Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 07-13-2008, 01:51 PM
Junior Member
 
Join Date: Mar 2007
Posts: 21
Investment in Mass Transportation is the answer to Current US Economic woes!

An investment in mass transportation is the answer! It will be a huge infrastructure investment providing 100,000's of new jobs including hiring 1,000's of highly paid engineers and scientist's.

It will provide employment opportunities throughout US including all the States, save US millions of barrels of imported oil, due to reducing demand for gasoline as a result of less cars on the road! This in turn will create a decrease in the substantial trade deficits. Hence resulting in a reversal of a dollar decline.

This will create an increased confidence in Foreign Direct Investments in the USA and hence gradually boost the US economy.

The increased economic activity will provide an impetus for substantial cut in the tax rates and even a reduction in the dreaded AMT tax!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 07-14-2008, 12:40 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
You have a point, Disa! But, where is the funding going to come from? Increased taxation or borrowing more? Either of the two alternatives is not an attractive proposition, in my opinion.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #3 (permalink)  
Old 07-14-2008, 04:03 PM
Junior Member
 
Join Date: Jan 2007
Posts: 7
Better late than never! Its about time that US invested in mass transit system! Its not only going to save money on gas and imported oil but it is also eco-friendly and will result in less cars on the highway, thus requiring less maintenance on roads and bridges etc.

Also, Reader's Digest pointed out that less cars on the roads means less accidents on the roads, less car insurance rates as well!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What are the Favorable Business Incentives under Economic Stimulus Act of 2008 TaxGuru For 2008 0 06-18-2008 03:39 PM
IRS issues a consumer alert regarding the Economic Stimulus Payment. TaxGuru For 2008 0 04-30-2008 05:38 PM
Economic Stimulus Payments Update News TaxGuru For 2008 0 04-30-2008 09:50 AM
Combat Pay Can Count toward Economic Stimulus Payment Eligibility TaxGuru For 2008 0 03-24-2008 06:34 PM
2007 Changes to Qualified Transportation Fringe Benefit TaxGuru Miscellaneous 0 12-01-2007 11:00 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.