Stimulus payments starting early.

[Drunko McMoppo]

How about being more frustrated with the money we spend on welfare, and taking care of people that don't want to take care of themselves? The war bill in a mere drop in the bucket compared to that bill.

The Iraqis can take care of themselves, they're adults, we need that money to take care of our own people! Some people say the economy is so bad they've even considered getting a job!

Damn that Bush!

[Outrun]

I no get no stimulus refund.

[punch]

I told my tax guy I was gonna spend mine on hookers and blow... I don't think he got the joke.

Like you were joking.

[Spiral]

Note entirely true. Bush/congress/whoever *giving away* money that the government doesn't have to give will have to be repaid sooner or later. I'm guessing that *FREE* $600 will be repaid at about $1200 after interest and a further decline in the value of the dollar.

But ya, other than that, totally free.

Can we break it down to at what rate each income bracket will be paying it back to which income bracket?

[Drunko McMoppo]

Oh please, not gonna cry for you when you make to much to get one back.

I told my tax guy I was gonna spend mine on hookers and blow... I don't think he got the joke.

[Nifty]

http://money.cnn.com/2008/04/24/pf/t...ney_topstories



I still think this whole thing is a sham. Instead of giving me a $600 advance on next years taxes, how about government just keep the money and LOWER TAXES.

Oh wait, that can't happen because we have a money-pit of a war to fund.

Anyone else get frustrated with this BS?

How about being more frustrated with the money we spend on welfare, and taking care of people that don't want to take care of themselves? The war bill in a mere drop in the bucket compared to that bill. We spend 140 Billion / MONTH paying out shit for welfare, and people that should be doing shit, we only are spending 145 Billion / YEAR on the war. Although I think there is better places the war money could be spent it isn't shit compared to welfare.

[Drunko McMoppo]

Note entirely true. Bush/congress/whoever *giving away* money that the government doesn't have to give will have to be repaid sooner or later. I'm guessing that *FREE* $600 will be repaid at about $1200 after interest and a further decline in the value of the dollar.

But ya, other than that, totally free.

Hey you want some money? China just gave me a couple billion! Don't worry about paying it back, we can just raise taxes when the time comes!

[punch]

You Lucky fockers that get one!!!

I think everybody that paid taxes should get one!!!!!!!!!

Tim

Oh please, not gonna cry for you when you make to much to get one back.

[Drunko McMoppo]

You Lucky fockers that get one!!!

I think everybody that paid taxes should get one!!!!!!!!!

Tim

They could have easily just cut spending by whatever this is costing. The stimulus is essentially a generic band aid that doesn't stick.

[SFC]

This is not taxable income; and it will not reduce the refund you are getting next year or increase the amount you owe.

Note entirely true. Bush/congress/whoever *giving away* money that the government doesn't have to give will have to be repaid sooner or later. I'm guessing that *FREE* $600 will be repaid at about $1200 after interest and a further decline in the value of the dollar.

But ya, other than that, totally free.

[I Tried]

You Lucky fockers that get one!!!

I think everybody that paid taxes should get one!!!!!!!!!

Tim

[Spiral]

If you see what I was talking about, it was the timing. Both a return and the stimulus payment are "done deals", the taxpayer is going to get both. When the taxpayer asks about when they are getting their refund/stimulus payment, they are far more concerned about when the lower dollar amount of the two will appear in their account/arrive in their mailbox.

Yes, in comparison it seems weird... Actually, seems greedy of people in my opinion. I am excited about $600 of none taxable income, but I disagree with every step of it going into my pocket. But hell, why not ride the economy into the ground!

[Stormwalker]

I got a good return, but that return wasn't a "Free" $600. My return was money I overpaid to the IRS and the State. Would you be excited if you overpaid your phone bill and you got money back? No, because it was money that was yours to begin with.

If you see what I was talking about, it was the timing. Both a return and the stimulus payment are "done deals", the taxpayer is going to get both. When the taxpayer asks about when they are getting their refund/stimulus payment, they are far more concerned about when the lower dollar amount of the two will appear in their account/arrive in their mailbox.



Example: "So when do I get all this money back?"

"Your $600 stimulus payment should come in the beginning of May, and your $5800 fed return should come sometime in November of 2012."

"Whew! As long as that stimulus payment comes in May, that's great news. Awesome, thanks."

[Spiral]

What I found hilarious this tax season is people that had some pretty decent returns were SO concerned about "when they were getting their stimulus payment". They wanted to know when it would come, what day or week or whatever. "When do I get that $600?????". Never mind the $3400 fed return, they didn't care about when that would arrive. It was kind of like "WTF". And this wasn't just a couple of people or something, this was the case with a LOT of people. I just found it somewhat strange.

I got a good return, but that return wasn't a "Free" $600. My return was money I overpaid to the IRS and the State. Would you be excited if you overpaid your phone bill and you got money back? No, because it was money that was yours to begin with.

[OrangeCrush 86]

Don't be fooled, this is just a get-out-of-the-MN-gas-tax-free card for this year.