Stimulas package
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Fleet Owner
Joined: Oct 2004
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From: Newton America :-P
Stimulas package
Looks like it is going to be a six hundred dollars a piece for a tax rebate check... not a hundred percent final, but really close.
So what is your thoughts, is it going to stimulate your economy?
So what is your thoughts, is it going to stimulate your economy?
Hotshot
Joined: Mar 2001
Posts: 13,554
Likes: 79
From: Manhattan, KS
Is it $1200 for a couple filing jointly, or is that if there are other dependants? I won't turn it down, but don't think it will have a great stimulus for the economy. Depending on how much you get, you might have enough for a new set or tires or tires and a cheap winch or if you are married, it will all go for the wench. LOL. Hope my wife doesn't see this. It won't really matter though, cuz she'll still get it all. LOL
Hotshot
Joined: Oct 2007
Posts: 18,838
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From: Manhattan Kansas
its going to amount to about 1800 for us, I threw a few ideas at Julie,
1. to split the money in half, and each of us spend half on things we either want or need
2. Use it to pay off Credit Cards.
3. Split it and put it towards the girl's college fund.
I think we decided to go with door number 1, but there is time to decide.
1. to split the money in half, and each of us spend half on things we either want or need
2. Use it to pay off Credit Cards.
3. Split it and put it towards the girl's college fund.
I think we decided to go with door number 1, but there is time to decide.
Post Fiend
Joined: Feb 2000
Posts: 11,496
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From: Kansas
It's dollars being wasted. They need to cut the tax hit on business and make it more desirable for company's to come here. Companies leave this country why? Because of high taxes. All you have to do is look at states with a high tax rate and see how fast the companies leave. Cut taxes and they'll flood in.
Hotshot
Joined: Oct 2007
Posts: 18,838
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From: Manhattan Kansas
Originally Posted by Ultramagdan
It's dollars being wasted. They need to cut the tax hit on business and make it more desirable for company's to come here. Companies leave this country why? Because of high taxes. All you have to do is look at states with a high tax rate and see how fast the companies leave. Cut taxes and they'll flood in.
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Lead Driver
Joined: Sep 2004
Posts: 7,208
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From: Wichita, KS
Businesses need more than just tax cuts. Lots more. Seems some folks want to drive businesses out of the US. But it would be a good start. De-regulation and tort reform should be part of the deal if we want to try to bring back all the jobs we have lost.
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Hotshot
Joined: Mar 2001
Posts: 13,554
Likes: 79
From: Manhattan, KS
It's probably pretty complex when labor costs are factored into it. Most of us wouldn't work for a buck or two an hour with no benefits, but with the so called free trade stuff, that is what someone working in manufacturing is competing against around the world. If I'm the CEO of a big corp. that wants to make the most money possible I don't have much incentive to keep those jobs here in the good old USA if I can have something made elsewhere and sell more and double my multi million dollar salary. Taxes are only one part of the picture. There is taxes, labor, regulation, inovation, greed and a whole lot of other stuff that makes up the picture. Who would of thought 30 years ago that a Japanese car company would be challenging GM and would have overtaken Ford.
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From: Newton America :-P
Originally Posted by Thomasm67
Chad don't you and your wife file jointly? if you do it's 1200 for couples.
I agree that lowering taxes for business would bring businesses back to the us, but seventy percent of all bussiness in the us now is small business. we should be giving small business the tax cuts. or maybe flip over to the flat tax. I have been reading up on the flat tax. Might be a good idea.
we haven't decided on what to spend our rebate on. probably save it., for a rainy day
Hotshot
Joined: Oct 2007
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From: Manhattan Kansas
Originally Posted by Flip4ford
we haven't decided on what to spend our rebate on. probably save it., for a rainy day
Postmaster
Joined: Aug 2003
Posts: 3,705
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From: Wichita KS
As far as I am concerned it is nothing more than a small bandage on a HUGE wound. None the less by the time they acctually cut the checks I will have vacation and with the extra we are going to take a vacation and go home to Wyoming for a week or so and visit my folks, havn't seen them since Lynn and I got married.