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Just wait until all States start to pass all of their tax hikes that are coming. Many States are raising the tax on gas which hits all Americans in their wallets immediately. Also on the table for many states are alcohol, cigarette and sugar taxes for starters. States are getting desperate and as tax receipts continue to fall further due to the struggling economy, many will have to choose between tax hikes or cuts in services or perhaps a little bit of both.
One thing we can be pretty sure on however is that the Government will do their best to stay as large as possible and keep all of their perks, benefits and pay scales at levels that far exceeds what middle class Americans get for the same type of work. We have the stimulus plans which are just our children’s money being stolen by this administration to hand to whoever they deem worthy will create jobs for unions and Government workers, but will do very little for middle class America.
6.3 Million American workers still collecting unemployment and in need of work will not bode well for a recovery anytime soon. In fact Obama’s plan was to add jobs but the numbers and timing he has proposed clearly falls well short of providing the stimulus we need today and will need in the future as things only get worse as we move into the summer.
The consumer continues to get crushed. oil and gas go up even though they have record amounts of oil in storage and the refiners are slowed down. Big oil continues to ship fuel oil out of the country while raising trucking cost with high diesel. Home heating bill were at records all winter for fuel and propane as the cost continued dramatically lower. Working America continues to see a happy business community as the consumer gets blasted. The stock market goes up the more people get layed off. Our government should recognize that what is good for wall st and big business is bad for the nation.
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If you are considering a Managed Forex Account and your domicile is in the European Union or the company - introducing broker or direct broker who holds your funds is in the EU - then this is really worth reading. If the company does not carry out the compliance procedures as outlined there then they are probably acting illegally and may be guilty of a criminal offence.
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