Hello all GREEKCHATTERS (Sisterfriends and brotherfriends)!!
I've been listening to the news and reading the papers concerning this tax cut that has been approved. According to Bush this cut is supposed to benefit the American citizens in the long run. According to the new SPEAKER OF THE HOUSE, this tax cut will ultimately do much damage.
Now I'm not a Bush fan (we can go on and on about this TEXAS PUPPET), but I AM an advocate for having more money in my wallet, if feasible. I've got mixed thoughts about this thing. I guess that it's because I see the pros and cons of THIS particular issue (And guess what? American Government and Economics were NOT my strongest subjects--in high school or college).
What are you all thinking about this and how do you think that we (specifically African-Americans and the poor and middle classes) will be effected by it in the future?