The worlds markets have recovered. Our Federal Reserve's stability spending has worked and its future spending offers even more protection. Our crumbling infrastructure needs to be rebuilt. Our government has already instituted selling off unused Real Estate.
That transaction fee should not hurt. It was blocked early by this White House, because, they preferred a VAT (much like a sales tax, the EU sees our lack of one as an obstacle to our imports there) tax. Most likely it will not have an Infrastructure Bank, something else preferred by this President, Wall Street. We need those jobs. There is no guarantee it will pass.
Should it pass, Washington can point to it as a proactive step taken before another bridge falls, dam breaks, and the like. That tax is temporary, Who knows, someday we can use it and a VAT tax to eliminate the income tax.
J John Swanko
Copyrighted, 2010, J John Swanko, All rights reserved. This work is licensed under a Creative Commons Attribution 3.0 Unported, It may not be published, broadcated, redistributed, rewritten, without meeting the terms and conditions.
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