Home › Forums › Financial Markets/Economics › The Stimulus !
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February 8, 2008 at 2:37 PM #11760February 8, 2008 at 2:58 PM #149966
Coronita
ParticipantThis is a joke, right?
Let me get this straight.
1. People went in over their heads on a mortgage.
2. They're going to walk away on their financial obligations, which will allow them to free up more money for their living.
3. On top of that, the government is generously giving $1200 to people to spend, when it clearly doesn't have this money to give out.
4. Meanwhile the rest of the folks in america have been fiscally responsible and our next generations to come are going to be paying for this expense down the road
5. Now people from this group are going to complain they don't get a tax credit or writeoff when they do their taxes….
Um, what's wrong with this picture? God help us!
February 8, 2008 at 2:58 PM #150223Coronita
ParticipantThis is a joke, right?
Let me get this straight.
1. People went in over their heads on a mortgage.
2. They're going to walk away on their financial obligations, which will allow them to free up more money for their living.
3. On top of that, the government is generously giving $1200 to people to spend, when it clearly doesn't have this money to give out.
4. Meanwhile the rest of the folks in america have been fiscally responsible and our next generations to come are going to be paying for this expense down the road
5. Now people from this group are going to complain they don't get a tax credit or writeoff when they do their taxes….
Um, what's wrong with this picture? God help us!
February 8, 2008 at 2:58 PM #150235Coronita
ParticipantThis is a joke, right?
Let me get this straight.
1. People went in over their heads on a mortgage.
2. They're going to walk away on their financial obligations, which will allow them to free up more money for their living.
3. On top of that, the government is generously giving $1200 to people to spend, when it clearly doesn't have this money to give out.
4. Meanwhile the rest of the folks in america have been fiscally responsible and our next generations to come are going to be paying for this expense down the road
5. Now people from this group are going to complain they don't get a tax credit or writeoff when they do their taxes….
Um, what's wrong with this picture? God help us!
February 8, 2008 at 2:58 PM #150253Coronita
ParticipantThis is a joke, right?
Let me get this straight.
1. People went in over their heads on a mortgage.
2. They're going to walk away on their financial obligations, which will allow them to free up more money for their living.
3. On top of that, the government is generously giving $1200 to people to spend, when it clearly doesn't have this money to give out.
4. Meanwhile the rest of the folks in america have been fiscally responsible and our next generations to come are going to be paying for this expense down the road
5. Now people from this group are going to complain they don't get a tax credit or writeoff when they do their taxes….
Um, what's wrong with this picture? God help us!
February 8, 2008 at 2:58 PM #150321Coronita
ParticipantThis is a joke, right?
Let me get this straight.
1. People went in over their heads on a mortgage.
2. They're going to walk away on their financial obligations, which will allow them to free up more money for their living.
3. On top of that, the government is generously giving $1200 to people to spend, when it clearly doesn't have this money to give out.
4. Meanwhile the rest of the folks in america have been fiscally responsible and our next generations to come are going to be paying for this expense down the road
5. Now people from this group are going to complain they don't get a tax credit or writeoff when they do their taxes….
Um, what's wrong with this picture? God help us!
February 8, 2008 at 3:00 PM #149970(former)FormerSanDiegan
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
February 8, 2008 at 3:00 PM #150228(former)FormerSanDiegan
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
February 8, 2008 at 3:00 PM #150240(former)FormerSanDiegan
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
February 8, 2008 at 3:00 PM #150257(former)FormerSanDiegan
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
February 8, 2008 at 3:00 PM #150326(former)FormerSanDiegan
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
February 8, 2008 at 3:03 PM #149976Coronita
ParticipantOh please. Don't even get me started with these rebate checks. I don't care I'm not going to be getting one. It's just nice to know that the tax bill I will be paying this year is going to be money well spent by our government. I guess the only good news is that it's better it's this year while taxes are low, versus taxes down the road.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 3:03 PM #150232Coronita
ParticipantOh please. Don't even get me started with these rebate checks. I don't care I'm not going to be getting one. It's just nice to know that the tax bill I will be paying this year is going to be money well spent by our government. I guess the only good news is that it's better it's this year while taxes are low, versus taxes down the road.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 3:03 PM #150245Coronita
ParticipantOh please. Don't even get me started with these rebate checks. I don't care I'm not going to be getting one. It's just nice to know that the tax bill I will be paying this year is going to be money well spent by our government. I guess the only good news is that it's better it's this year while taxes are low, versus taxes down the road.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 8, 2008 at 3:03 PM #150262Coronita
ParticipantOh please. Don't even get me started with these rebate checks. I don't care I'm not going to be getting one. It's just nice to know that the tax bill I will be paying this year is going to be money well spent by our government. I guess the only good news is that it's better it's this year while taxes are low, versus taxes down the road.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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