Save or spend? Survey

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Posted: Fri Feb 15, 2008 3:29 pm

Scam Patroller wrote:

that's a nice little bonus then

It was our money in the first place. Laughing

For reference:
http://www.irs.gov/newsroom/article/0,,id=179095,00.html

You also get $300 per kid. So finally, your kids are starting to pull their own weight.

Baiting Guru Joined: 03 Mar 2006 Posts: 7103 Location: Yes

I won't get it either.

If I did, I would save it.

Posted: Fri Feb 15, 2008 3:32 pm

luckey wrote:

Isn't there an income threshold on that?

Quote:

Payments will be reduced for individuals with adjusted gross incomes above $75,000 and couples with incomes above $150,000, with the wealthiest taxpayers receiving nothing. The Treasury Department said checks would be distributed beginning in early May, after the crush of the tax filing season.

Posted: Fri Feb 15, 2008 3:33 pm

jojobean wrote:

You also get $300 per kid. So finally, your kids are starting to pull their own weight.

Great. That almost covers two weeks of daycare. 50 more and I'm home free! Confused

Posted: Fri Feb 15, 2008 3:34 pm

If they want to stimulate our spending, maybe they should stop taking so damn much from us in the first place. Evil or Very Mad

Posted: Fri Feb 15, 2008 3:36 pm

^^When I was a kid, I would sometimes hide money from myself. When I found it months later, I'd feel rich and go out and blow it.

Same principle.

Posted: Fri Feb 15, 2008 3:49 pm

my music director at church is making out pretty good they have 7 kid
7x300=2100+1200=3300 on top of the rest of there refund.witch i think he sead was about 6000, and god know they need it they really stuggle. he works 2 jobs and teaches at 3 diffrent collages

Posted: Sat Feb 16, 2008 3:39 am

Since I don't spend my chickens before they hatch I am leaning to using mine to hire a maid service to come clean my house twice a month. So that's 4 months of a clean house! Yoohoo! However, I live in fear that they will want it back and tell us it was just a joke. Laughing

Posted: Sat Feb 16, 2008 3:43 am

^^^Whaaa...? You mean we could be scammed by the government? Shocked

Posted: Sat Feb 16, 2008 4:21 am

I'll be saving mine. I hope this isn't too political ... but I can't understand how printing more money is going to solve a problem created by the fact that our money isn't worth the paper it's printed on Embarassed

Trophy Videos · Posted: Sun Feb 17, 2008 3:58 pm

Well, the plan is to give us the money so we'll spend it, and give it to someone else. Somehow this is good for us to do. I guess I would be un-American if I didn't spend it. Confused

Posted: Mon Feb 18, 2008 8:09 pm

This is one of those stupid government programs that does nothing to actually address the problem at hand.

I voted save although I will see nothing becuase my wife, who is self employed and therefore would benefit from some tax breaks, makes us not eligible.

EDIT: Sorry if this leans to much to the political side of things. Tried to be general.

Posted: Tue Feb 19, 2008 5:32 am

With a lot of the masses planning to run out and buy electronic crap, the economy that will be stimulated the most is china.

Its just more distracting nonsense from our govt.....

So? When will we see the first reports of fraudulent tax returns to cash in?

Posted: Tue Feb 19, 2008 6:19 am

I won't get it so I can't say if I'd spend or save. However I have many political opinions regarding this subject so I will begin here:

#1 of 32) The rules of economics state: wh.........

MOD EDIT: SHUT UP B.A.

Laughing

Posted: Tue Feb 19, 2008 2:34 pm

A somewhat related comment by the mythological Sir Winston Churchill:

Quote:

We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

A perfect summation of these programs constantly set before us.

Posted: Tue Feb 19, 2008 3:13 pm

600 bucks? I'm rich! Wahoo! No more uncertainty, no mo...What's this? The bill from my college? $612? Crap, now I'm out 12 bucks..... Sad

Posted: Tue Feb 19, 2008 3:31 pm

I look at it this way... if you dont like it... go live a canada

Posted: Tue Feb 19, 2008 3:34 pm

You Yanks think you're so smart with your refunds. Mad

Well let me tell you this: the UK govt. are even more generous.

They gave us a bank!!!!

http://www.northernrock.co.uk/

Who would like to buy my share?

Posted: Wed Feb 20, 2008 2:57 pm

^^^I think the stock just dropped 20 points......

Quote:

I look at it this way... if you dont like it... go live a canada

You mean the taxing of the taxes taxes that all ends up going to Ottawa? I've got an 82 year old grandfather living in Alberta.

419Eater is my life Joined: 18 May 2007 Posts: 428

I don't pay taxes. Don't tell anyone. Laughing

Posted: Sat Feb 23, 2008 4:46 pm

Interesting article on the subject of spending or saving your rebate money:

http://finance.yahoo.com/taxes/article/104438/Rebate-Checks-Could-Spark-Urge-to-Splurge

Master of Master Baiters Joined: 09 Aug 2007 Posts: 593

Slightlyoutofit wrote:

You Yanks think you're so smart with your refunds. Mad

Well let me tell you this: the UK govt. are even more generous.

They gave us a bank!!!!

http://www.northernrock.co.uk/

Who would like to buy my share?

LOL, how true, my share is up for grabs too! Urghh, why the hell dont we get free cash from Mr Brown?