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#1
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Stimulus Package Explained
This is a great explanation of the tax rebate
program recently enacted by Congress. If you don't understand how it will work maybe this explanation will help: 50,000 people went to a baseball game, but the game was rained out. A refund was then due to the ticket holders. The team was about to mail refunds when a group of Congressional Democrats stopped them and suggested that they send out the ticket refunds based on the Democrat National Committee's interpretation of fairness. Originally the refunds were to be paid based on the price each person had paid for the tickets. Unfortunately that meant most of the refund money would be going to the ticket holders that had purchased the most expensive tickets. This, according to the DNC, is considered totally unfair. A decision was then made to pay out the refunds in this manner: People in the $10 seats will get back $15. After all, they have less money to spend on tickets to begin with. Call it an 'Earned Income Ticket Credit.'Persons 'earn' it by having few skills, poor work habits, and low ambition,thus keeping them at entry- level wages. People in the $25 seats will get back $25, because it 'seems fair.' People in the $50 seats will get back $1, because they already make a lot of money and don't need a refund. After all, if they can afford a $50 ticket, they must not be paying enough taxes. People in the $75 luxury box seats will each have to pay an additional $25 because it's the 'right thing to do'. People walking past the stadium that couldn't afford to buy a ticket for the game each will get a $10 refund, even though they didn't pay anything for the tickets. They need the most help. They are either lazy or think that society owes them for just being born. Some -times this is known as Affirmative Action. Now do you understand? If not, contact Representative Nancy Pelosi, Senator Ted Kennedy or Senator Hillary Clinton or Barak Obama for assistance. |
#2
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Its a good thing I have few skills and no ambition.
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1984 300SD Orient Red/ Palomino 1989 560SEC 2016 Mazda 6 6 speed manual 1995 Ford F-150 reg cab 4.9 5speed manual |
#3
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So who buys lunch after all that?
Oh sorry, wrong screed. |
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#5
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hey with the refund you can get cable....
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
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I've already got my estimated $2400 ear-marked. I may even buy something with it. It won't be anything fun, though.
If the gov't didn't piss so much money away on pork I might be more pissed at the concept of a stimulus package check with the deficit such that it is. But they do so I'm not.
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1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15 '06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod) |
#7
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Quote:
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#8
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I'm going to either send it to poor, deserving people in Berkeley or send it back to Treasury to balance the budget.
B |
#9
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I smell ECE headlights in my not too far future. Do you think the gubbment would approve of me going to Vegas with my money?
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1984 300SD Orient Red/ Palomino 1989 560SEC 2016 Mazda 6 6 speed manual 1995 Ford F-150 reg cab 4.9 5speed manual |
#10
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The tax system can never be "fair", otherwise it wouldn't work. Though I'm against the idea of a stimulus package given our massive deficit, the dems had the right idea here if we have to have the package (it was a bipartisan effort). The poor will spend their refunds quickly and completely as was intended. Richer people will just put the money away and do nothing with it.
__________________
2004 VW Jetta TDI (manual) Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL |
#11
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Quote:
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1984 300SD Orient Red/ Palomino 1989 560SEC 2016 Mazda 6 6 speed manual 1995 Ford F-150 reg cab 4.9 5speed manual |
#12
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Quote:
It's going to be that or its going directly into the shredder - I won't cash it.
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98 Dodge-Cummins pickup (123k) 13 GLK250 (135k) 06 E320CDI (323K) 16 C300 (62K) 82 300GD Gelaendewagen (54K) Last edited by TimFreeh; 03-25-2008 at 06:41 PM. |
#13
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cost to send out the letters regarding the stimulus...
$45,000,000.00
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-1983 VW Rabbit LS Diesel (5speed, VNT/Giles build) |
#14
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Actually I read the dems were against sending out these letters because of the cost, but Bush wanted them sent out to "avoid confusion" (and maybe to take some credit for the stimulus package).
__________________
2004 VW Jetta TDI (manual) Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL |
#15
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__________________
2004 VW Jetta TDI (manual) Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL |
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