Economy boost ,what would you buy

[Super Fluke]

Well, my wife said that if we get the doe,it's going to a new couch & chair, and my kids what thier share. I don't think so. 1,800.00 would be nice!!! What would you guys or gals get?

[Chromaflage]

Here's some irony. I'm thinking a trip to Cabo.

[ICHTHYDEMON]

My wife wants furniture as well.

[RogueFishr]

I will probably pay my gas bill for the month.

RF

[namu mac]

If it comes to pass I think the gas dock at Ilwaco will get most of ours. Look out tuna GW is taking us fishin.

[Snapset]

Stock in Baidu

[baltz526]

quarterly check to the IRS is exactly where i'll send it

[BARCHASER]

Pay off credit card debt or put some $ on my daughters college loan.

[Ray]

Originally Posted by Super Fluke

Well ,my wife said that if we get the doe,it's going to a new couch & chair,and my kids what thier share.I don't think so.1,800.00 would be nice!!! What would you guys or gals get?

Well just looking at some of your other posts, being that your a high school student with a wife and 2 children. I think I would take that money and apply it towards some more education. It's tough being that young and having a family. I know I've done it.

[fish_on]

The irony is that those that don't pay taxes are the first to get this "refund" and those that make over 75K/year get nothing. I guess I'll just keep paying so that those who pay nothing can still get free money.

[Ryan Pultz]

Were Going to Disneyland in October thanks you!

[Rank Amateur]

Buy more bullets for when the economy really crashes and I have to defend the castle.

[Pickles]

Originally Posted by fish_on

The irony is that those that don't pay taxes are the first to get this "refund" and those that make over 75K/year get nothing. I guess I'll just keep paying so that those who pay nothing can still get free money.

Actually that is only where your rebate will begin to faze out if single. I believe that if married, your rebate check doesn't begin to fase out until you hit 150k. Also individuals with incomes up to 87k and couples up to 174k will get partial rebates. The caps will be higher for those who have kids. Kids = an additional $300 a piece!

[stilly bum]

Originally Posted by fish_on

The irony is that those that don't pay taxes are the first to get this "refund" and those that make over 75K/year get nothing. I guess I'll just keep paying so that those who pay nothing can still get free money.

Those with children will also get more of a "refund" than those without, even though parents pay less into the system. It's not a refund or economic stimulus, it's wealth redistribution.

[STGRule]

Well just looking at some of your other posts, being that your a high school student with a wife and 2 children. I think I would take that money and apply it towards some more education. It's tough being that young and having a family. I know I've done it.

A father and son share the moniker.

[Abalone]

Savings !!

[traks44]

money I can invest in more livestock...........

[goodkarma]

Looks like I'd be in the top category, married, decent income, 3 kids = $2100. It's always nice to get some cash, but the reality is that amount doesn't do much for us. I suppose maybe we'd do something for the kids with it.

[CATCH AND EAT]

Originally Posted by namu mac

If it comes to pass I think the gas dock at Ilwaco will get most of ours. Look out tuna GW is taking us fishin.

Ditto. Should be good for 1/5 trips to the tuna grounds. Ya think?

[Radke]

Originally Posted by fish_on

The irony is that those that don't pay taxes are the first to get this "refund" and those that make over 75K/year get nothing. I guess I'll just keep paying so that those who pay nothing can still get free money.

as difficult as that may be to swallow, it is this group of people who will most benefit the economy when they spend their money. Why, because it probably will be on basics, food, heat, gas. Things that are purchased locally helping the local economy.

I'll either put it into savings, or pay down a high interest second mortgage I took out to purchase a new boat. Neither one will help the economy much.

[fish_on]

Originally Posted by stilly bum

Those with children will also get more of a "refund" than those without, even though parents pay less into the system. It's not a refund or economic stimulus, it's wealth redistribution.

Ya the folks with kids getting additional money per kid really burns me. Wealth redistribution is what this really is and it's not going to do anything for a stimulus. Sorry we should call this what it really is, a handout.

[Ken Drifter]

Post edited by ME
OUCH...Must of hurt some feelings...My Bad

[retaliate]

No particular purchases for me, Halibut/Ocean season starts about the time the Checks arrive so that should help with the high Fuel prices, I don't see this as a big boost to my personnel Economic situation tho, as my wages are still not keeping up with inflation, but every little bit helps.

[Pickles]

Originally Posted by fish_on

Ya the folks with kids getting additional money per kid really burns me. Wealth redistribution is what this really is and it's not going to do anything for a stimulus. Sorry we should call this what it really is, a handout.

Oh I wouldn't call it a hand out, more like a very expensive loan! And even worse it's our kids and grandkids that are going to be responsible to pay it back!

But don't get me wrong, I will take the money it will go nicely in our vacation fund to take our son to disneyland!

[fish_on]

Originally Posted by Ken Drifter

Not to start a war, But have you raised kids ? Put them in College. Fed and clothed them for 20 years ? Paid out hundreds of dollars a year for sports. Bought them there first car ? Medical-Dental...etc etc. If you have then you would understand. And maybe have a little more respect for parents. Kids are not cheap. So the fact that we get a bigger "handout" is OK by me.

I just don't get this argument, isn't having kids a choice or were you forced to procreate at gun point? And the fact that you made the CHOICE to procreate (oh ya it's not a "miracle" its a bodily function that happens all the time in every species) should you be entitled to more? You have a CHOICE on how many to have, you don't HAVE to spend thousands for sports, you don't HAVE to buy them a car, you don't HAVE to do anything. You can actually do what people before you did for thousands of years and make your kids learn that sometimes life sucks and you have to do without. You made a choice now live with it! I made a choice to buy a boat, maybe that should entitle me to a extra refund to pay for gas and gear. I really don't care what it cost to pay for your CHOICES you made them now YOU pay for them not ME. If you can't afford them and need feel entitled to extra compensation than everyone else because of that then maybe you shouldn't have any.

[rimrock]

Originally Posted by fish_on

I just don't get this argument, isn't having kids a choice or were you forced to procreate at gun point? And the fact that you made the CHOICE to procreate (oh ya it's not a "miracle" its a bodily function that happens all the time in every species) should you be entitled to more? You have a CHOICE on how many to have, you don't HAVE to spend thousands for sports, you don't HAVE to buy them a car, you don't HAVE to do anything. You can actually do what people before you did for thousands of years and make your kids learn that sometimes life sucks and you have to do without. You made a choice now live with it! I made a choice to buy a boat, maybe that should entitle me to a extra refund to pay for gas and gear. I really don't care what it cost to pay for your CHOICES you made them now YOU pay for them not ME. If you can't afford them and need feel entitled to extra compensation than everyone else because of that then maybe you shouldn't have any.

It’s apparent you don’t understand how important of an economic factor children are to a nation.

[uhmw]

Originally Posted by fish_on

Ya the folks with kids getting additional money per kid really burns me. Wealth redistribution is what this really is and it's not going to do anything for a stimulus. Sorry we should call this what it really is, a handout.

Ya and some of our children will go on to fight wars for us or become doctors and nurses fireman or police officers to care for you in your old age. Other children will go on to finance your social security when you cant work any more. Some of our kids will develope products and companys that might make your life a little easyer or last longer. Kids really make the world go round. No one forced us but some day you might be greatfull for our kids.

I dont know about you but IM going to Disney land. Then Ill start planing my Alaska adventure!!! THANKS GEORGE W.

[PGJPJ]

Originally Posted by fish_on

I just don't get this argument, isn't having kids a choice or were you forced to procreate at gun point? And the fact that you made the CHOICE to procreate (oh ya it's not a "miracle" its a bodily function that happens all the time in every species) should you be entitled to more? You have a CHOICE on how many to have, you don't HAVE to spend thousands for sports, you don't HAVE to buy them a car, you don't HAVE to do anything. You can actually do what people before you did for thousands of years and make your kids learn that sometimes life sucks and you have to do without. You made a choice now live with it! I made a choice to buy a boat, maybe that should entitle me to a extra refund to pay for gas and gear. I really don't care what it cost to pay for your CHOICES you made them now YOU pay for them not ME. If you can't afford them and need feel entitled to extra compensation than everyone else because of that then maybe you shouldn't have any.

Ahhh, sounds like a product of Generation “Me.” It’s only $300 bucks for a kid, geeze.

And it’s not a “biological” function like sitting on the toilet. But you’ll have no idea unless you have one. The only treasure in life are your children.

[Ken Drifter]

And once again.....self edited.....

"Hope ya read it though..."

[whatugetemon]

Originally Posted by fish_on

I just don't get this argument, isn't having kids a choice or were you forced to procreate at gun point? And the fact that you made the CHOICE to procreate (oh ya it's not a "miracle" its a bodily function that happens all the time in every species) should you be entitled to more? You have a CHOICE on how many to have, you don't HAVE to spend thousands for sports, you don't HAVE to buy them a car, you don't HAVE to do anything. You can actually do what people before you did for thousands of years and make your kids learn that sometimes life sucks and you have to do without. You made a choice now live with it! I made a choice to buy a boat, maybe that should entitle me to a extra refund to pay for gas and gear. I really don't care what it cost to pay for your CHOICES you made them now YOU pay for them not ME. If you can't afford them and need feel entitled to extra compensation than everyone else because of that then maybe you shouldn't have any.

I don't think those of us with kids demanded or even asked for the additional rebate, so being angry at us doesn't solve anything. The goal of the rebates is to stimulate the economy. I bet people with children are more likely to spend and those without are more likely to save (generally).

I'm not an economics expert and do not know if this plan will help the economy long term, but if I were giving out money with the goal of stimulating the economy, I would give a higher % to those who I thought would spend it.

BTW, I do just fine taking care of my family and I've never received any government assistance.

[StickFish]

Snow Board Gear for the oldest blood sucking "Choice" I made since it will come about the time of her birthday that I gladly choose to celebrate. Than maybe that elliptical that Mrs Sea wants and anything left goes into my toy/gas fund more likely cover my share of fuel this summer - well maybe

[JustCallMeDave]

Here forward I'd like to return this discussion to the whimsical subject that the OP presented, which is discussing what you all are going to do with the money that the feds are sending down.

Thanks.

[whatugetemon]

I'll probably use my rebate to help outfit my new boat and spend a little more than we would have on our upcoming trip to Disneyland. Even though I have 2 kids, I might sock a little away for a a rainy day as well.

[bluebackbil]

put it in the bank, they'll want it back next year.

[Queeg]

I'll be paying interest on stuff I already bought.

You gotta wonder where that money comes from when our nation is $9 trillion in the hole. Just sayin'. See Line 1.

[TheRogue]

I'll do exactly what the politicians and economists DON'T want me to do.

I'll put it toward paying some more credit down, and it won't go into the economy (not directly). Sure looking like more and more folks will be doing that, rather than rushing out and spending it.

Posts from above are correct though; in terms of an economic stimulus, it would actually be BETTER to put MORE money into the low income people's hands, because they are much more likely to spend it outright.

My .02

TR

[JustCallMeDave]

Originally Posted by Queeg

You gotta wonder where that money comes from when our nation is $9 trillion in the hole.

Primarily China, Japan, and Russia.

[someguy29187]

I'm think I will be paying off some credit card bills, and putting the rest in the bank towards having a "choice" or Baby as some people know it as...Hehe I couldn't resist.

[River Ranger]

So what determines(sp?) who gets what. I have not heard any numbers yet. Thanks in advance.

RR.

[lundprov]

I am going to put it towards my guide license if it shows up in the next month in a half or pay my self back if its not here by then

[7066]

It is communist that I payed out as much as I did in taxes and will recieve absolutely zero for a rebate. It is counter intuitive. Please remember you will be paying taxes on that rebate next year. The Feds were right about one thing if I got the rebate it would have gone into investments. If you are getting the rebate I sincerely hope you enjoy it.

[negoc8]

It will all depend on who makes it to the mail box first!!

Kidding, of course. it will be divided into two parts, one part for the family and the other for the family! An extra bump in June wont hurt my feelings. At $3.00 + a gal. it will mean a few more trips to the beach.

[Just_learning]

not gonna spend it...gonna invest it abroad in emerging markets.

The smart thing to do would be for the people in debt to actually pay some of it.

[Joe C]

I'm not going to plan on getting it, and when I get it, I'm going to pretend like I didn't. It's gonna get tucked away in the bank as rainy day money. I don't think we'll be getting a whole lot anyways, we might have made too much last year.

[James in Idaho]

Into the bank it goes. I think it's a really bad idea, but hey, it is an election year, go figure.

[Stowaway]

My kids will get $300 each and they can do as they please with it....they'll most likely opt to put it in the bank as they do all their money, they are 4 & 5 years old. My wife and I will take a short weekend gettaway. I really wish I had read this earlier though.

[JustCallMeDave]

As soon as the first batch of checks go out, the advertising from the retail stores is gonna be extensive.

[mpmax]

If you don't encourage folks to have kids today, there won't be any tax PAYERs tomorrow.

[garyk]

Enough "whimsey", Dave. Let's talk about real unavoidable deal - taxes!

Since the Feds are calling this a tax-rebate, based on 2007 filings, what they're really doing is retroactively changing the '07 tax tables. Therefore, I don't believe this will be a taxable event for 2008 Federal taxes (sure hope I'm right).

But Oregon state tax situation is a lot less clear. Thoughts? Where's those tax guys when ya need 'em?

[nehalemguy]

Originally Posted by James in Idaho

Into the bank it goes. I think it's a really bad idea, but hey, it is an election year, go figure.

Bingo! Someone finally nailed it. Election year handout which is why it is mainly going to the lower income brackets. This has little to do with economic stimulus.

E

[baltz526]

yes it is a bad idea, and i really hope it falls apart in the senate

[Super Fluke]

Originally Posted by Ray

Well just looking at some of your other posts, being that your a high school student with a wife and 2 children. I think I would take that money and apply it towards some more education. It's tough being that young and having a family. I know I've done it.

My dad made the post, him and I share this user name. You can usally tell when my dad makes posts, his grammer is worse than mine.

Well, I think that I should get my $300 of the tax rebate lol.

[PGJPJ]

Originally Posted by baltz526

yes it is a bad idea, and i really hope it falls apart in the senate

I’m going to laugh by butt off if it falls apart in the Senate. After all the hype and media attention? If it blows up there will be a bunch of politician with egg on their face. And that’s always a good thing.

I don’t think it will though. No politician is going to stand between the American people, and a fat check they promised them. Plus it was in the media before it was even agreed upon, which makes it kind of hard to stand against it when everyone now expects a check.

[Ray]

Originally Posted by Super Fluke

My dad made the post, him and I share this user name. You can usally tell when my dad makes posts, his grammer is worse than mine.

Well, I think that I should get my $300 of the tax rebate lol.

Well thanks for clearing that up for me, but how do I tell you apart. Will one of you be Super Fluke 1 and the other Super Fluke 2?

Ray

[Super Fluke]

Originally Posted by Ray

Well thanks for clearing that up for me, but how do I tell you apart. Will one of you be Super Fluke 1 and the other Super Fluke 2?

Ray

I'm nick the 15 year old, my dad is vinny he's like 45. I usally talk like a high school, my dad usally talks like an adult and he has bad grammer.

[Amahnee]

I'm giving mine to Fish On. J/K!

[weekender]

Originally Posted by Radke

as difficult as that may be to swallow, it is this group of people who will most benefit the economy when they spend their money. Why, because it probably will be on basics, food, heat, gas. Things that are purchased locally helping the local economy.

Huh?

So your telling me that "group of people" doesn't spend their money on "basics, food, heat, gas" the other 11 months out of the year?

The truth is if you want to stimulate the economy you give it to the poor people. They'll blow through it much faster than the guys that already have good jobs and incomes whom end up banking it.

[Something Good]

Sounds like a bad idea since it doesn't sound like I'm a refund candidate.

[Freakwater]

Don't know the particulars of this "rebate" yet, but if it's like the one W gave out in '01(?), it's no rebate or handout at all. It may be (like last time) just an advance on your '08 return.

Freakwater

[JustCallMeDave]

Originally Posted by Super Fluke

I'm nick the 15 year old, my dad is vinny he's like 45. I usally talk like a high school, my dad usally talks like an adult and he has bad grammer.

So given the "talk like a high school" grammatical issue there, I'm having a tough time knowing if this is junior or senior.