tag:blogger.com,1999:blog-4553714923318862606.post495096608249638956..comments2008-01-23T11:16:00.107-05:00Tim McGheehttp://www.blogger.com/profile/07300368001962414311noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4553714923318862606.post-78395119318844070542008-01-23T11:16:00.000-05:002008-01-23T11:16:00.000-05:002008-01-23T11:16:00.000-05:00Ah! This is the very essense of stupidity. The President's so-called stimulous plan is nothong than a warm-over of his absurd 2002 stimulous plan. It didn't work then and it won't work now. So why do it? The real purpose of the presidnet's plan is to give even more big tax breaks to wealthy corporations and the top five percent of earners in this country. None of these poeple need the money to entice them to invest; they have plenty already. The pittance that the plan would throw at the struggling middle class is only to divert our attention away from the details of this monsterous give-away. And guess who will both finance and benefit from it? You may have guessed it: the Chinese. Not only will they be loaning us the money and charging us interest for it, most of the profits for the things Americans are encouraged to by with their tax rebates will go to the Chinese, too. It's ludicrous.<BR/><BR/>If the government wanted to stimulate the economy and help the middle class at the same time, they'd offer us this plan: Each American will get $2000. If a citizen chooses to invest the money into a U.S. corporation and hold those stocks for at least two years, he will not have to pay a long term capital gains tax for 10 years. Only start-up corporations and the venture capitalists who invest in them would get tax breaks. The uber-rich can rot. This would REALLY stimulate the economy and invest the middle class in the process.Anonymousnoreply@blogger.com