Middle class lost jobs because they bought non american and because of unions.  People are broke because they did not save.  They needed to live below thier means.  I've never taken an 'annual vacation'.  Most people dont research or follow the news.  I look at msn, cnn, and foxnews.  I dont go to Wal-Mart.  I don't li...more

SO WHAT!.  I am not rich or anywhere near it. I want to be rich one day.  Business are out to make money.  If you don't like it dont buy from the business.  I'm amazed at human nature.  Look out for myself and the lowest prices.  Then whine that the jobs are outsourced or businesses make a lot of money.  How many peopl...more

Agree to a tax increase on the rich as long as the tax code is changed to stop social redistribution.   You should never be allowed to get more tax back in a refund than you paid into it.  A business would go bankrupt if it ran that way.  The president needs to  tell people to take responsibility for their own actions....more

think of all the people who are hurt by individuals filing bankruptcy.  Store prices increase, profits go down for businesses, stock prices go down.  Now your retirement plan, 401k, pensions, IRA, TSP's lose vaule.  Cause and effect.

Go to the IRS website. If they forgive $600 or more in debt a 1099-C is issued to th debtor and the IRS. This must be claimed (there were exceptions at one point for mortgages dont know all the rules). The individual must pay taxes on this debt. chances are the person was never going to pay the debt and eventually it g...more

how many of the people who state they cant afford health insurance have a cell phone bill more than $50 a month, extended cable, go out to eat each month and buy lots of gifts for Christmas?  I bet at least 1/3 of the people who say they cant afford it can.  Then they dont pay and hospitals close down and the community...more

You have always been able to contact the business and ask for a debt settlement.  it depends on how old it is on whether or not the business will settle and how much.

Go to the IRS website. If they forgive $600 or more in debt a 1099-C is issued to th debtor and the IRS. This must be claimed (there were exceptions at one point for mortgages dont know all the rules). The individual must pay taxes on this debt. chances are the person was never going to pay the debt and eventually it g...more

Go to the IRS website.  If they forgive $600 or more in debt a 1099-C is issued to th debtor and the IRS.  This must be claimed (there were exceptions at one point for mortgages dont know all the rules).  The individual must pay taxes on this debt.  chances are the person was never going to pay the debt and eventually ...more