Tax Rebates

[greenjeans]

w00t!!!:party dollar::Dancing-Chilli::Head-Spin:

[Ivy2]

:Dancing-Chilli::Dancing-Chilli::Dancing-Chilli::pepsi:I'll drink to that.

[GladysD]

:Tip-Hat::Head-Spin::partytime2::party dollar:

[SandyC]

I don't think we get one. Oh well...have fun with your extra cash!!!!

[hollym]

I don't think we get one. Oh well...have fun with your extra cash!!!!

The story I read made it sound like everyone gets one. Even if you don't pay taxes, you would still get $300.

[Chris]

The story I read made it sound like everyone gets one. Even if you don't pay taxes, you would still get $300.

What tax rebate?:mad: We just paid a bundle in our quarterly taxes!!!!!!!!!!!!!!!!

[greenjeans]

What tax rebate?:mad: We just paid a bundle in our quarterly taxes!!!!!!!!!!!!!!!!



Because of the recession, Bush is sending us money like he did in 2001 to 'jump start' the economy (remember those $600 checks after 9/11?)

Each tax payer (most) get UP TO $600 or more, so in my case, me and my husband = $1200.00. If you have children, you get $300 more for each child!! Hey momx7, you will score!! :Excited:

Link...or watch the news tonight!!!

http://www.reuters.com/article/bondsNews/idUSN2427128320080124

[Kitty]

Cool! When are they being mailed? I sorta need mine like NOW!!:eek:

[Vegasgrl]

I hope I get one!! I want to redo the tile around my tub!

:Good-Luck::Trapeze 2::Dancing-Chilli::Dancing-Chilli::Dancing-Chilli::Head-Spin:

[Vonn07]

wait wait wait ...

they still haven't decided who will or won't get it ... and when ... and how much - they done this a few years ago and really screwed things up ...

:rain:

don't want to rain on your parade ... but don't be spending it just yet (I do taxes and there's alot of fine print that they don't tell everyone about ... and this is what stings everybody) ...:yikes:

[SandyC]

Hmmm, well I will sit back and see if we get anything. Jim and I do not work so we'll see.

[Vegasgrl]

I've been out on disability since last May so if it does go through I wonder if I will get any of it.

[shiney sue]

They asked Trump what he would do with his,but I think he makes to much.
His answer if you go out and spent it ,it will go right to China and
boost there economy. They will take until July for everyone to get one.
Unless you make a ton of money,they don't get them. boo hoo:mad:
He he honest I hope you get to tile around your tub..I need to do that to...
Hugs to all Sue

[freeinhou]

We probably won't be eligible so it's a moot point to us. I think the last time was a mistake so I'm just hoping they plan this one better. But planning isn't a huge attribute with most of the federal government (note I said "most" - not "all").

Tom

[Vonn07]

UPDATE:

if you make over 95g ... then it's a "NO" ... $600 for indivduals, $1200 for couples, $300 for children (with the under 95g) ... and $300 for those that aren't working (retired and non-working) ...

the checks MAY start arriving late spring (end of May-ish) ...

hope this helps!

[shiney sue]

They just said July..Sue

[Ivy2]

I pay income taxes but I don't work anymore - I suppose I get $300. Better than nuttin.

[greenjeans]

I watched Bryan Williams Nightly News; What I understood (insert retreival of memory here :Crazy 2:)

1. Couples under 150K each get $600 ($1200)
2. If a spouse makes over $75,000 ZERO for that one; One for the other under $75,000 ($600)
3. $300 for each child
4. $300 if you earned at least $3000 in 2007
5. Workers who pay little of no tax get $300

He reported that checks would start going out in May

We'll see when it actually happens <grin>

[Kristi]

Money,money money.Goody:Rich:

[joellelee2000]

Yay! Another bandaid on a gaping wound. LOL. Maybe I'll be able to get the scooter I need so desperately that my insurance won't pay for. No...wait a minute... maybe I'll have to use it to pay my electric bill so the power doesn't get shut off.

[greenjeans]

Bills are on my priority list too!

[the Bird]

I'm the dumb one here! How can they DO that???

I have not seen the news in the past few days....

So a couple only gets $600 times the number of working? So like H works, W doesn't therefore they get $600? Is that right?:confused:

[greenjeans]

I'm the dumb one here! How can they DO that???

I have not seen the news in the past few days....

So a couple only gets $600 times the number of working? So like H works, W doesn't therefore they get $600? Is that right?:confused:



Correct. Only federal tax payers get tax relief.

[FaithS]

I watched Bryan Williams Nightly News; What I understood (insert retreival of memory here :Crazy 2:)

1. Couples under 150K each get $600 ($1200)
2. If a spouse makes over $75,000 ZERO for that one; One for the other under $75,000 ($600)
3. $300 for each child
4. $300 if you earned at least $3000 in 2007
5. Workers who pay little of no tax get $300

He reported that checks would start going out in May

We'll see when it actually happens <grin>

Woo Hoo! $1,800 for our family. And, I expect to get some back from taxes, too. We can start paying down some of the 0% interest credit cards. maybe we finally, some day, won't have a balance that we need to transfer to a new card every 6 monts, or year, or so.

Bird, I don't think the $600 is just for working spouses. Greenjeans post, above, is also what I've heard/read. Just matters whether or not you make too much.

~ Faith

[jmiller]

Well if its like the last time then those of us who do not work will get nothing. So I will not be holding my breath, but if anyone is having a party. I'll be there LOL.

[momXseven]

Hey momx7, you will score!! :Excited:



You can say that again, LOL. :winky:

[Carolina]

Yay! Another bandaid on a gaping wound. LOL. Maybe I'll be able to get the scooter I need so desperately that my insurance won't pay for. No...wait a minute... maybe I'll have to use it to pay my electric bill so the power doesn't get shut off.


I agree. Conservatively, his tenure has cost my DH and me about $20K a year. Times 8. Let's see, we're down $160,000.00. I won't even get into health care costs.

I'm not a greedy person. I'll settle for $100,000.00.

For the mental anquish caused, I'd like that tax free, please.

NOW he's going to worry about the economy??

[greenjeans]

I agree. Conservatively, his tenure has cost my DH and me about $20K a year. Times 8. Let's see, we're down $160,000.00. I won't even get into health care costs.

I'm not a greedy person. I'll settle for $100,000.00.

For the mental anquish caused, I'd like that tax free, please.

NOW he's going to worry about the economy??

Yay! Another bandaid on a gaping wound. LOL. Maybe I'll be able to get the scooter I need so desperately that my insurance won't pay for. No...wait a minute... maybe I'll have to use it to pay my electric bill so the power doesn't get shut off.



I have to agree. The economy has been in a free fall for about 2 years. Its affected my life at least that long. Futher, have been displaced in a limited work force. Gas prices at $3 and milk 2 gal for $8. Fruit and veggies very expensive here. Hanging on by a thread. The fact we are here in itself is a tragidy and makes many Americans vunerable. Thankfully a second mortgage went thru just a few hours ago. Relief in site. Taxes I'll get hosed on for 07 due to withdrawls of a SEP IRA. Blaaaaaaaa.....this check will help for the month I get it, and then will be gone...and it won't fix the mess we are in.

[Riverwild]

Oh gee THANKS Shrub...another subsidy for the energy companies...Where I live, it will ALL be going to heating and electricity costs.

I don't agree with this , sorry. I think it would be better spent on funding infrastructure. Bridges are collapsing, roads are shot, steam pipes exploding in NY, etc, etc, etc. If they spent it on infrastructure, more people would be working and the money would be spread further and some benefit would come from it that would benefit EVERYONE!

This "refund" is like putting a spot bandaid on an evisceration.:mad:

[Vonn07]

RW FOR PRESIDENT!!!

[TheSleeper]

Creating jobs in the pay scales to match the losses in manufacturing jobs lost to other countries would do more good. Construction, maintenance jobs on the infrastructure. Get those foreign products in here quicker, create more job losses.

Duh? Lower wages means less taxes paid? We are funding other countries development at the expense of our own. A vicious cycle!

Save it, pay down debt, this may not be a quick fix! Hmmm, debt? utility bills, car and home insurance, food. Ford to offer all employees a buy out? Seeking cheaper wages? Like that will help us? Ford employees buying their cars are a large market share of their products.

Our politicians have the unique ability to blow the tax dollars we pay even faster than they can find new ways to tax us!

Fiscal conservatives? Regan almost doubled the national debt, now GW has done the same. Give me Joe Citizen that can balance a checkbook!:D

[Kitty]

UPDATE:

if you make over 95g ... then it's a "NO" ... $600 for indivduals, $1200 for couples, $300 for children (with the under 95g) ... and $300 for those that aren't working (retired and non-working) ...

the checks MAY start arriving late spring (end of May-ish) ...

hope this helps!

Oh man, I JUST squeeked in below the income cap.....:rolleyes: NOT!!! But I can use the $600 to help pay my ridiculous gas heating bills. By the time the check gets here, though, I will have a ridiculous electric bill (A/C time!). :eek:

[janlici]

I know precious little about government economics, but I do know that their plan is for people to SPEND the money and not use it to pay bills. They figure spending it will boost industry, thus creating more jobs, and so on and so on.....

It still has to pass through the Senate and House, but I'm figuring it will. God only knows what it will look like by the time it's passed! :confused:

[life well lived]

Where I get bitter is for my foster children. We don't claim them on taxes because technically the state claims them.

As a result, there won't be an additional 1200 put in their college funds. They'll never get the $600, but I bet when they are older and are tax paying citizens they will be expected to pay taxes to repay this frivolus "refund."

Don't get me wrong. It's not that my wife and I can't use the money. The truth is that we don't need it. I hate to take a loan out that my kids will have to pay back. I hate it even more that they will be paying back a loan from which they got no benefit. Sorry, that part sucks.

I wish they would have just put the money into rebuilding infrastructure. At least that would build the economy and be something from which the people paying off the debt years from now might have benefited.

Ah well, that's just the grumbling of a middle class foster parent with MS. Give it to those who need it. Otherwise do something that will benefit all or better yet, do nothing!

[hjmom]

I agree that it's not going to help this economy very much, but now at least I can use it to pay those taxes that I was going to owe in April. It doesn't make that quite so bad. :party dollar::party dollar:

[Nevada Leftie]

The story I read made it sound like everyone gets one. Even if you don't pay taxes, you would still get $300.

Mebbe so, however, the story in the papers this morning was that seniors on Social Security were not going to get rebates.:(
I only worked 40 years or better, adding to the economy and am still buying things and adding to the economy. We file taxes on our pension income. Not to pay some sounds kinda like a political thing and if true makes me and probably others angry! :mad:

[greenjeans]

I agree with you. When you pay taxes of any kind to the Fed's, you should be part of this Federal Rebate regardless of how you pay the tax, you are paying it. Hopefully it will be addressed before its finalized!

[SallyC]

Hey, the Dems are talking about adding retirees to the rebate. Bush rejected the idea..Hurumph!!!:D It will never fly..:(

[Ivy2]

Hey, the Dems are talking about adding retirees to the rebate. Bush rejected the idea..Hurumph!!!:D It will never fly..:(

Oh heck I take back my dancing chilis.:(

[greenjeans]

Hey, the Dems are talking about adding retirees to the rebate. Bush rejected the idea..Hurumph!!!:D It will never fly..:(

Bush may not like it, but the Dem's will push for it....and may get their way...

Right now it's a wait and see.

I'd rather see every man and woman get the help, lower the amount.

Our Permanant Fund checks do not discriminate. Every man, woman and child get the same amount every year. Just breathing is enough!! (PFD's are revenues generated by oil in Alaska)

[hjmom]

There is an article now on MSN that gives two examples of retired couples who pay income taxes getting the refund. It doesn't spell it out exactly put it seems if you still pay taxes on your income, you're eligible for this refund. Check that one out, that's my understanding of it.

[Ivy2]

There is an article now on MSN that gives two examples of retired couples who pay income taxes getting the refund. It doesn't speck then.ll it out exactly put it seems if you still pay taxes on your income, you're eligible for this refund. Check that one out, that's my understanding of it.

I'll put one dancing chili back then-for a maybe:Dancing-Chilli:

[AfterMyNap]

I'll put one dancing chili back then-for a maybe:Dancing-Chilli:

No doubt, me too!!!!:D:cool:

[SandyC]

We pay taxes but not income taxes. Oh well...we didn't get it before.

Who's buying dinner with their big check? Let me know what time to be there.

[Ivy2]

No doubt, me too!!!!:D:cool:

My chili will be worn out by the time the check shows up.:thud:

[TwoKidsTwoCats]

I wish they would have just put the money into rebuilding infrastructure. At least that would build the economy and be something from which the people paying off the debt years from now might have benefited.


I agree. If not infrastructure, then just lower the dang fuel taxes! That would help everyones pocketbook.

But it will never happen. The "rebates" are the same old smoke and mirror trick that the politicians use to eek out a few more votes... no matter which side of the isle they sit on.:mad:

I'll shut up now, before I get in trouble:D.