The check's in the mail...

[silverspot]

Looks like it's official>>>
The Senate passed the economic rescue plan earlier Thursday. The 81-16 vote capped more than a week of political maneuvering that ended only when majority Democrats dropped their demand that the proposal offer jobless benefits, heating aid for the poor and tax breaks for certain industries.

The Senate plan would rush rebates — $600 for individuals, $1,200 for couples — to most taxpayers and cut business taxes in hopes of reviving the economy. Individuals making up to $75,000 a year and couples earning up to $150,000 would get rebates.

People who paid no income taxes but earned at least $3,000 — including through Social Security or veterans' disability benefits — would get a $300 rebate.

http://www.foxnews.com/story/0,2933,329565,00.html




So who's buying what at the Path when they get their check?? Come on now, time to 'stimulate' the economy

[guero]

my tax lady told me that basically this $600 is an advancement of next years return....if i get it, i am going to hold on to it.

[bighit8]

Mine all goes to child support. Even though I make all my monthly payments and have my kids all the time.

[Jman]

This combined with my portion of the tax refund will be going towards a new bike! Yep I'm not satisfied with 4, I need 5!

[reflux]

Hookers and blow is one avenue.

My IRA is the other.

[slowSSer]

Originally Posted by reflux

Hookers and blow .....

RBR member?????

if we get any cash, i think it's directly to bills for us.

(not)

[Red Hot Sloth]

Hmmm....
On present tax return, I'm allowed to buy some pretty groovy parts for the bike (thanks mamma).
On the stimulous check....giggle, giggle giggle...
Nah...it goes into the bank

[Liquid55]

Curious on the Veterans disability if its rated by percentage of disability?

But what ever amount I'm getting is going toward a swing set for the kids and split into there college fund

[Jman]

Don't get me wrong the missuss is getting a cut too! It's just great having kids and owning a house at tax time! $$$$$

[El Rolo]

the money is suppose to be spent, if we just put it in the bank it will not stimulate the economy, and we would be letting our politicians pass on the national debt to our children's children with no benefit for the here and now.

buy a bike, take a trip, get that upgrade, whatever you do, spend it and enjoy it

cheers!

[slowSSer]

as an aside, so, what's the 6 month old going to do for me for taxes? major refund?!?!?!?!?

[El Rolo]

Each kid gets you a $1000

[reflux]

Originally Posted by slowSSer

RBR member?????

if we get any cash, i think it's directly to bills for us.

(not)

Haha, depending on when I actually receive the check, it's going to either bills or my IRA. I am "lucky" to be a SINK: no swingsets or jungle gyms to worry about (yet).

As for my answer, that's been a knee jerk answer between a few college friends and I for years. It's been years since I was last on RBR and MTBR, but I wouldn't be surprised if that line had made its way there.

[slowSSer]

Originally Posted by El Rolo

the money is suppose to be spent, if we just put it in the bank it will not stimulate the economy, and we would be letting our politicians pass on the national debt to our children's children with no benefit for the here and now.

buy a bike, take a trip, get that upgrade, whatever you do, spend it and enjoy it

cheers!

[cynical]

ey, just as long as it doesn't affect my kid

[/cynical]

[reflux]

Originally Posted by El Rolo

the money is suppose to be spent, if we just put it in the bank it will not stimulate the economy, and we would be letting our politicians pass on the national debt to our children's children with no benefit for the here and now.

buy a bike, take a trip, get that upgrade, whatever you do, spend it and enjoy it

cheers!

Are you being serious? I am having a hard time trying to find any semblance of sarcasm.

[Jman]

Originally Posted by El Rolo

Each kid gets you a $1000

I think there is a cut off somewhere but it's something like that and with us spending like $1300 a month on child care (and that's a good deal) we get back a pretty decent sum o' cash. I'm thinking a possible Transition brand bike is in my future...but it'll take some fun shopping to find out!

(not sure which is more fun, the shopping or the riding!) LOL

[92se-r]

Communist bastards. The people that don't qualify for these checks are the ones contributing the most in terms of tax revenue. Weak.

[Red Hot Sloth]

Originally Posted by 92se-r

Communist bastards. The people that don't qualify for these checks are the ones contributing the most in terms of tax revenue. Weak.

Hardley

[CPATCRASH]

Originally Posted by guero

my tax lady told me that basically this $600 is an advancement of next years return....if i get it, i am going to hold on to it.

Smart man!

[bighit8]

I wont go into major details, but in my situation I pay child support, pay taxes on that support and taxes on my payroll. Being as child support considers all dads dead beats I can not even claim my kids on my taxes. My ex claims them and gets earned income credit plus my taxes and child support. Now if I get a second job and bring in more income they take more money. But they say if you spend more time with the kids you support goes down. Does That make any sense or seem fair when you are not a dead beat dad?Sorry to vent but it makes me not even want to file my taxes.