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-- How u gonna spend u tax rebate check ??
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save it for a rainy day

Macbook Pro Fund!

are you talking about your yearly tax return or the tax refund they were talking about giving back to the "middle class?" which they haven't guarantied yet right?

brian's trying to figure out how many more countries he can visit while he "can't party" cuz he's "too busy"

bri you should start a globe tracker on your myspace

i wanna buy that new little car..when is it coming out?

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Originally posted by Burak14 Ron Paul signs and stickers lololol

Ron Paul bobbleheads....

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Originally posted by intelligent77 brian's trying to figure out how many more countries he can visit while he "can't party" cuz he's "too busy" bri you should start a globe tracker on your myspace

ok lets compare brian from a year 1/2 ago to the brian now.....yeah, that's what i thought

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Originally posted by vtec junkie ok lets compare brian from a year 1/2 ago to the brian now.....yeah, that's what i thought

you're six months older???

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Originally posted by steven-neil you're six months older???

18

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Originally posted by jerZ07002 18

Steve never was good at math....that's why he didn't make it as an electrician

Heh heh heh, that one made me laugh a little bit.

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Originally posted by klingklang77 How do you find out if you are getting one?

They have income restrictions.

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Originally posted by DCgirly They have income restrictions.

What are the restrictions?

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Originally posted by euphoria What are the restrictions?

you only get it if your gross income is LESS THAN 75k single, or 110k married.

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Originally posted by DCgirly you only get it if your gross income is LESS THAN 75k single, or 110k married.

Guess I'm in

quote:

Originally posted by DCgirly you only get it if your gross income is LESS THAN 75k single, or 110k married.

from the treasury:

quote:

US Treasury Document Treasury's Fact Sheet illustrates stimulus package's refund provisions. On Jan. 25, Treasury released a Fact Sheet with 17 examples showing how to compute the rebate (including the phaseout) under the Economic Growth Package�the bipartisan stimulus package agreed to by House Democrats and Republicans and President Bush on Jan. 24, to jumpstart the slowing economy. The House stimulus package includes a rebate provision under which rebate checks would be computed under two separate calculations, with an overall phase-out for those with adjusted gross incomes (AGI) above $75,000 for single taxpayers and $150,000 for married couples. Rebate checks will include a base amount determined under the greater of two options: income tax paid in 2007, with a maximum of $600 for a single taxpayer and $1,200 for married couples; or $300 for an individual and $600 for a married couple, if the individual or couple earned income of at least $3,000 in 2007. The Fact Sheet included the following examples on how the rebate phaseout works: For a married couple with two children, AGI of $160,000, and federal income tax paid in excess of $1,200, the total rebate is $1,300: Individual rebate of $1,200 Child tax credit of $600 Phaseout reduction of $500 [5% � ($160,000 − $150,000) = $500] For a single parent with two children, AGI of $90,000, and federal income tax paid in excess of $600, the total rebate is $450: Individual rebate of $600 Child tax credit of $600 Phaseout reduction of $750 [5% � ($90,000 − $75,000) = $750] For a married couple with no children, AGI of $160,000, and federal income tax paid in excess of $1,200, the total rebate is $700: Individual rebate of $1,200 Phaseout reduction of $500 [5% � ($160,000 − $150,000) = $500] For an individual with AGI of $80,000, and federal income tax paid in excess of $600, the total rebate is $350: Individual rebate of $600 Phaseout reduction of $250 [5% � ($80,000 − $75,000) = $250]

This was only passed in the house, it still has to enter the much more difficult Senate. For those of us who make > $75,000, you can deduct certain expenses to get below the $75K mark. for example, student loan interest, student tuition deduction, health savings accounts, self employed health insurance deduction, alimony, etc....

So if you have no kids and make more than 75K your f--d.....

quote:

Originally posted by Uncle ED So if you have no kids and make more than 75K your f--d.....

Well if you look at it that way...

I would much rather be making over 75K than get some small check once per year
How bout we switch lol?

Does anyone agree with me? I think our Government should really try to figure out a way to MAKE us spend this money on our own economy. It makes no sense to borrow all that money from the Chinese, then turn around and spend it on shit from China. I will make sure I spend mine the way it was intended. On our own fucked up economy.

shit i was hoping for that check to arrive earlier
i guess ill save it for IBIZA closing parties this year

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Originally posted by ArminD1981 shit i was hoping for that check to arrive earlier i guess ill save it for IBIZA closing parties this year

That's if you actually get a check....with responses like those, i hope to god these checks don't go out. The US gov is taking on debt so people can take trips to europe. what a fucking stupid idea!!!

put the money in a bank or pay off outstanding debt so that it can actually help the liquidity issue. short-sighted people.

quote:

Originally posted by maddraver Does anyone agree with me? I think our Government should really try to figure out a way to MAKE us spend this money on our own economy. It makes no sense to borrow all that money from the Chinese, then turn around and spend it on shit from China. I will make sure I spend mine the way it was intended. On our own fucked up economy.

i said the same shit in a different thread....my thoughts though, were that the government should just buy the bad debts from the banks.

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Originally posted by jerZ07002 That's if you actually get a check....with responses like those, i hope to god these checks don't go out. The US gov is taking on debt so people can take trips to europe. what a fucking stupid idea!!! put the money in a bank or pay off outstanding debt so that it can actually help the liquidity issue. short-sighted people.

What the hell did you expect from members on TA? Half of the people on here with use it for either trips to Europe or drugs.....or both.

I will either throw it in the bank or buy me some new glass for my camera (alright who is gonna flame me cause canon is made in Japan?)

quote:

Originally posted by jerZ07002 i said the same shit in a different thread....my thoughts though, were that the government should just buy the bad debts from the banks.

That's not a bad idea, but that would only get the "Rich more Rich". On the flipside, it will get people out of debt or save their house.
That will either have more people spending their "Extra Money" or people will be saving it.

I was thinking of some kind of EBT(foodstamp)card,or some kind of debit card. The ones they had after Hurricane Katrina might do. Atleast the Government can track where the money is spent, or even control how the money is spent.

Congress better not drop the ball on this issue. If they do, they are just as good as this Administration, and as everyone knows: "It Sucks".

quote:

Originally posted by jerZ07002 That's if you actually get a check....with responses like those, i hope to god these checks don't go out. The US gov is taking on debt so people can take trips to europe. what a fucking stupid idea!!!

Its not my fault that the US gov had spent Billions over Iraq

quote:

Originally posted by vtec junkie What the hell did you expect from members on TA? Half of the people on here with use it for either trips to Europe or drugs.....or both.

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