How will we pay for the war, the bailout, and the stimulus packages?

Income taxes and inflation; the federal government has no sales tax but if they cut state/local funding to help defray costs then those governments will raise sales taxes and property taxes to make up the loss of federal funding. The cost of the war according to Sen Obama will go away if he is elected as far as Iraq goes and he plans to use that money to pay for some of the things he is talking about. The problem is that the cost of the war is over-stated as personnel costs will decrease with loss of combat pay and military personnel being taxed when out of the combat zone but basic pay and benefits will still be paid, units in Iraq now that return will train so operational costs will not be totally saved plus sending them from Iraq to Afghanistan will have no savings. He has also identified that being the source of money to cover the costs of numerous programs and it can only be spent once so that is not a source to offset the cost. To correct some thing piegowdealer posted the top 10% of the personal income group controls 47% of the wealth and pays 60% of the taxes-have no idea where his figures come from but those figures are from the IRS and have been pretty consistent over the alast two decades. Yesd that is a travesty when people make up figures to "prove" their viewpoint even if the figures are wrong....Show more

The richest 1% earn 90% of the income and pay 30% of the taxes.

They will benefit the most from the wall street bail out and pay the least for it.

Thank the cowards in congress for that. Both parties equally.

McCain wants to continue this travesty and Obama wants to shift the burden back to the wealthiest.

If the banks do recover, the taxpayer portion of the bailout will diminish. We are paying for this in loss of asset value to our retirement accounts, loss of value in our homes, loss of jobs, etc.

But the cost of doing nothing would have been higher....Show more

We'll just borrow more from China, and then we will continue to blame the poor people in this country that were okey-doked into mortgages they couldn't afford by greedy lenders and realtors!!! Not by overspending by the government without increasing taxes to pay for the costs!!! Where the Hell is the sacrifice except by the troops and their families?...Show more

Heaven forbid, but it may have to come out of tax money. That is the main source of funds for the government as even a conservative must admit....Show more

Taxes....Show more