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2 Comments
Watch Out For More Bouncing Dead Cats [view article]
"scobbydube" nailed it in their comment above. It is time to reward positive behavior (e.g. saving) with favorable tax treatment. In the absence of that, my savings are being spent on self sufficiency supplies, more valuable than a devalued currency during a depression. I feel a bit like Chicken Little... Mar 21 10:55 AMRetail Report: Consumers Cut Spending Amid Rising Prices [view article]
Lowering interest rates to bail out the profligate penalizes the responsible saver. Where is the incentive to save? A tax exemption on X amount of interest per family, or tax credit would encourage positive behavior. Mar 16 07:38 PM