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-   -   Stimulus Package Explained (http://www.peachparts.com/shopforum/showthread.php?t=217494)

Dubyagee 03-25-2008 04:07 PM

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.

E150GT 03-25-2008 04:12 PM

Its a good thing I have few skills and no ambition.:D

Matt L 03-25-2008 04:28 PM

So who buys lunch after all that?

Oh sorry, wrong screed.

MTI 03-25-2008 04:38 PM

http://images.salon.com/comics/opus/...opus/story.jpg

Mistress 03-25-2008 04:44 PM

Quote:

Originally Posted by E150GT (Post 1803726)
Its a good thing I have few skills and no ambition.:D

hey with the refund you can get cable....

SwampYankee 03-25-2008 05:00 PM

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.

Mistress 03-25-2008 05:04 PM

Quote:

Originally Posted by SwampYankee (Post 1803763)
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.

swamp- You should at least treat YOURSELF to alittle something fun, after all YOU did work and earn it.

Botnst 03-25-2008 06:10 PM

I'm going to either send it to poor, deserving people in Berkeley or send it back to Treasury to balance the budget.

B

E150GT 03-25-2008 06:13 PM

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?

DieselAddict 03-25-2008 06:15 PM

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.

E150GT 03-25-2008 06:45 PM

Quote:

Originally Posted by DieselAddict (Post 1803844)
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.

didn't they try this in the depression?

TimFreeh 03-25-2008 07:17 PM

Quote:

Originally Posted by Botnst (Post 1803835)
I'm going to either send it to poor, deserving people in Berkeley or send it back to Treasury to balance the budget.B

I'm seriously thinking about writing "Stop spending money like drunken sailors!!" in bold red letters across the front of my check and mailing it back to the White House.

It's going to be that or its going directly into the shredder - I won't cash it.

Monomer 03-25-2008 07:19 PM

cost to send out the letters regarding the stimulus...













$45,000,000.00

DieselAddict 03-25-2008 07:59 PM

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).

DieselAddict 03-25-2008 08:00 PM

Quote:

Originally Posted by E150GT (Post 1803906)
didn't they try this in the depression?

I don't know, did they?


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