$145 Million

135

Comments

  • SPEEDY MCCREADY
    SPEEDY MCCREADY Posts: 26,854
    i will gladly accept my $800 check.......

    and go on with my life....
    Take me piece by piece.....
    Till there aint nothing left worth taking away from me.....
  • floyd1975
    floyd1975 Posts: 1,350
    puremagic wrote:
    I don't know about you, but that package for the people, single and/or married really doesn't even qualify as a bonus, except for the fact that it is a one-time deal.

    That, specifically, is not the only bonus. The Government is kind enough to allow me to take home a portion of their money each month as well. Some may call this my salary. I have learned from here though that it is not truly a salary. It is a bonus allowed to me by the Government.
  • jlew24asu
    jlew24asu Posts: 10,118
    SPEEDY MCCREADY wrote:
    i will gladly accept my $800 check.......

    and go on with my life....

    speedy is my hero :)
  • SPEEDY MCCREADY
    SPEEDY MCCREADY Posts: 26,854
    better yet....

    if my man Mr. Bush decides to send me a check for $800.....

    im going to be a true american......

    and go to mexico for a week and help out their economy by spending it all there......

    cuz thats just the kind of guy i am.........
    Take me piece by piece.....
    Till there aint nothing left worth taking away from me.....
  • puremagic
    puremagic Posts: 1,907
    floyd1975 wrote:
    That, specifically, is not the only bonus. The Government is kind enough to allow me to take home a portion of their money each month as well. Some may call this my salary. I have learned from here though that it is not truly a salary. It is a bonus allowed to me by the Government.


    and what do you call Government bailouts of failing corporations? Everyone should spend their rebates as they see fit, but don't act like it is bonus. To me, this is

    -money overdue the people as they watched, unable to do anything as corporations, and warmonger defense contractors wasted the "people's" money with NO consequences to their businesses.

    -money overdue, as people watched 1/2 million and million dollar bonuses awarded to departing CEOs of failing companies that left thousands of people without jobs or retirement packages.

    He could have kept those one time rebates and given the people something they really needed to help turn this economy around.

    January through March

    -all utility bills up to 50% of the total will be tax deductible over a certain amount.

    -all mortgage and rents up to 50% of the total will be tax deductible over a certain amount.

    -all gas purchases up to 50% of the total over a certain amount.
    SIN EATERS--We take the moral excrement we find in this equation and we bury it down deep inside of us so that the rest of our case can stay pure. That is the job. We are morally indefensible and absolutely necessary.
  • Lesbelges
    Lesbelges Posts: 434
    Actually if you think about it, most of us will be getting more than our fair share of the money. Because essentially we paid this money proportionally to our income and we are getting it back as a fixed amount. So a guy who made $2Mil last year paid a bunch more taxes than the guy who earned $30,000, but both will be getting the same amount back. This is really a redistribution of wealth to the less wealthy.

    Which by the way makes sense, since $800 won't change how a rich person spends their money, but it definitely will affect how a poor person will.
    Cincinnati '03 Flooded venue!
    Bridge School '06 Night 1 & 2
    Venice '07 pummeled by the sleet! 
    Nijmegen '07
    Werchter '07
    April Fools ~ LA1
  • harrymanback
    harrymanback Posts: 435
    Lesbelges wrote:
    ... So a guy who made $2Mil last year paid a bunch more taxes than the guy who earned $30,000, but both will be getting the same amount back. ... $800 won't change how a rich person spends their money, but it definitely will affect how a poor person will.

    part of the reason i posed this question in the first place ... i think it is a waste of good money.

    btw, are we going to be taxed on this money?
    I don't want to be hostile. I don't want to be dismal. But I don't want to rot in an apathetic existance either.
  • Lesbelges
    Lesbelges Posts: 434
    harrymanback wrote:
    part of the reason i posed this question in the first place ... i think it is a waste of good money.

    btw, are we going to be taxed on this money?


    Well it's not a waste in the sense that now this money will get spent. Had the money remained in the hands of the rich, it would not have been spent, or at least not as much.

    And so more people spending money is what is going to help spur the economy.

    You will be taxed with sales tax when you spend it, but I don't know if they will tax it as income (or even worse as a bonus!).
    Cincinnati '03 Flooded venue!
    Bridge School '06 Night 1 & 2
    Venice '07 pummeled by the sleet! 
    Nijmegen '07
    Werchter '07
    April Fools ~ LA1
  • stupidcorporatewhore
    stupidcorporatewhore Posts: 761
    we could pay it back to the chinese

    that's probably who we are borrowing it from.
  • floyd1975
    floyd1975 Posts: 1,350
    puremagic wrote:
    and what do you call Government bailouts of failing corporations? Everyone should spend their rebates as they see fit, but don't act like it is bonus. To me, this is

    -money overdue the people as they watched, unable to do anything as corporations, and warmonger defense contractors wasted the "people's" money with NO consequences to their businesses.

    -money overdue, as people watched 1/2 million and million dollar bonuses awarded to departing CEOs of failing companies that left thousands of people without jobs or retirement packages.

    He could have kept those one time rebates and given the people something they really needed to help turn this economy around.

    January through March

    -all utility bills up to 50% of the total will be tax deductible over a certain amount.

    -all mortgage and rents up to 50% of the total will be tax deductible over a certain amount.

    -all gas purchases up to 50% of the total over a certain amount.

    I guess sarcasm really doesn't work on the internet.

    It is not a bonus. It is a refund of our money. Much like that money that some people get back when they file their taxes. That is what you overpaid. They are kind enough to give it back to you without interest. Now, if you hand your money over to them a day late, you get penalties AND interest.

    What it comes down to is it is better to at least give the people some of their money back rather than throw it into another bureaucratic black hole.

    I agree with all of those ideas there. In fact, I would like to see all of those become 100% deductible. Hell, I think people should keep as much of their hard earned money as they possibly can rather than having five months' salary go directly to a bloated bureaucracy.

    What I have seen around this board over the years though is that tax cuts, credits, deductions, rebates, etc...do not put more of a person's OWN money in their pockets. Instead, these are all seen as a government expense and a waste of "government" money.
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    the proposed rebate is similar to taking a cash advance on your credit card...its money in your pocket now, but you have to pay it back later!

    I wonder what govt programs they will cut in order to fund the rebate? Most govt programs help low income individuals, so in the long run, they will suffer, while the higher income people who use less govt services are the ones who truly benefit.
  • floyd1975
    floyd1975 Posts: 1,350
    JOEJOEJOE wrote:
    Most govt programs help the Government

    There we go.
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    floyd1975 wrote:
    There we go.

    You doctored my words, doctor!
  • floyd1975
    floyd1975 Posts: 1,350
    JOEJOEJOE wrote:
    You doctored my words, doctor!

    Yeah. I figured I would get to what you were really trying to say.
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    floyd1975 wrote:
    Yeah. I figured I would get to what you were really trying to say.

    I'll express my thoughts, and you can express yours....deal?
  • floyd1975
    floyd1975 Posts: 1,350
    JOEJOEJOE wrote:
    I'll express my thoughts, and you can express yours....deal?

    No deal. I know what you think better than you do. ;)
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    floyd1975 wrote:
    No deal. I know what you think better than you do. ;)

    Wow, thats a scary thought!
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    floyd1975 wrote:
    No deal. I know what you think better than you do. ;)

    oops.....double post
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    floyd1975 wrote:
    No deal. I know what you think better than you do. ;)

    oops...triple post!
  • MasterFramer
    MasterFramer Posts: 2,268
    Everyone should take their rebates and buy gold and silver... dead serious here. I am now putting 20% of my income into silver every month.
    10.31.93 / 10.1.94 / 6.24.95 / 11.4.95 / 10.19-20.96 / 7.16.98 / 7.21.98 / 10.31.00 /8.4.01 Nader Rally/ 10.21.01 / 12.8-9.02 / 6.01.03 / 9.1.05 / 7.15-16,18.06 / 7.20.06 / 7.22-23.06 / Lolla 07

Categories