58 replies to this topic

[unluckycharm]

so bush and lawmakers are going to give everyone a tax rebate averaging $800 for 'stimulation'

what are you going to do with your mad cash?????

[Quezo]

more like $400 per individual up to $1200 for families.

[raubhimself]

more like how the hell will throwing money at people solve our economic problems? oh yeah, the trickle up effect, forgot.

[John MFer]

hookers and blow, of course

[Tony]

my first reaction to this was that it was a bad idea - wouldn't it just increase inflation and devalue the dollar even more?

but it's supported (in theory) by both parties and was recommended by the FED. and i didn't get my PhD in economics, so who knows. polling indicates that the majority of the people getting the money will spend it immediately, which could be a nice shot in the arm.

that said, i'm going to spend my allocation on whiskey.

[unluckycharm]

well in my limited knowledge of economics, i've got a feeling inflation will increase regardless. plus the rebate is tax money which is revenue from citizenry and corporations, so wouldn't that be a transfer of funds already generated from productivity?

last time around (when bush first took office) he gave out a rebate (i got $300). i bought a dvd player. now you can get dvd players for $30. probably not a smart move on my part, but i *did* get to see a lot of dvds in the meantime. should have gone with whiskey ... or hookers and blow...

[mancopter]

Are we confirmed to be getting this refund this year? I heard about it on NPR, but I don't know whats become of it.

And I will probably put half of it to make an overpayment on one of my many debts, and piss away the other half on cds, beer and video games, and all the good stuff that keeps me antisocial.

[Tony]

plus the rebate is tax money which is revenue from citizenry and corporations, so wouldn't that be a transfer of funds already generated from productivity?

it would be, but they are funds that would have otherwise gone into the government for use down the road. by rebating it to us, we spend it faster, thus "kickstarting" the economy. at least that's what they hope will happen.

[lkelly]

something like plane tickets, or a laptop, or a cheap minion

[DoctorShumway]

I will kickstart the shit out of the economy. When is this going down? Do my research for me internet!

[mig50]

i'm gonna get a pony!



seriously though...is this extra money in addition to what we were already supposed to get, or is it basically just a flat rebate for all?

[chadk]

we are putting it toward our 1400 dept accumulated last weekend from our adventures with the plumber!

[the Wozz]

I don't venture much out of the minibosses board but...

... $800? WOOOWEEE! GO BUSH!
(i'm also shooting my pistols in the air and doing a jig)





Seriously though:

What john said.

[weener]

I usually get a big tax return, and usually put it in the bank rather than blowing it on a car stereo like the Chronic Audio bus-stop ads suggest. It comes in handy when I need to fix my car or something.

[Mary]

lkelly, you could get an expensive minion for a short period of time.