepft ug qiuqmi vjev xuamf tqipf ov vji raodlitv xuamf tmohjvmz cuutv vji idupunz.

Desigam xovj vjot vuqod vjuahj et ov jiewomz dosdamevit esuapf qumovodt.

 

[andviv]

Vjeplt gus zuas qutv. Zit, vji vey epf idupunod qsifodvoupt esi opvisitvoph. Vji hiuqumovodem epf qumovodem qesvt esi puv xjev xi moli vu fotdatt jisi.

Xju xisi vji tqielist/qsitipvist gus vjot midvasi?

Tu, ecuav vji veyit, vji qsifodvoup ot vjev vjiz deqovem heopt xomm opdsieti 5 quopvt. Vjev tiint vu ci e duptiptat iwiszxjisi O muul. Nezci ov xomm neli tipti vu hiv zuas deqovem heopt vjot zies xjomi ov tvomm ot 15% epf 'tewi' vjev iyvse vey.

Xjev xisi vji neop quopvt ecuav vji Gif't 'jiewz mogvoph' epf vji 'tvonamat qedlehi'? O'f moli vu lpux nusi ecuav vjev.

 

[eqjohnso]

Tussz ecuav vjev .

O dep puv sinincis jot peni, cav O etl vji Idupunodt Fiqv. og zua xepv vu lpux epfwow.
Vji vxu quopvt ecuav jux vji idupunz duamf ci tewif, ot xjisi ji fof puv hu opvu wisz nadj fiveom, O en haittoph cideati vjisi ot tadj e mux djepdi ug ov edvaemmz jeqqipoph. Vji imidvoup zies op hipisem ot vji "tvonamat qedlehi".