Originated from
The Washington Times

We have very little debt

Good morning. My husband is active duty military serving in his 27th year. Due to frequent moves, we do not purchase a home every time the military moves us.  The one time a home was purchased, it was sold at a loss when it was time to move.  Consequently, we live in base housing wherever the US Army moves us.  We do not have credit card debt.  We have no student loan debt.  The only debt we have is our auto loans.  We have a small amount of money in an annuity and an IRA for each of us for retirement.  Are we going to be taxed to pay back this "bail out" as much as the people who have huge amounts of debt and have over extended to live in a big fancy house?  Thank you. 


Share Send to a friend Watch Report
 
 

Posted Answers

No answers were posted yet - be the first one to answer!

Sign in to participate

Got an answer for Sheleen? Would you like to comment on the posted answers, or vote for the one which you think is the best?

Sign up for a free account, or sign in (if you're already a member).

Be The First To Answser

Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them

» More...
Feed - Subscribe to changes to this Q&A Blog
ADVERTISEMENT
ADVERTISEMENT
AOL Autos Q&A is powered by Yedda an AOL Company
Copyright © 2006-2010, Yedda Inc. and respective copyright owners