Economic Stimulus Payment Notice

[LHardy]

If you have not received yours you will and those of you who pay the most in taxes are going to get nothing from this stimulus package.
It seems our congress and President Bush would rather take your money and give it to those who pay the least to nothing at all in income tax.
How nice and a waving high middle finger to you too!

I quote:

"For individuals who normally do not file a tax return, the new law provides for payments to individuals who have a total of $300 or more earned income, Social Security benefits, and/or certain veterans' payments. Those individuals should file a tax return for 2007 to receive a payment in 2008.

Individuals who qualify may receive as much as $600 ($1200 if married filing jointly). Even if you pay no income tax but have a total of $3000 or more in earned income, Social Security benefits, and/or certain veterans' payments, you may receive a payment of $300($600 if married filling Jointly).

In addition, individuals eligible for payments may also receive an additional amount of $300 for each child qualifying for child tax credit.

Now for the fun part! Pay attention you rich mother uckers.

For tax payers with adjusted gross income (AGI) of more than $75,000
(or more than $150,000 if married filing jointly), the payment maybe reduced or phased out completely."

End Quote

So it's a hardi, screw you! To those who pay most of the taxes in this country!

Again it is, take from those who work hard to earn enough to provide for their families without sucking off the government tit. Rob from the middle class and give to the entitlement class. Let's see if we can create a greater disgust for the perpetually lazy."

[300miles]

On one-hand I agree that it's not fair.

But on the other hand I understand the situation the govt is in. They are trying to prevent (or lessen) a recession. Returning $600 to someone making $50k per year will have a much greater impact on the economy than returning $600 to someone making $200k per year.

[HipKat]

What is 300 bucks to someone that makes 75 grand a year??

[LHardy]

What is 300 bucks to someone that makes 75 grand a year??
Their money.

[LHardy]

On one-hand I agree that it's not fair.

But on the other hand I understand the situation the govt is in. They are trying to prevent (or lessen) a recession. Returning $600 to someone making $50k per year will have a much greater impact on the economy than returning $600 to someone making $200k per year.

Actually the ones who are making less than $75k a year will just pay down debt with that money. Credit Card or Property taxes. Most of it will never see time in the economy.
This whole idea is a non sequitur.

[LHardy]

"For individuals who normally do not file a tax return, the new law provides for payments to individuals who have a total of $300 or more earned income, Social Security benefits, and/or certain veterans' payments. Those individuals should file a tax return for 2007 to receive a payment in 2008.


I'm sorry, that should say $3000 not $300.

[CSense]

But why the mailer? How much of our taxes went to mail out the useless piece of crap?

....your congress and president bush signed into law a way to borrow money so we (government) can dole out cash (billions) to you schmucks of a citizenry. It will be virtually ineffective in fighting the recession but you all are too stupid to see it. We thank you for your constant ignorance and hope that it is continues, well at least until we are out of office.

[300miles]

Actually the ones who are making less than $75k a year will just pay down debt with that money. Credit Card or Property taxes. Most of it will never see time in the economy.
I did read a good alternative somewhere (can't remember where)... to give out $600 Debit cards instead of $600 cash. That way it would have to be spent, instead of saved.

[MERL J]

But why the mailer? How much of our taxes went to mail out the useless piece of crap?

....your congress and president bush signed into law a way to borrow money so we (government) can dole out cash (billions) to you schmucks of a citizenry. It will be virtually ineffective in fighting the recession but you all are too stupid to see it. We thank you for your constant ignorance and hope that it is continues, well at least until we are out of office.

That's exactly what I thought when I got mine yesterday. Printing, postage, all that crap and after all the whoopla on every news or news-oriented show for the past four weeks. Like, no one knew about the bribe coming in your mailbox soon?

The problem I have with all of this is that "they" (meaning those in power) still have the gaul and/or stupidity to insult the intelligence of the American public time and ime again with crud like this. They really think it's a carrot.

Yeah, I know, there are those much more gullible, but for cryin' out loud, for every one there is another with intelligence enough to see through this propaganda.

[MERL J]

I did read a good alternative somewhere (can't remember where)... to give out $600 Debit cards instead of $600 cash. That way it would have to be spent, instead of saved.

So, you use the card and take the grocery money and put it in the bank, take other usual expense money or even "dream" cache and put it in the bank while using the card. Balance.

[LHardy]

I did read a good alternative somewhere (can't remember where)... to give out $600 Debit cards instead of $600 cash. That way it would have to be spent, instead of saved.
What if we paid our taxes by giving the government debit cards instead of cash? That way the money would have to be spent on the projects "we" want done.

[MERL J]

What if we paid our taxes by giving the government debit cards instead of cash? That way the money would have to be spent on the projects "we" want done.

NICE!!!!

[300miles]

How much of our taxes went to mail out the useless piece of crap?
$42 Million.

[HipKat]

Their money.That they probably don't need and don't want to pay taxes on next year.....

[LHardy]

That they probably don't need and don't want to pay taxes on next year.....
Who are you to decide what a person earns and what they don't need?
How would you know they don't need it?
Do you live the lives of these people?
How do you know they don't have mounting medical bills because they earn to much to receive government assistance?
Who the hell are you or anyone else, deciding how much is too much an American citizen can or should earn?
Screw you.
Just because you are not earning those dollars now does not mean you never will.
So your theory is, that we as Americans must now put a cap on what Americans are allowed too earn. Because it may be too much??
OK Let's start with the Government entitlement programs and all unions.
WTF?

[HipKat]

Well, actually, I have.
AndI'm geussing that uf you earn, at a job, 75 grand a year, you probably get a good benefits package with that

[LHardy]

Well, actually, I have.
AndI'm geussing that uf you earn, at a job, 75 grand a year, you probably get a good benefits package with that
Big guess and very wrong.
Not everyone earning those dollars has bennies from their job provider.
Must jobs in the US are performed by small business who rarely can afford such luxuries as employer provided medical.
Also there is a great number of people self employed at those numbers and they pay as they go.
So until Americans stop playing the whoa is me card they're doomed to failure.

[LHardy]

Hip you really surprise me. With what you keep telling us of your background you have allowed yourself to wallow in self pity.
Knock it off! You're killing yourself.
Look at these numbers.
I would believe there are even more self employed in 2008.

http://www.census.gov/Press-Release/www/releases/archives/business_ownership/005784.html


The number of businesses with no paid employees grew from 17.6 million in 2002 to more than 18.6 million in 2003, a growth rate of 5.7 percent, according to a report issued today by the U.S. Census Bureau. This represents the biggest rate of increase in self-employment since the Census Bureau began releasing such statistics in 1997; the rate during the 2001 to 2002 period, 3.9 percent, was the previous high.

According to the report, Nonemployer Statistics: 2003 (http://www.census.gov/epcd/nonemployer/index.html), Nevada led the nation in the growth of these small businesses, with a 11.4 percent increase between 2002 and 2003. Arizona climbed from ninth place in 2002 to second place in 2003, with a 9.4 percent increase. Georgia’s rate of business growth, the third largest, was 8.9 percent. Texas and Florida had business growth of 8.1 percent and 7.0 percent, respectively, to round out the top-five states in nonemployer business growth.

(See Table 1. [Excel (http://www.census.gov/Press-Release/www/2005/nonemp_table1.xls)])


Nationally, these small businesses made up more than 70 percent of all businesses, with receipts nearing $830 billion.

[speaker]

If you have not received yours you will and those of you who pay the most in taxes are going to get nothing from this stimulus package.
It seems our congress and President Bush would rather take your money and give it to those who pay the least to nothing at all in income tax.
How nice and a waving high middle finger to you too!

I quote:

"For individuals who normally do not file a tax return, the new law provides for payments to individuals who have a total of $300 or more earned income, Social Security benefits, and/or certain veterans' payments. Those individuals should file a tax return for 2007 to receive a payment in 2008.

Individuals who qualify may receive as much as $600 ($1200 if married filing jointly). Even if you pay no income tax but have a total of $3000 or more in earned income, Social Security benefits, and/or certain veterans' payments, you may receive a payment of $300($600 if married filling Jointly).

In addition, individuals eligible for payments may also receive an additional amount of $300 for each child qualifying for child tax credit.

Now for the fun part! Pay attention you rich mother uckers.

For tax payers with adjusted gross income (AGI) of more than $75,000
(or more than $150,000 if married filing jointly), the payment maybe reduced or phased out completely."

End Quote

So it's a hardi, screw you! To those who pay most of the taxes in this country!

Again it is, take from those who work hard to earn enough to provide for their families without sucking off the government tit. Rob from the middle class and give to the entitlement class. Let's see if we can create a greater disgust for the perpetually lazy."

My tears are blinding me!

[LHardy]

My tears are blinding me!

Then you won't mind giving up a little more of your money would you?
Do you even work for your money or does your husband work for you?

[HipKat]

Obviously, that didn't take people who are self-employed into consideration. Still, $75,000 a year is not just a little pocket change.
It's not living in a run down apt, with utility bills coming out your ears.
AND, when i owned my trucking business, I payed for health insurance, on my own, which I'm gonna say a decent percentage of business owners do.

ANYHOW, the point is that 300 bucks in my hand, right now, is gonna mean a hell of a lot more than 300 bucks in the higher income bracket guys hand.
I'm not as concerned with the extra tax hit next year, because it's out-weighed by the need for the money now.
Whereas, the guy making good money, may see that an extra 300.00 of taxable interest on next years return may not be worth having the cash in hand right now.

[WNYresident]

I did read a good alternative somewhere (can't remember where)... to give out $600 Debit cards instead of $600 cash. That way it would have to be spent, instead of saved.

They could just lower payroll deductions instead of sending checks out. Countless tree's wasted to send checks and wasted man power. People would see an instant increase of thier take home amount.

[300miles]

They could just lower payroll deductions instead of sending checks out. ... People would see an instant increase of thier take home amount.
That won't have the impact that this check is supposed to have. If you want an immediate influx of spending - reducing someone's taxes by $5 each week isn't going to cut it. But sending them a one time check for $600 might.

[therising]

But why the mailer? How much of our taxes went to mail out the useless piece of crap?


I thought the same thing when I got it.

I'm going to buck the system, and put mine in the bank. Or, maybe I'll just put it on black.

[therising]

I did read a good alternative somewhere (can't remember where)... to give out $600 Debit cards instead of $600 cash. That way it would have to be spent, instead of saved.

That would have been kind of cool, actually. Free groceries, gas, and what-not for a while.

[Slim.fsp]

If you haven't figured out the scam yet the $300 is not free money. The government does not produce anything all it does is take or steal from people and use those proceeds to pay for things it wants. The $300 is a prebate on your next years taxes, the government is going to steal the money from you during the year to get that 300 back and probably more for other costs like administrative, check printing, delivery of the checks, and of course the fraud that will occur.

[300miles]

The $300 is a prebate on your next years taxes
if that is true, isn't that still a rebate?

[300miles]

This is hilarious. A NY senator criticizing the US govt for the mailings. This after years of NYS sending out similar mailings everytime they have a STAR rebate program... (even though i agree the 42 million was a gross waste of taxpayer money)

"There are countless better uses for 42-million dollars than a self congratulatory mailer that gives the President credit for an idea that wasn't even his," said Schumer in a statement released Friday.

Schumer has also sent a letter to the Acting commissioner of the IRS Linda Stiff, and the man soon replacing her, Douglas Shulman, which calls on them to immediately halt the mailings.

http://www.wgrz.com/news/news_article.aspx?storyid=56109

[HipKat]

They could just lower payroll deductions instead of sending checks out. Countless tree's wasted to send checks and wasted man power. People would see an instant increase of thier take home amount.

That's what I say everytime there's a minimum wage increase proposotion.
Instead of raising income by 1.00 an hour, which would raise your taxes, lower your taxes by a buck an hour....

[OneEmerald]

I plan to stimulate the economy with my money. I plan to spend it on all those things I have been doing without. The things I want but don't necessarily need. Maybe I'll stretch it out a little more and spend all my money at Walmart.

[HipKat]

I expect it'll pay some bills or something lame like that