Increase the Tax rebate to: $5,700 for singles , $7,500 for couples , $1,700 for child credit. Remove Payroll rax for a year, Lower the Corporate tax.
John McCain presented a graph but the problem is that the REBATE was too small. Too many people have bills and credit cards to payoff and other expenses to payoff. Therefore, the only route out of this recession/Depression is to adopt my proposal(s) !!!!
Message to House and Senate Republicans: TAX CUTS are only part of the solution NOT the only solution! The other part of the solution is some of the Democratic programs! What is missing is DIRECT capital reimbursement to the tax payers!!!
Yes, cut the taxes but give the people a check!!! $36,000 / $72,000 / $108,000 / $144,000 . This is Capital reimbursement for any tax payer who has been a worker for 10 yrs then double it if they were also in military service then 3X if they were also students then 4X if they are over 55 yrs of age. The states when then tax the check through Income tax. California would definately benefit through this federal payout to taxpayers!!!!
Increase the Tax rebate to: $5,700 for singles , $7,500 for couples , $1,700 for child credit. Remove Payroll rax for a year, Lower the Corporate tax. THEN and also....
You seems to not be getting the idea. The idea is that working in US isn't business anymore, if you are going to stay in US then apply for a job in congress or for welfare, otherwise goverment will take care of you with taxes, healthcare prices and inflation. Seems like goverment is needing a socialism to keep going with their policies both domestics and foreign.
In most cases, payments will range from $300 to $600 for individuals and $600 to $1200 for joint filers. Taxpayers may receive $300 for each qualifying child. Payments could be less, depending on tax liabilty and Adjusted Gross Income. Phaseout reduction begins at $75,000 for single filers and $150,000 for joint filers.
Examples of how the Economic Stimulus Act of 2008 may affect taxpayers who are single and either childless or do not have children who qualify for the child tax credit:
1) Individual with wages of $4,000, no federal income tax liability.
Pretty much the poor got faked out again on this one, typical USA government tactics scream 600 and fork over much less, The usa government is so full of shit these days after these go though the eco is surely tanking into recession once the reality that most Americans will get around half of what they where told they would get. In reality this plan is not targeted to help the poorest of Americans. Anyone making 35k or more a year is not in trouble unless they don't manage their money correctly.
Those who believed the politicians and ran up those credit cards waiting for that 1200 are screwed. How sad is that the richest country in the world cant come good on is promise to its citizens. This will just underscore the lack of faith in this government and eco to the citizens of America and the Republicans need to tried as traitors and hung. I would expect something similar this election year with votes unless you like paying 7 dollars for 2 gallons of gas. Go team stupid(republicans)
Do we thank the Chinese? They are going to own so much of this country that they will not be able to go to war with us. This is pure irresponsible bullshit by irresponsible politicians.
And isn't it funny how they can make this happen in 10 days but when it comes to jobs health care and enviroment it takes decades to make anything happen!?!
Only thing my tax rebate is going to do is going to pay past due energy and gasoline bills. Not going to stimulate anything but our Texas Oil Man presidents friends pockets. BS
our president has to be retarded. our government is in deficit and they're giving us money they don't have, using credit, so we can buy goods that are made in another country like china because nothing is made in the united states. how about doing something intelligent like repairing our infrastructure with this money and using american products and workers to do this?
our president has to be retarded. our government is in deficit and they're giving us money they don't have, using credit, so we can buy goods that are made in another country like china because nothing is made in the united states. how about doing something intelligent like repairing our infrastructure with this money and using american products and workers to do this?
-Bush opened his presidency with sending a check to families, he's closing it with it too...history will show him for the moron he is. MANY people owe the IRS already because of the huge percentage demanded, and the increased prices of everthing. We wont see a dollar of this "plan".
Thanks you to all of our grandchildren for the $600 load. How is this going to help get us out of this hole? Most of you will use it to pay bills. Here is another idea. Only use this money on good and services from the USA. If we buy crap from China we help them in killing Tibetans. Give up on "Made in China" for a day/month/year/life. Pass this on, start a movement.
You're right...almost everyone in America is in debt, people aren't just gonna go out and consume. People will use it to pay off debts, and the economy will continue to sink into recession.
For instance, if you receive 1200 and next year you get 1800 back, you get 600. But if you only get 800 back, you do not owe 400. You get zero and keep the difference. This is what I mean by free money.
Get your facts straight. First of all there is conflicting information out there of whether it is an advance. But everything that says it is, says you will not owe if you return is less for 08. aka free money
It's not a rebate. It's an advance on next year's tax return. Look at the IRS website and they refer to it as an "advance payment." This is what Bush did before. Whatever you receive will come out of your tax return in April 2009. So, if you usually owe money on your taxes each year, you'll just owe $600 more come April 2009.
Reganomics? What about supply side economics? Starting an illegal unnecessary war in the middle which disrupted world wide oil supplies, and drove oil prices to an all time high in a petroleum based economy might have something to do with the wrecked economy. Of course, conservatives will find a way to blame it on working class America. Maybe they can blame it on people who took out loans to buy houses.
Can I ask you something? What's it like to be soooo wrong and not even know it? Kucinich? Please. "War Built America", did you read that on a bumper sticker? That's quite the misperception you've got there.
Anyway, back on point. Before you mention Reganomics, you should probably take time to understand what it means. FISCAL CONSERVATIVISM = LESS GOVERNMENT SPENDING.
Suck it, bitch?? And that's how you comport yourself at age 55? That's pathetic.
Anyway, war created this nation, defined our growth and continued greatness. We must always stand against those who would covet our wold position and seek to challenge it.
Iran is next on the list unless we get some liberal elected or an isolationist like Ron Paul.
America rejects both visions, so that won't happen this election cycle.
Spread the word! The Rebate Credit is not really a rebate! But instead it is an advance on your own money that you would recieve in the form of a tax return on your following years income. A real rebate would have actually come from the money you paid taxes in LAST year. Bush is just loaning you your own money instead of giving it back to you free and clear. The American people are so stupid that they have no idea how it really works.
And the lib's won't go for that because it would mean the poor get nothing even though they paid nothing. So, people will need to report this as income in 2009.
What's stupid is that we are so over taxed as it is.
we are already in a depression and now all this money is getting printed that will decrease the value of our dollar even more.if we wouldn't have got into this illegal war in the 1st place we wouldn't need to borrow money from china or try to stimulate the economy.this is just another bullshit plan from our corrupt leaders. thanx again GW for destroying our country hope your oil makes you happy
Definition of Irony - Biggest SubPrime Collapse - (New Century Financial).
Largest Creditor to New Century - (Goldman sachs). CEO of Goldman Sachs until 7/10/2006 when he bacame our 74th Secretary of Treasury - Henry Paulson. FYI... 7/10/06 was also the peak of the housing market.
The tax rebate was supposed to be $800 for tax paying individuals and $1600 for married couples, now its $600 for indiviuals and $1200 for married couples? talk about getting peoples hopes up
Increase the Tax rebate to: $5,700 for singles , $7,500 for couples , $1,700 for child credit. Remove Payroll rax for a year, Lower the Corporate tax.
cris750 3 years ago
I never got my rebate I only file once every 5 years
xlioilx 3 years ago
John McCain presented a graph but the problem is that the REBATE was too small. Too many people have bills and credit cards to payoff and other expenses to payoff. Therefore, the only route out of this recession/Depression is to adopt my proposal(s) !!!!
cris750 3 years ago
Message to House and Senate Republicans: TAX CUTS are only part of the solution NOT the only solution! The other part of the solution is some of the Democratic programs! What is missing is DIRECT capital reimbursement to the tax payers!!!
cris750 3 years ago
Yes, cut the taxes but give the people a check!!! $36,000 / $72,000 / $108,000 / $144,000 . This is Capital reimbursement for any tax payer who has been a worker for 10 yrs then double it if they were also in military service then 3X if they were also students then 4X if they are over 55 yrs of age. The states when then tax the check through Income tax. California would definately benefit through this federal payout to taxpayers!!!!
cris750 3 years ago
Increase the Tax rebate to: $5,700 for singles , $7,500 for couples , $1,700 for child credit. Remove Payroll rax for a year, Lower the Corporate tax. THEN and also....
cris750 3 years ago
Wanna know how America really spent the Economic Stimulus money? Go to our Synthesis YouTube Channel and find out...
synthesismagazine 3 years ago
You seems to not be getting the idea. The idea is that working in US isn't business anymore, if you are going to stay in US then apply for a job in congress or for welfare, otherwise goverment will take care of you with taxes, healthcare prices and inflation. Seems like goverment is needing a socialism to keep going with their policies both domestics and foreign.
ficote72 3 years ago
This is bullshit. I don't think tax rebates should be the concern of the White House. Great job, George!
patquinnchin 3 years ago
Democrats wanted it as well.
nesnman 3 years ago
In most cases, payments will range from $300 to $600 for individuals and $600 to $1200 for joint filers. Taxpayers may receive $300 for each qualifying child. Payments could be less, depending on tax liabilty and Adjusted Gross Income. Phaseout reduction begins at $75,000 for single filers and $150,000 for joint filers.
xiola6969 3 years ago
Examples of how the Economic Stimulus Act of 2008 may affect taxpayers who are single and either childless or do not have children who qualify for the child tax credit:
1) Individual with wages of $4,000, no federal income tax liability.
Individual rebate is $300
xiola6969 3 years ago
2) Individual with no wages, veterans' payments of $2,000, social security benefits of $2,000, no federal income tax liability.
Individual rebate is $300
3) Individual with no wages, no social security benefits, veterans' payments of $4,000, no federal income tax liability.
Individual rebate is $300
4) Individual with no wages, no social security benefits, no veterans' benefits, AGI is $10,000, federal income tax liability is $125.
Individual rebate is $300
xiola6969 3 years ago
5) Individual with AGI is $12,000, federal income tax liability is $325.
Individual rebate is $325
6) Individual with AGI is $35,000, federal income tax liability in excess of $600.
Individual rebate is $600
7) Individual with AGI is $80,000, federal income tax liability in excess of $600.
Individual rebate is $600
Phase out reduction is ($250)
TOTAL is $350
xiola6969 3 years ago
Pretty much the poor got faked out again on this one, typical USA government tactics scream 600 and fork over much less, The usa government is so full of shit these days after these go though the eco is surely tanking into recession once the reality that most Americans will get around half of what they where told they would get. In reality this plan is not targeted to help the poorest of Americans. Anyone making 35k or more a year is not in trouble unless they don't manage their money correctly.
xiola6969 3 years ago
Those who believed the politicians and ran up those credit cards waiting for that 1200 are screwed. How sad is that the richest country in the world cant come good on is promise to its citizens. This will just underscore the lack of faith in this government and eco to the citizens of America and the Republicans need to tried as traitors and hung. I would expect something similar this election year with votes unless you like paying 7 dollars for 2 gallons of gas. Go team stupid(republicans)
xiola6969 3 years ago
Do we thank the Chinese? They are going to own so much of this country that they will not be able to go to war with us. This is pure irresponsible bullshit by irresponsible politicians.
clpsw7 3 years ago
And isn't it funny how they can make this happen in 10 days but when it comes to jobs health care and enviroment it takes decades to make anything happen!?!
bgh831 3 years ago
Only thing my tax rebate is going to do is going to pay past due energy and gasoline bills. Not going to stimulate anything but our Texas Oil Man presidents friends pockets. BS
bgh831 3 years ago
This has been flagged as spam show
our president has to be retarded. our government is in deficit and they're giving us money they don't have, using credit, so we can buy goods that are made in another country like china because nothing is made in the united states. how about doing something intelligent like repairing our infrastructure with this money and using american products and workers to do this?
mordred612 3 years ago
This has been flagged as spam show
our president has to be retarded. our government is in deficit and they're giving us money they don't have, using credit, so we can buy goods that are made in another country like china because nothing is made in the united states. how about doing something intelligent like repairing our infrastructure with this money and using american products and workers to do this?
mordred612 3 years ago
This has been flagged as spam show
wheres my money???
Eliot900 3 years ago
Where does that $600 come from anyway?
Surtur 3 years ago
-Bush opened his presidency with sending a check to families, he's closing it with it too...history will show him for the moron he is. MANY people owe the IRS already because of the huge percentage demanded, and the increased prices of everthing. We wont see a dollar of this "plan".
guitarguyfrank 3 years ago
Drug Money
tuchy 3 years ago
Thanks you to all of our grandchildren for the $600 load. How is this going to help get us out of this hole? Most of you will use it to pay bills. Here is another idea. Only use this money on good and services from the USA. If we buy crap from China we help them in killing Tibetans. Give up on "Made in China" for a day/month/year/life. Pass this on, start a movement.
1PissedOffPuppet 3 years ago
sounds fishy!.. i'll believe it, when i see it.
battleaxisbamm 4 years ago
I can't believe George thinks there are enough stupid people that will just go out and blow this "free money".....
I'm not sure about you guys, but this will be going directly into my savings account....
This plan will backfire, just like anything this horrid administration has done since 2001. Way to go Republicans.
timmyblaze 4 years ago
You're right...almost everyone in America is in debt, people aren't just gonna go out and consume. People will use it to pay off debts, and the economy will continue to sink into recession.
Surtur 3 years ago 2
does anyone know if its available for every working individuals/couples in the U.S, or only for american citizens?
gnet02 4 years ago
For instance, if you receive 1200 and next year you get 1800 back, you get 600. But if you only get 800 back, you do not owe 400. You get zero and keep the difference. This is what I mean by free money.
whitemanatc 4 years ago
Get your facts straight. First of all there is conflicting information out there of whether it is an advance. But everything that says it is, says you will not owe if you return is less for 08. aka free money
whitemanatc 4 years ago
It's not a rebate. It's an advance on next year's tax return. Look at the IRS website and they refer to it as an "advance payment." This is what Bush did before. Whatever you receive will come out of your tax return in April 2009. So, if you usually owe money on your taxes each year, you'll just owe $600 more come April 2009.
extracurricular99 4 years ago
Exactly - Look up video; It's Not A Rebate
thejetdrvr 4 years ago
Hush Money
rehndawg 4 years ago
Its not a rebate if you didn't pay anything in.
jarvis1211 4 years ago
Sweet i can pay my local taxes with federal refund and this badass $600
HEY I WILL STILL BE BROKE
speed4207 4 years ago
Liberals don't like it when tax payers get back money. This is Reaganomics, and even the Democrats know it works.
truthenforcer 4 years ago
Wow..six hundred bucks! That's gonna fix it!
Reganomics? What about supply side economics? Starting an illegal unnecessary war in the middle which disrupted world wide oil supplies, and drove oil prices to an all time high in a petroleum based economy might have something to do with the wrecked economy. Of course, conservatives will find a way to blame it on working class America. Maybe they can blame it on people who took out loans to buy houses.
UncleRico13 4 years ago 3
You sound like a Kucini-bitch supporter. And War built America so liberals sissies like you can cry and moan about how bad we all are.
Move to France!
truthenforcer 4 years ago
Can I ask you something? What's it like to be soooo wrong and not even know it? Kucinich? Please. "War Built America", did you read that on a bumper sticker? That's quite the misperception you've got there.
Anyway, back on point. Before you mention Reganomics, you should probably take time to understand what it means. FISCAL CONSERVATIVISM = LESS GOVERNMENT SPENDING.
So, SUCK IT, BITCH!
UncleRico13 4 years ago 3
Suck it, bitch?? And that's how you comport yourself at age 55? That's pathetic.
Anyway, war created this nation, defined our growth and continued greatness. We must always stand against those who would covet our wold position and seek to challenge it.
Iran is next on the list unless we get some liberal elected or an isolationist like Ron Paul.
America rejects both visions, so that won't happen this election cycle.
truthenforcer 4 years ago
Spread the word! The Rebate Credit is not really a rebate! But instead it is an advance on your own money that you would recieve in the form of a tax return on your following years income. A real rebate would have actually come from the money you paid taxes in LAST year. Bush is just loaning you your own money instead of giving it back to you free and clear. The American people are so stupid that they have no idea how it really works.
alltvisanimated 4 years ago
And the lib's won't go for that because it would mean the poor get nothing even though they paid nothing. So, people will need to report this as income in 2009.
What's stupid is that we are so over taxed as it is.
truthenforcer 4 years ago
we are already in a depression and now all this money is getting printed that will decrease the value of our dollar even more.if we wouldn't have got into this illegal war in the 1st place we wouldn't need to borrow money from china or try to stimulate the economy.this is just another bullshit plan from our corrupt leaders. thanx again GW for destroying our country hope your oil makes you happy
tmoya420 4 years ago 3
I've never seen Nancy so excited. She has finally managed to get something passed. I'll be using mine to pay my tax bill.
ronandcari1 4 years ago
Definition of Irony - Biggest SubPrime Collapse - (New Century Financial).
Largest Creditor to New Century - (Goldman sachs). CEO of Goldman Sachs until 7/10/2006 when he bacame our 74th Secretary of Treasury - Henry Paulson. FYI... 7/10/06 was also the peak of the housing market.
expert1221 4 years ago
plus 2 it has to go under a certain ammount and if your not under that cetain amount your not gonna get it =[ Damn goverment
Draz643 4 years ago
dont count your hopes up they still have
to pass this thru congress just another deal to make people get excited for nothing
Draz643 4 years ago
This rebete will only help pay for deliquent property taxes and Fuel bills. Then we'll be taxed on it as income next year.
expert1221 4 years ago
$600 is not enough to buy my acceptance that George has and still is anally raping this county.
numsii 4 years ago 4
The tax rebate was supposed to be $800 for tax paying individuals and $1600 for married couples, now its $600 for indiviuals and $1200 for married couples? talk about getting peoples hopes up
tanrat7 4 years ago
Let's call the tax rebate what it really is.
It is a personal loan from China that our
children and grand children will be repaying.
ECONOMIC STIMULUS?....We are borrowing money from China so we can buy more stuff from China? (This is idiotic).
How about lowering govenment expenses and negoiciating some real trade policy.
ZoronEarth 4 years ago 2
how the hell is the government going to pay for this?
borrow Borrow BORROW from CHINA??????
get out of here.
we cant pay to keep our empire and they think this will work?
this is leading not just to a reccession but to a DEPRESSION
Ron Paul for President!
richiy86 4 years ago 3