PDA

View Full Version : How are you spending your goverment stimulus?



xopher
04-06-2008, 10:19 AM
Supreme Economical Overlord Ben Bernanke will be distributing checks to U.S. taxpayers in a gamble to pop the clutch on the economy. Some of us will get $300, some of us will get $600, some of us will get $1200. Some of us will not get a dime due to our income. Some of us will not get a check, eh? Regardless, how would you spend $600.00 USD / $603.72 CAD when it arrives?

oldekid
04-06-2008, 10:37 AM
My wife picked the last choice. You'ld think I would know better than to ask.
:lol:

Blackmobile
04-06-2008, 10:47 AM
The poll suggests that when and if the monies arrive, what will it be spent on. In my case it's already spent via Credit card. I have to pay back the money I spent for my Votech T Trim blower. No more toys for me for a couple of years.:mad:

rayjay
04-06-2008, 11:26 AM
You left out a OTHER catagory, as in heating oil for next winter.

jdando
04-06-2008, 01:00 PM
Other, as in camera equipment :)

KillJoy
04-06-2008, 01:39 PM
Other, as in to cover next years taxes, as that is what this is an, advance on.... your NEXT YEAR's REFUND!

:down:

KillJoy

Black_Noise
04-06-2008, 01:46 PM
I gotta get a better beater so for me im looking for a cheap car, maybe a pontiac or saturn

2003DOHC
04-06-2008, 02:29 PM
other: money will be saved not spent!!

DOOM
04-06-2008, 02:44 PM
Mods Mods Mods :burnout: :drive: :burn:

SC Cheesehead
04-06-2008, 05:11 PM
Mods Mods Mods :burnout: :drive: :burn:


Honey-do's
Honey-do's
Honey-do's :shake::bigcry::mad2:

kode3
04-06-2008, 06:02 PM
Tires and rear QA1's!

Raudermaster
04-06-2008, 06:08 PM
You guys have this all wrong, this isn't FREE, this is simply an ADVANCEMENT on NEXT YEAR's taxes.

Raudermaster
04-06-2008, 06:09 PM
Other, as in to cover next years taxes, as that is what this is an, advance on.... your NEXT YEAR's REFUND!

:down:

KillJoy

Thank you, I'm glad you know better.

gmtech
04-06-2008, 06:44 PM
Thank you, I'm glad you know better.
i just read from the IRS website that it is NOT taxable income:confused:

KillJoy
04-06-2008, 06:46 PM
i just read from the IRS website that it is NOT taxable income:confused:


The last I heard, it is an ADVANCE on your NEXT YEAR's taxes. If you pay less than your refund, you do not owe.....

KillJoy

Raudermaster
04-06-2008, 07:00 PM
At this point, it could go either way, but it's looking like it will simply be an advancement.

Blackened300a
04-06-2008, 07:01 PM
I made too much money last year so no check for me.

whd507
04-06-2008, 07:34 PM
what a sad predicament (sp?)


congrats!

Ken
04-06-2008, 09:18 PM
i just read from the IRS website that it is NOT taxable income:confused:That is correct! Your Federal tax refund is NEVER taxable.

Ken

bigbillybbs
04-06-2008, 09:38 PM
My tax return for this year plus the 300,, will go toward the full KOOKS
Exhaust package...!!!!!!!!! :rolleyes:

ledzilla
04-08-2008, 08:37 AM
Read this here:

http://www.irs.gov/newsroom/article/0,,id=179211,00.html

arejayesss
04-08-2008, 08:45 AM
Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?
A. No, the Stimulus Payment will not reduce your refund or increase the amount you owe when you file your 2008 return.

KillJoy
04-08-2008, 09:29 AM
Hmmmm.....

KillJoy

ts-pa
04-08-2008, 09:50 AM
I will be making sure to spend it on "Made in USA" products. Sending the money elsewhere doesn't make any sense.

Which of these power adders are made in US?
Vortech
Novi
Trilogy
F.I.T.
Did I miss any?

oldekid
04-08-2008, 10:43 AM
I will be making sure to spend it on "Made in USA" products.Very good point, but good luck with that. Unfortunately, our dollar is not worth much in most major countries, and it's getting extremely hard to find products with a label that states "Made in USA", including our Marauders.

Several countries are now looking at the U.S. as a good place to outsource, simply because of the declining value of our dollar. We are slowly becoming much like a third world country, and it's very disturbing. :mad2:

Dragcity
04-08-2008, 11:23 AM
At least we still get to carry guns....

Maybe I'll buy extra ammunition.

ts-pa
04-08-2008, 11:51 AM
Addco sway bars are made in North Carolina, that would be a good choice!

ts-pa
04-08-2008, 11:58 AM
Marauderville 6 (http://www.mercurymarauder.net/forums/showpost.php?p=603321&postcount=33) in St. Louis, MO would be a good way to "spend in USA", supporting local economy there.

ts-pa
04-08-2008, 12:24 PM
Here is another way to look at it...two spending scenarios

1. Spend money for TV at Best Buy. Item made overseas, portion of the money to overseas mfg. company & shipping co. Most of the profit going to a company that buys even more stuff from overseas, remainder might go to US employee. Very short term effect on economy.

2. Make the effort to spend the money on US made goods & services. That US company will be have the profit, maybe investing in capital goods, or just to stay in business, and the US employees will also directly benefit of a workplace and some of the money going to them for their labor. Even if the employees spend overseas, at least it had a "two time" effect, hopefully more. A longer term effect of the money will be noticed.

Savings or paying off some debt would benefit your personal economy, this too has a very long term effect.

Cheeseheadbob
04-08-2008, 12:33 PM
How is that? Not to sound pompous, but I am in the top 3% of money earners in the USA and I am getting a check for $1600. If you file, you will get something.
I made too much money last year so no check for me.

Eric-Blk2004
04-08-2008, 01:25 PM
Most of the debt people have funnel to oversea investors and debt buyers.

I believe 40% of American homes are owned by the Chinese and or Asian markets - the rest are owned by Sudi. Might be extreme but most of the mortgages are bundled and sold to Asian or European investors...until recently when the market imploded and is now free fallings.

This stimulus package is nothing more then the Fed trying to use its limited tools to fix a broke economy - its a cycle ups and downs. We are in a down turn it is as constant as a swiss watch...I need buy one of those!

Spend the money at your local business - a local tune shop, a local store, a contractor, etc, etc. If your serious about helping the American economy from the bottom up.

My money is going to pay for the Marauder or to get the Ol'Bird up and getting pavement again.

dreydin
04-08-2008, 02:36 PM
im sending my slide in to have some TFO sights installed and my barrel and guide rod in to be polished to a mirror finish. that should complete my toy, unless 500 rounds doesnt loosen the trigger up :up:

ParkRanger
04-08-2008, 03:37 PM
I made too much money last year so no check for me.

Ditto :mad:

PR :burnout:

ledzilla
04-08-2008, 04:07 PM
How is that? Not to sound pompous, but I am in the top 3% of money earners in the USA and I am getting a check for $1600. If you file, you will get something.

There's a cut-off point in income... Once you reach $75K there's a decrease in the rebate, a certain percentage is removed per $1000. It gets totally phased out by $84K. I forgot to review the details before this little post, so I might be off by a little. But that is the gist of the whole thing.

knine
04-08-2008, 05:00 PM
a jar of peanut butter?

Ken
04-08-2008, 08:19 PM
There's a cut-off point in income... Once you reach $75K there's a decrease in the rebate, a certain percentage is removed per $1000. It gets totally phased out by $84K. I forgot to review the details before this little post, so I might be off by a little. But that is the gist of the whole thing.$75K for a single person, $150K for Married.

Ken

Cheeseheadbob
04-09-2008, 06:33 AM
Gotcha. I was looking at it through mud colored married glasses....:P
$75K for a single person, $150K for Married.

Ken

Haggis
04-09-2008, 06:52 AM
At least we still get to carry guns....

Maybe I'll buy extra ammunition.

So far so good and I am with you, more ammo, waiting for the revolution.

jonroe
04-09-2008, 08:07 AM
How is that? Not to sound pompous, but I am in the top 3% of money earners in the USA and I am getting a check for $1600. If you file, you will get something.

I do not get any either.

Mike Poore
04-09-2008, 08:49 AM
:eek: A 25lb bag of magnum shot is ~$35 these days, and an 8lb jug of Hodgen Clays runs ~$100. Add in the primers and wads and I expect to easily shoot up the whole works, this season alone.

And speaking of taxes; no PA resident should be surprised when Fast Eddy Rendell takes his tax cut.

The only hope we here in PA have, is if Mrs. Clinton names him her VP running mate.

KillJoy
04-09-2008, 08:51 AM
Hodgen Clays

UGH!

Too smokey for my handguns! Makes my .357 3" look like a black powder!

HA!

KillJoy

Mike Poore
04-10-2008, 05:52 AM
UGH!

Too smokey for my handguns! Makes my .357 3" look like a black powder!

HA!

KillJoy

That's interesting, Steve. Clays is reported to be the cleanest burning 12ga competition powder you can get. Wonder why it doesn't like handguns?
I use a Dillon 650 to load the .357 & 40S&W and burn Unique in them.:gangster:

Bigdogjim
04-10-2008, 06:37 AM
Money will be spent on the 1995 F-150 10.5 MPG is way off for this truck. Last one got 18.5 however running a 120 miles a day O/W 5 days a week the engine failed after 3 months (had 135K miles when I started) replacement pick up is a short bed (hate it!) with only 54,000 miles (garage keep before I got it :) ) now my daily driver going all of 7.5 miles a day O/W :up:
Both were/are 302 C.I.D. (5.0L)

Marauder needs only a trip to the body shop (little *****) and detailers!

KillJoy
04-10-2008, 07:11 AM
That's interesting, Steve. Clays is reported to be the cleanest burning 12ga competition powder you can get. Wonder why it doesn't like handguns?
I use a Dillon 650 to load the .357 & 40S&W and burn Unique in them.:gangster:


:dunno:

Unique = smokey too :(

Damn short barrels.....

KillJoy

knine
04-10-2008, 08:20 AM
I got my peanut butter last night....without the stimulus check

Breadfan
04-10-2008, 11:12 AM
Money will be spent on the 1995 F-150 10.5 MPG is way off for this truck. Last one got 18.5 however running a 120 miles a day O/W 5 days a week the engine failed after 3 months (had 135K miles when I started) replacement pick up is a short bed (hate it!) with only 54,000 miles (garage keep before I got it :) ) now my daily driver going all of 7.5 miles a day O/W :up:
Both were/are 302 C.I.D. (5.0L)

Marauder needs only a trip to the body shop (little *****) and detailers!

Mileage can drop substantially with a short commute, engine doesn't warm up and not as much cruising time means less MPG's. :(

As for my stimulus package well I just blew part of it today getting the pup up to date on all his vaccinations, vet raised their prices on me too :(

jfclancy
04-10-2008, 02:30 PM
Well did my taxes yesterday
paid my share and i am getting a rebate
my roof was damaged this morning in t'storm poof
going to support a north texas roofer.

all is well at least it will cover deductible.

joe Clancy:beer::beer:

Black Dynamite
04-14-2008, 09:11 PM
Well seeing as I owe on both federal and state I guess I'll be using my "stimulus" to pay those.

F_U