Thursday, October 9, 2008

The government owes me money......I sure hope they've got it

Well I have set a record for myself this year. I just e-filed my 2007 taxes today, the latest ever.
AND I found out they owe me lotsa money! We pay estimated taxes and still get creamed
every year as Tim's business has been getting bigger every year. We are very grateful for
this but man do we get slammed with taxes. So part of the reason we bought the rental
house is for write-offs and wow did that work out well. Turns out they have to send a
whole bunch of my money back to me. Now I'm just hoping our hopelessly broke government can come up with the coin. I have to say I have never been so disgusted with what is going
on in our country. Everyone is broke. The states, the federal government, the hospitals.
It's a darn mess out there. It infuriates me that our tax dollars just went to bailing out this
mess while a bunch of execs got rich giving out what to me is nothing less than predatory
loans. I think these fat cats should be sued by their stockholders and we should see them
lose their homes and all they amassed for themselves by doing this. I saw an e-mail go around
about giving the bailout money directly to the people in this country and it made sense to me
that this would be of more help than what they actually did. What a shame. My sister's neighbor
lost their home. They just moved into a rental with 3 kids and a dog. Our employee's neighbor
is in foreclosure too. It's a sad state of affairs in the good old US of A today. Very depressing.
I don't know how we will ever recover from this war and I think these financial problems will
last a long while. We need a shrewd businessman in the white house. I wish Mayor Bloomberg
were running or even better, Warren Buffett. Put 'em both in there together and they'll get
us outta this mess. Then we'll make Jimmy Buffett the head of foreign affairs. Get all them heads of state together, whip out the guitars, margaritas and reefer and everybody just chill!!!
Heck this idea can't be any worse than what the reality is. Well, here's to better days. As my
good friend who works in money management in NYC says, "Make sure you're keepin' lotsa dry powder!" That's CPA lingo for good old cash.

1 comment:

La Cootina said...

Well...it looks like the guy endorsed by Warren Buffett is going to be in the White House. I'm with you - I think we ought to rewrite the bailout bill, and while we're at it, let's hang, draw and quarter the pigs who hung $150 billion worth of pork on it!