Archive for April, 2009
Savings Bonds Education Tax Free

Question: To save our country buy t bills and Savings Bonds?
http://www.savingsbonds.gov/
I have forever and my parents before. In years past the govt pushed them to pay off war debts.
They have low interest but guaranteed rates and you can use them tax free to buy a house or fund an education.
You can buy a 50 bond for 25 dollars and on up.
Better than a CD!
Every person who loves America should buy a bond. It pays down the national debt and helps our country.
The bonds help pay off the war debt, and you can buy via payroll savings plan with 1 buck a week.
YOu get the bond when you have enough money. good for even very poor people.
Answer: Unfortunately, that money is going to have to be paid back later by the government with interest and they’re still in the same mess. What I don’t understand though is how we can have tax cuts when we have an expensive war in Iraq. All the past US wars came with higher taxes to pay for them. The only thing this deficit is doing is causing inflation.
Jerry Brown speaks with Eric Schmidt