Sunday 24 July 2011

How do you claw back the huge interest rate and grant subsidies to home property speculators?

Raising taxes over the longer term makes sense, but it is unfair on those who didn't benefit from the subsidies given to speculators.

How and who do you tax? Seems a lot of people got cheap or free money they did not deserve and a lot of poor or honest working folk are still paying for other people's gambling habits.

Is the Republican party saying the subsidies to bankers, gamblers and speculators subsidies should now be forgotten? Who is accountable?

http://www.washingtonpost.com/business/economy/no-hints-of-breakthrough-in-white-house-debt-talks/2011/07/23/gIQAdDxKVI_story.html?wpisrc=al_national

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