Federal Reserve makes emergency rate cut

kimi

January 22, 2008 04:16

Slashed by 3/4ths of one percent. Time to start shopping for the best mortgage rates!:

http://www.msnbc.msn.com/id/22780489/

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  Tartersauce

  January 23, 2008 06:53

  Dean,
  
  I did not count corporate as I am trying to understand the Federal Income Tax alone.
  
  $3667 from every single American is what the Fed's say they collect on Federal income tax.
  
  
  Do you pay that much every year Dean?....and your wife also? Every one of your kids?
  
  Seems like such a large number......like maybe it's fake to lure in foreign investors??

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  Dean Cascio

  January 23, 2008 07:20

  I have a family of 7. My wife does not work. I payed a little over $14,000 last year. Expect to pay the same this year. I've never seen a breakdown between corporate and personal income taxes paid. I've only seen a total taxes paid number.
  Dean
  PS
  One way or another we're screwed!
  
  quote:Originally posted by Tartersauce
  Dean,
  
  I did not count corporate as I am trying to understand the Federal Income Tax alone.
  
  $3667 from every single American is what the Fed's say they collect on Federal income tax.
  
  
  Do you pay that much every year Dean?....and your wife also? Every one of your kids?
  
  Seems like such a large number......like maybe it's fake to lure in foreign investors??

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  Tartersauce

  January 23, 2008 09:27

  My God Dean.....$14,000 in Federal Income Tax?
  
  I am poor.[xx(]
  
  
  Thanks for clerifying that!![:p]

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