What would you and your partner do with $1600.00?

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sdifox

No Lifer
Sep 30, 2005
100,640
18,001
126
I would put it towards mortgage, other people say you can do better in the stock market. I don't care for stock market.
 

lokiju

Lifer
May 29, 2003
18,526
5
0
PS3 and pay off some debt maybe...

Or pay off debts only.

Or put it towards a new car.
 

Tiamat

Lifer
Nov 25, 2003
14,068
5
71
Either of the following:
1. Part of my month's rent
2. New computer
3. Upgrade a stereo component

More than likely, it will go towards my rent :(
 

Alistar7

Lifer
May 13, 2002
11,978
0
0
Originally posted by: Queasy
Originally posted by: OdiN
Originally posted by: FoBoT
Originally posted by: OdiN
Camera lens. But I expect more than $800 back. So two camera lenses.

this isn't your normal tax refund, this is your special "the govt. it going to stop a recession by giving people money to spend" refund

you'll still get your tax refund when you file

Wait a minute....I'm going to get an extra $800 for free? How do I get this?

Bush just put out an 'economic stimulus proposal' a few hours ago. It still has to be passed by Congress. It is like the other 'Tax Rebate' thing the feds did a few years ago.

He urged congress to act on a proposal they (democrats) have already been considering. The rebates are not his brainchild nor or are they any part of the type of plan the GOP would prefer. Of course the GOP favors tax breaks for business.

http://public.cq.com/docs/cqm/...y110-000002656150.html

Schumer said the package is expected to cost about $100 billion. While details have yet to be finalized, Democrats have consistently favored some form of tax rebate in an effort to get cash into the hands of consumers, along with expanded unemployment insurance and food stamp benefits.

Meanwhile, House Republican Chief Deputy Whip Eric Cantor of Virginia and members of the conservative Republican Study Committee touted a proposal that focuses on tax breaks for businesses. ?Job growth ? not increased government spending ? is the key to addressing the slowdown in investment due to the housing crisis,? Cantor said.

China does not "loan us money", they purchase our debt, if they stop we are fubared. If we don't get our deficit spending under control it won't matter, soon enough there won't be enough foreign money being invested to keep up with what we will need to balance our debt.


 

Anubis

No Lifer
Aug 31, 2001
78,712
427
126
tbqhwy.com
[lewis black] 300$ would have stimulated the economy if it was 19 fifty fucking six and you could buy something [/lewis black]
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
Originally posted by: Alistar7
He urged congress to act on a proposal they (democrats) have already been considering. The rebates are not his brainchild nor or are they any part of the type of plan the GOP would prefer. Of course the GOP favors tax breaks for business.

http://public.cq.com/docs/cqm/...y110-000002656150.html

Schumer said the package is expected to cost about $100 billion. While details have yet to be finalized, Democrats have consistently favored some form of tax rebate in an effort to get cash into the hands of consumers, along with expanded unemployment insurance and food stamp benefits.

Meanwhile, House Republican Chief Deputy Whip Eric Cantor of Virginia and members of the conservative Republican Study Committee touted a proposal that focuses on tax breaks for businesses. ?Job growth ? not increased government spending ? is the key to addressing the slowdown in investment due to the housing crisis,? Cantor said.

Doesn't bother me. Business taxes are ultimately paid for by the public anyways. Either through less jobs, increased costs of goods, or reduced shareholder payouts.
 

nageov3t

Lifer
Feb 18, 2004
42,808
83
91
I'd make a $400 payment to my credit card and a $400 payment on the account I took out to buy my mattress/bed back in August (I owe about 1K on my credit card and $700 on the mattress... that'd be in addition to my $250x2 payments).
 

amdhunter

Lifer
May 19, 2003
23,332
249
106
Since I, like the majority of ATOT'ers see $800 (or $1600) as pocket change, I'll just buy some weed and use the bills as folding paper.

Or maybe I'd use it to wipe my butt after I poop.
 

judasmachine

Diamond Member
Sep 15, 2002
8,515
3
81
quad core, max out ram, and maybe an LCD TV. well that is if the ole lady let me spend it all.
 

Alistar7

Lifer
May 13, 2002
11,978
0
0
Originally posted by: Queasy
Originally posted by: Alistar7
He urged congress to act on a proposal they (democrats) have already been considering. The rebates are not his brainchild nor or are they any part of the type of plan the GOP would prefer. Of course the GOP favors tax breaks for business.

http://public.cq.com/docs/cqm/...y110-000002656150.html

Schumer said the package is expected to cost about $100 billion. While details have yet to be finalized, Democrats have consistently favored some form of tax rebate in an effort to get cash into the hands of consumers, along with expanded unemployment insurance and food stamp benefits.

Meanwhile, House Republican Chief Deputy Whip Eric Cantor of Virginia and members of the conservative Republican Study Committee touted a proposal that focuses on tax breaks for businesses. ?Job growth ? not increased government spending ? is the key to addressing the slowdown in investment due to the housing crisis,? Cantor said.

Doesn't bother me. Business taxes are ultimately paid for by the public anyways. Either through less jobs, increased costs of goods, or reduced shareholder payouts.

Of course anytime a business gets a tax break they pass those savings along to the consumer instead of just pocketing the difference for a greater profit margin. I'll take my $ up front ty....

 

child of wonder

Diamond Member
Aug 31, 2006
8,307
176
106
$1,600 would simply go into our savings account so we'll have it when one of us gets laid off thanks to the impending recession.
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
Originally posted by: Alistar7
Originally posted by: Queasy
Originally posted by: Alistar7
He urged congress to act on a proposal they (democrats) have already been considering. The rebates are not his brainchild nor or are they any part of the type of plan the GOP would prefer. Of course the GOP favors tax breaks for business.

http://public.cq.com/docs/cqm/...y110-000002656150.html

Schumer said the package is expected to cost about $100 billion. While details have yet to be finalized, Democrats have consistently favored some form of tax rebate in an effort to get cash into the hands of consumers, along with expanded unemployment insurance and food stamp benefits.

Meanwhile, House Republican Chief Deputy Whip Eric Cantor of Virginia and members of the conservative Republican Study Committee touted a proposal that focuses on tax breaks for businesses. ?Job growth ? not increased government spending ? is the key to addressing the slowdown in investment due to the housing crisis,? Cantor said.

Doesn't bother me. Business taxes are ultimately paid for by the public anyways. Either through less jobs, increased costs of goods, or reduced shareholder payouts.

Of course anytime a business gets a tax break they pass those savings along to the consumer instead of just pocketing the difference for a greater profit margin. I'll take my $ up front ty....

Or by reinvesting in their business to create more jobs, better productivity, newer products, etc etc. This hyperbole of 'greater profit margins' is great. Most businesses would be ecstatic to make a 10% profit margin but actually make less (including those evil oil companies).

As I said earlier, we'd be a lot better off if the government just got the hell out of the way instead of taxing and regulating everything that moves.
 

paulxcook

Diamond Member
May 1, 2005
4,277
1
0
Would we actually get the $1600, or is this tax rebate taxable?

I'm only kind of kidding.

I'd probably use it as a down payment for a car.
 

MattCo

Platinum Member
Jan 29, 2001
2,198
2
81
What about the $85,000/$110,000 cut off? Don't most ATOT'ers make much more than that?


(single/couple)





 

torpid

Lifer
Sep 14, 2003
11,631
11
76
Originally posted by: MattCo
What about the $85,000/$110,000 cut off? Don't most ATOT'ers make much more than that?

Was going to post the same thing... I won't qualify.