Economic Stimulus / Tax Rebate checks coming early

[trmiv]

Got mine today. Going to be used to pay our mortgage during the summer since my wife doesn't get paid in the summer (teacher)

 

[PlatinumGold]

i'm buying an HDTV

 

[krunchykrome]

A more effective approach to stimulating the economy would be to distriubute prepaid visa/mastercards instead. People would have no other option but to spend the money.

 

[ShotgunSteven]

Originally posted by: krunchykrome
A more effective approach to stimulating the economy would be to distriubute prepaid visa/mastercards instead. People would have no other option but to spend the money.

If a VISA/MasterCard cash card, they could just buy a money order and deposit it.

 

[krunchykrome]

Originally posted by: ShotgunSteven

Originally posted by: krunchykrome
A more effective approach to stimulating the economy would be to distriubute prepaid visa/mastercards instead. People would have no other option but to spend the money.

If a VISA/MasterCard cash card, they could just buy a money order and deposit it.

You can buy money orders with debit/credit cards? I didnt know that.

 

[ShotgunSteven]

Originally posted by: krunchykrome

Originally posted by: ShotgunSteven

Originally posted by: krunchykrome
A more effective approach to stimulating the economy would be to distriubute prepaid visa/mastercards instead. People would have no other option but to spend the money.

If a VISA/MasterCard cash card, they could just buy a money order and deposit it.

You can buy money orders with debit/credit cards? I didnt know that.

With a debit card yes, with a cash card, it depends. With a credit card, no.

If it were a true "credit" card then they could just milk it via PayPal and deposit it, or sell the damned card. If they really wanted cash out of it they can find a way.

 

[MotionMan]

Originally posted by: ShotgunSteven

Originally posted by: krunchykrome

Originally posted by: ShotgunSteven

Originally posted by: krunchykrome
A more effective approach to stimulating the economy would be to distriubute prepaid visa/mastercards instead. People would have no other option but to spend the money.

If a VISA/MasterCard cash card, they could just buy a money order and deposit it.

You can buy money orders with debit/credit cards? I didnt know that.

With a debit card yes, with a cash card, it depends. With a credit card, no.

If it were a true "credit" card then they could just milk it via PayPal and deposit it, or sell the damned card. If they really wanted cash out of it they can find a way.

QFT.

Didn't the government give a lot of those cards to the victims of Katrina and discover that people either sold them, bought luxury items or were not victims of the hurricane in the first place?

MotionMan

 

[ShotgunSteven]

Originally posted by: MotionMan

Originally posted by: ShotgunSteven

Originally posted by: krunchykrome

Originally posted by: ShotgunSteven

Originally posted by: krunchykrome
A more effective approach to stimulating the economy would be to distriubute prepaid visa/mastercards instead. People would have no other option but to spend the money.

If a VISA/MasterCard cash card, they could just buy a money order and deposit it.

You can buy money orders with debit/credit cards? I didnt know that.

With a debit card yes, with a cash card, it depends. With a credit card, no.

If it were a true "credit" card then they could just milk it via PayPal and deposit it, or sell the damned card. If they really wanted cash out of it they can find a way.

QFT.

Didn't the government give a lot of those cards to the victims of Katrina and discover that people either sold them, bought luxury items or were not victims of the hurricane in the first place?

MotionMan

Yes. Google Katrina debit card abuse. It will turn up several examples.



Found this in my search. It is not an example of what we are talking about, but it is somewhat amusing.

 

[MotionMan]

Originally posted by: ShotgunSteven
Found this in my search. It is not an example of what we are talking about, but it is somewhat amusing.

That is so funny, but at the same time it just reinforces the idea that we live in a very, very sad time.

MotionMan

 

[Rustler]

got my 1500 on the 30th of April

 

[FeuerFrei]

I now have my $600 rebate. Just checked my bank balance. :thumbsup:
This will finance my vacation in June.

 

[Jschmuck2]

So, here's a question:

I owed the IRS some money this year, which I paid via direct deposit.

Am I still on track to receive my check by...well...today? My SSN ends in 13.

 

[blankdiscs]

Got my rebate check today. I'm going to turn the economy around with my $11.00!!

How the hell do they determine how much you get?

 

[blankdiscs]

Crap. Nevermind. I checked my bank account and I did get $600.00 but I also received a $11.00 check. Hm?

 

[mAdMaLuDaWg]

Still boggles my mind that the US Govt is sending out checks when it is actually broke. National Debt FTW!

 

[Alistar7]

Originally posted by: waggy

Originally posted by: Phokus
I'm saving my money, only idiots (or the well to do) are spending in this economy.

yes people paying bills, getting stuff they have wanted, etc are idiots. really thats silly

Be smart and save your money as the dollar contiues to lose it's purchasing power. That $12 you could buy 3 gallons of gas with today will likely get you 2 gallons next year, outstanding fiscal management philosphy Phokus.

How many that don't qualify exceed the SS cap? You really think you pay more in "taxes", that your take home pay is a smaller %? While the majority of Americans have that huge SS chunk taken out of every paycheck you get to keep that extra $.

This will tell you if/when/how much of a rebate you will recieve.

<a target=_blank class=ftalternatingbarlinklarge href="https://sa2.www4.irs.gov/irfof/IRServlet?app=IRACTC">https://sa2.www4.irs.gov/irfof/IRServlet?app=IRACTC</a>

 

[TrueBlueLS]

My check is going into my savings account until I leave for Vegas in August.

 

[Fenixgoon]

damnit, looks like i don't get one!

i should have gotten mine yesterday, but nothing shows in the bank

 

[Baked]

Where's my money!? I'm in the 2nd group and I opted for direct deposit.

 

[chuckywang]

WHAT THE HELL?

Where's my MONEY??

It said I should be getting my money on May 2nd since I did direct deposit.

I feel like this:
http://youtube.com/watch?v=PFi5aoUn444

 

[MotionMan]

I got my direct deposit overnight and it hit my account today.

I am thinking about getting an LCD HDTV for the bedroom.
I read that prices are suppose to drop next week.

MotionMan

 

[Ns1]

6 months later, was this the most worthless shit ever or what

 

[darkxshade]

Originally posted by: Ns1
6 months later, was this the most worthless shit ever or what

If at first you don't succeed, try try again.