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jakescia
Posted 11/8/2006 08:47 (#59151 - in reply to #59000)
Subject: Re the voting--------- yaaaa......but "my crowd" took it in the shorts.............



Oskaloosa, Iowa 52577

but, from the "lemonade from lemons" perspective, I don't think things have been going all that great...........problem is, what to do...............so, maybe a different perspective might be effective.

However, regardless of what the media has said, I do believe the tax breaks todate have vastly benefited the "little guy"...............and I am now concerned that in the oncoming pursuit of squashing the breaks for those "filthy rich" guys, the politicians are going to be unable to overcome the "bully of the sandpile" attitudes, and the little guy is going to lose also.

I am betting that one of the first items to go nationally will be the reduced rates on capital gains, and, in Iowa there is a provision of not taxing the capital gains on the sales of certain properties, such as the farmland used by a farmer for ten years.............I think that is now in jeopardy.

Going to be an interesting next few years.

 

 

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