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I guess they vote on this tomorrow, the ammount is $500 or $800 depending on the source, and the income levels are different too. We should know more by the end of the week.
If I get 800 its going to go towards my new Plasma tv. Oh yeah and a new fleshlight hahahahah!! Oh yeah and on my second trip to NYC. If I got it soon then maybe my ski trip next month.
I guess they vote on this tomorrow, the ammount is $500 or $800 depending on the source, and the income levels are different too. We should know more by the end of the week.
Do we know when the checks would arrive? Will it be mailed separate from our income tax return?
ok after I posted that I found this
http://money.cnn.com/2008/01/18/news...ion=2008011913
this has nothing at all to do with a tax return, it's not a tax return, it doesn't matter if you owe 20,000 to the IRS. They are talking May at the earliest I think
Yeah some of my stupid friends were saying it was going to come on top of what our refund will be. I did that H&R block tax refund estimator. 2,000 back and then hopefully another 800 in summer. That will defiantly add another vacation this summer. I am thinking Chi-town and Vegas.
I'm going to invest it.
The Housing Market.
looks like it's going to be $600 now
do you have a link?
sweet thanks
So there's a 25% tax on the tax rebate.
LOL go figure hahaha
Well, Yahoo.com is reporting $300. So who knows. I was looking at new golf clubs, but as they keep reporting it goes down, so maybe I'm looking at a sleeve of golf balls if I'm lucky
http://news.yahoo.com/s/ap/20080124/...onomy_stimulus
well they say $300 to $1,200 so maybe it will vary depending on what you make a year. I'm just hoping for something.
I could use some new ones as well. I still use my starter pair and my 6 Iron broke a long time ago and that is my fav Iron.
I like the $1200 plus $300 per child.
That would be nice.
if your married with kids, but it's all relative. I don't have a wife or kids to spend the money on, I have a girlfriend that will be getting her own.
I'm going to give it to Reverend Midge.
My 3 yr old would have a hay day with $300 and my wife and I would be happy with an extra $1200.
so 1500 bux is on the table for me if the senate approves? nice!
that's a big screen waiting to happen!
i can't wait to watch kitchen nightmares next season in high def!
I just saw on CNBC and looks like the cap is $80k for single and around $150k for Married
Stimulus Plan: What's In and What's Out
Topics:Economy (Global) | Economy (U.S.) | Taxes | White House | Congress | Politics & Government
Companies:Fannie Mae | Freddie Mac
By AP | 24 Jan 2008 | 01:49 PM ET
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Congressional leaders have a tentative deal for a bipartisan economic stimulus package that could move swiftly through Congress.
WHAT'S IN
* Tax rebates: Individuals who pay income taxes would get up to $600, working couples $1,200 and those with children an additional $300 per child under the agreement. Workers who make at least $3,000 but don't pay taxes would get $300 rebates.
* Business tax write-offs: Spurring business investments with so-called bonus depreciation and more generous expensing rules.
* Housing rescue: Allowing Fannie Mae and Freddie Mac to buy loans larger than $417,000.
WHAT'S OUT
* Permanent tax cuts: Republicans conceded that their top priority would have to be left out.
* Unemployment insurance: Democrats wanted to extend benefits past 26 weeks.
* Food stamps: A boost for benefits.
* Medicaid: Democrats gave up on including Medicaid payments to states.
* Low-income heating subsidies: Democrats are surrendering the fight to include them.
* Infrastructure spending: Spending on transportation or repair projects already under way is off the table.
* Republicans' proposal to allow businesses suffering losses now to reclaim taxes previously paid, appeared likely to be dropped because of its high cost.
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