GreenGop.org

Recently the Obama camp has created a calculator that can help assess the amount of taxes that would be paid under the economic tax policies that would be enforced by both Sen. Obama and Sen McCain if they were to be elected. It is a pretty interesting little tool that can help find out the amount of tax savings or additional fines you would have if either Sen. McCain or Sen. Obama’s economic policies are enacted.

I thought it held enough value if the calculator is in fact valid.

Here is the Obama Tax Calculator

Congress is mulling over the possibility of another stimulus package for the cash strapped US Economy. The Federal Reserve Chairman has recently endorsed this possibility as something that would immediately influx some much needed cash into the economy.

The reported Second round of stimulus payments is supposed to be around the area of 300 billion dollars. They are also looking at putting into play some road projects that had been sidelined. Such spending would end up injecting some immediate job opportunities to the economy.

Over the weekend a plumber who states he already has too many tax burdens quizzed Barrack Obama on his economic policies on how he would help get the economy back into shape. The plumber who already complained that he doesn’t think it is fair to be taxed for chasing the American dream.

Obama responded with his views on how he doesn’t want to tax anybody who doesn’t make more than 250k per year, and assist those who don’t. He said that he would like to “Spread the Wealth Around”. His responses were captured on video and the McCain camp who has already been claiming that Obama’s views have been socialist in nature jumped at the opportunity to rebuke this method.

hope for homeowners

Congress passed the bill for the “Hope for Homeowners” program to go into effect during the summer session. This bill is good news for some of those who have trouble paying off their mortgages and are in an essence on the bring of foreclosure.

The “Hope for Homeowners” program has been earmarked to receive enough funding to help at least 400,000 potential foreclosure victims.

Essentially the program will help refinance mortgages for those who can’t seem to keep up with their mortgage payments and are on the brink of foreclosure. The FHA will provide them with a secured loan refinanced in a way they can afford. HUD has given specific requirements for those who would qualify for this type of assistance.