What do you guys think about this new tax rebate?

I read Bush is supposed to be giving out huge refunds, something like $600 to individuals and $1,200 to families or something, totalling like 60 billion in Federal hand-outs. I'm a stoner so don't quote me on those figures but what do you guys think about it ? I think it's stupid because we don't have money like that to be giving out, we're in tremendous national debt and this will only add to the problem of inflation. I don't think a lot of people think about that when they realize they are recieving hundreds of dollars in rebate, but I think it's going to hurt in the long run more than help. What do you guys think ?

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Originally Posted by gocryemokid

I read Bush is supposed to be giving out huge refunds, something like $600 to individuals and $1,200 to families or something, totalling like 60 billion in Federal hand-outs. I'm a stoner so don't quote me on those figures but what do you guys think about it ? I think it's stupid because we don't have money like that to be giving out, we're in tremendous national debt and this will only add to the problem of inflation. I don't think a lot of people think about that when they realize they are recieving hundreds of dollars in rebate, but I think it's going to hurt in the long run more than help. What do you guys think ?

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only 1/3 of the federal government's budget is from income taxes...where does the rest come from? and hell no they can't afford it...oh wait, yeah they can, all they've gotta do is print it onto more paper :thumbsup:

Apparently, inflation and our national debt isn't any sort of concern of many americans for some reason...why, I have no idea..but we cannot afford to protect the borders of other countries...it will cost much less to protect ours here at home, and do so much more for the security of this nation.

I refuse to buy that countries with no army, navy, or air force is going to be any sort of threat to us without them hijacking another airplane, and I'm sorry, but our occupation in ANY country isn't going to keep some crazy son of a bitch from hijacking an airplane, that is if one is able to even manage to get something onto a plane...but when I see the baggage handlers with turbans on it makes me wonder :wtf:

I think it's a SHAMELESS sack-lick on the part of the current administration right before elections. I don't want fucking $600, I want my health care to be cheaper next year. What's $600 gonna do? That's half my mortgage for one month... oh, goody goody. I'ma go write the Fed a thank-you note right now.

It's a good incentive to stimulate the economy as long as "Joe Consumer" isn't stupid enough to take the cash to buy goods made in China. READ THE LABELS!:thumbsup:

Have a good one!:s4:

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Originally Posted by stinkyattic

I think it's a SHAMELESS sack-lick on the part of the current administration right before elections. I don't want fucking $600, I want my health care to be cheaper next year. What's $600 gonna do? That's half my mortgage for one month... oh, goody goody. I'ma go write the Fed a thank-you note right now.

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$600???? I see new light fixtures in your future.:D

Have a good one!:s4:

I see paying my heating bill. Ugh. We need that $600 just to buy petroleum products these days.

they say the money is to stimulate the economy. that means they are wanting people to spend it and to spend it on things they dont need. the news here went and asked people what the would use the money for. most said they would spend it on.....things they dont need. not a single person said they were goin to put it away or save it or invest it. but just pump it right back into the hands of those who dont need it.

i been thinkin of what to do with it myself. right now im in a position that my bills are very low and i actually have more coming in than goin out. i think im goin to start buying gold. i dont need a new tv or computer or any other needless items but gold will hold its value and even increase over time.

and also isnt this enough money to fund hillarys health care program?(correct me if im wrong) but takn that finacial burdon away from people would go alot further im thinkin

We "could" lower costs by building more refineries and nuclear power facilities in the U.S. but the environmentalists have pretty much made that a no go situation.

I know the lights/ballasts in the basement make my upstairs floors warmer in the winter months.:D

Have a good one!:s4:

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Originally Posted by Psycho4Bud

It's a good incentive to stimulate the economy as long as "Joe Consumer" isn't stupid enough to take the cash to buy goods made in China. READ THE LABELS!:thumbsup:

Have a good one!:s4:

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how does it stimulate the economy when more money is going to be borrowed or printed off to pay this money? It just really doesn't make sense to me, to give money that we actually don't have..and think we're doing good..

Dear Mr. Bush and the Democratic Congress,


Thankyou very much for the $600. I didn't have any money for weed, but now with my new rebate I bought 4 ounces! It was some really great kush, a high-grade New York Diesle. My friends and I got stoned off our asses, and your generous government made family guy funny again.

Good luck with your war on drugs, I'm sure you'll win any day now.

Sincerely;
The Stoned Wizard

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Originally Posted by Psycho4Bud

It's a good incentive to stimulate the economy as long as "Joe Consumer" isn't stupid enough to take the cash to buy goods made in China. READ THE LABELS!:thumbsup:

Have a good one!:s4:

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I could have used an extension of the unemployment benefits, but that was traded away. The job I had for the past 10 years, was shipped over to China...:(...last year.

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Originally Posted by Dutch Pimp

I could have used an extension of the unemployment benefits, but that was traded away. The job I had for the past 10 years, was shipped over to China...:(...last year.

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I'll bet it was. Cheaper labor costs not to mention 10% cheaper on the Corporate tax rate. The U.S. is currently at 35% and pretty much the highest tax in the industrialized world. Wonder why our jobs are going overseas? Listen to the Dems debates....they want to raise that rate!:mad:

Have a good one!:s4:

I think its BS yeah there going to give us money and then get it back by raising taxes again. Yeah Im going to spend the money alright Ive been looking at a twin 600 watt ballast that ive been wanting for a while.:rasta::rastasmoke::pimp:

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Originally Posted by BigWeed

I think its BS yeah there going to give us money and then get it back by raising taxes again. Yeah Im going to spend the money alright Ive been looking at a twin 600 watt ballast that ive been wanting for a while.:rasta::rastasmoke::pimp:

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Sun Systems GroPro dual 600?...http://boards.cannabis.com/indoor-li...ed-1000-a.html

It's simply devaluing the dollar to give the economy a kick-start, keep people spending. Fact is there comes a point when people have to be smart, and start on spending on things that give a return, and not solely on comsumption.

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Originally Posted by Psycho4Bud

It's a good incentive to stimulate the economy as long as "Joe Consumer" isn't stupid enough to take the cash to buy goods made in China. READ THE LABELS!:thumbsup:

Have a good one!:s4:

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It's so hard to find stuff NOT made in China these days, 'cept for Carhartt, which makes some tough-as-nails work clothes by the way...

I think the measure will fail and the administration will blame it on the Americans because we didn't spend the money that we are forced to SAVE to pay for other expenses.

Either way, I will take The Stoned Wizard's approach and purchase a mother load of weed that might last me until the country falls from under my feet.

Does anyone know the specific qualifications because I'm wondering if I'll get one.

Bi-partisan Keynesian economics at its worst.

I like the Idea,I've gotten used to paying taxes,I figure,I'll be paying taxes till the day I die.It's just one of those things.Give me $1,200 and I'm happy.

So I FINALLY got a letter from the IRS on Monday the 9th. Even though I think this whole rebate thing is a ridiculous waste of money (borrowing cash to give away), I thought WOOOHOOOO, my rebate is finally here! No, it was a letter to tell my that they were going to mail the check on the 13th.

So why the hell would they send me a lettor on the 9th to tell me they were going to mail me a check on the 13th? Why not just put the freakin' check in the letter and mail it on the 9th? Or don't bother at all sending the "heads up" and just send the check on the 13th? Why do I need a warning that they are sending me a check in 4 days? I don't know how much it costs the IRS to mail a letter, but it costs me 43 cents postage plus the cost of the letter and the envelope. So if they are sending out 170 million of these, does it cost $73 million for them to send out these nifty little "check's in the mail" letters?

Nothing is for free with the government. I would imagine most people will either pay their rent, or pay off their bills. It is a dumb idea. How about taking the trillions spent on war and pumping it back into the economy.

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Originally Posted by JeffersonBud

Nothing is for free with the government. I would imagine most people will either pay their rent, or pay off their bills. It is a dumb idea. How about taking the trillions spent on war and pumping it back into the economy.

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The amount spent on current war actions is dwarfed by entitlement programs.

i think its worthless,
1 people arnt spending the money on anything but bills
2 if i remember correctly, its a loan and you have to pay back next year
3 me or wife didnt get it, dont need it or want it, i dont want a loan form the gov

as more people realize the tyranny of government you will probably see more of these pitiful handouts, the equivalent of tossing a buck to a panhandler as you pass by. we ask them to stem the tide of illegal immigration, they stall their plans and give us invisible fences. we ask for a bit of truth and transparency, they give us the rhetoric of hope and the illusion of change. we ask for relief from the rising price of fuel, they give us a month's grocery money and lock up another refinery. we demand our freedoms, they laugh and assault us with new fears to worry over.

to the all important bureaucracy the people are a necessary nuisance; children to be ignored or diverted with second hand baubles, tools on the road to ever more power. we are so easily confused by the promises of comfort and false safety, so easily mislead by the platitudes of our own sense of superiority. we are the greatest nation on earth and we are puling infants content with the assurances of a comfortable poverty.

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Originally Posted by texas grass

i think its worthless,
1 people arnt spending the money on anything but bills
2 if i remember correctly, its a loan and you have to pay back next year
3 me or wife didnt get it, dont need it or want it, i dont want a loan form the gov

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Well, I agree with you that it is a really stupid idea. But it is not a loan that you have to pay back next year. It might be that you misread something I wrote in another thread about this, so I want to be sure to expalin it here. The government is running a deficit, so if they are going to just give away money, they have to borrow it from somewhere. So it is a loan to the government, not a loan to you. The government is going to borrow the money and give it to you. You don't have to pay it back next year, but someday the government has to pay back the loan, so we will all pay for it in higher taxes in the future.

My feeling is that even if this rebate program is a completely asinine idea, if they are going to do it anyway, then I'm not going to give up my check. If you are eligible for a check, you should get it. Giving up your check now is not going to change the fact that we will all have to pay higher taxes in the future to cover the cost of this program. You're going to pay for it either way, so you might as well get your check.

Well, let me update y'all on where my economic stimulus check went.
$450 went to keep my heating fuel from getting shut off.
$40 went into my gas tank.
$15 went to a 30 rack of Wisconsin's Finest (see! I'm stimulating p4b's economy! You're welcome, big guy ;) )
And $25 got spent at an Economic Stimulus [read: sex toy] party thrown by a friend. I mean, just because the ECONOMY isn't getting stimulated...
And I then bought some groceries.

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Originally Posted by stinkyattic

I see paying my heating bill. Ugh. We need that $600 just to buy petroleum products these days.

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Thats about $300 shy of being able to pay last months fuel bill for 1 service truck

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Originally Posted by stinkyattic

And $25 got spent at an Economic Stimulus [read: sex toy] party thrown by a friend. I mean, just because the ECONOMY isn't getting stimulated...

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ROFL!! :thumbsup:

I think I spent about $550 on computer parts to build a new PC and I don't recall where the remaining 50 went.

Personally I think the stimulus checks were a pretty dumb idea. I thought so too when I was about 7 years younger (22 years old) when we got them the first time. Pretty bad if you're handing a youngster a $600 check and even then at that young age he realizes what a poor idea this is.

On the flip side.. I got a free computer. :stoned:

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Originally Posted by Psycho4Bud

It's a good incentive to stimulate the economy as long as "Joe Consumer" isn't stupid enough to take the cash to buy goods made in China. READ THE LABELS!:thumbsup:

Have a good one!:s4:

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You know what would help "Joe Consumer" buy more American made products?? More taxing on import products, but that would require a signifigant portion of products to actually be made in the US.. which as we both know just doesn't happen so often anymore.

:(

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Originally Posted by Psycho4Bud

It's a good incentive to stimulate the economy as long as "Joe Consumer" isn't stupid enough to take the cash to buy goods made in China. READ THE LABELS!:thumbsup:

Have a good one!:s4:

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You know what would help "Joe Consumer" buy more American made products?? More taxing on import products and give incentive for companies to make products here in the US again, but that would require bipartisan effort which we know is not going to happen anytime soon.


:(

My check just arrived today. I sure am glad they sent me a heads up letter last Monday to tell me my check would arrive this Monday. If they sent out 170 million of these letters at 43 cents each, that's $73 million well spent I'd say! "Psych! This ain't your check, but it should come next week!" Way to go, guys.

Well, even though I am totally against the idea of this stimulous check, it's not going to stop me from enjoying it. Some of it will go to a vacation later next month, and some will go to pay down a HELOC that we drew on for some home improvements earlier in the year.

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Originally Posted by stinkyattic

And $25 got spent at an Economic Stimulus [read: sex toy] party thrown by a friend. I mean, just because the ECONOMY isn't getting stimulated...

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Well, Stinky, I hope you got something you can use to "stick it to the man!" That'll teach the government to waste our tax dollars on this kind of ass-kissing, election-year pander.

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Originally Posted by daihashi

Personally I think the stimulus checks were a pretty dumb idea. I thought so too when I was about 7 years younger (22 years old) when we got them the first time. Pretty bad if you're handing a youngster a $600 check and even then at that young age he realizes what a poor idea this is.

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Well, Daihashi, nice to agree with you on something....

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Originally Posted by daihashi

You know what would help "Joe Consumer" buy more American made products?? More taxing on import products and give incentive for companies to make products here in the US again, but that would require bipartisan effort which we know is not going to happen anytime soon.


:(

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I simply do not see how this would help by playing with market demand. Cheaps goods are produced somewhere else to help the bottom line of American companies. The consumer wants cheap goods at cheap prices. Overall, it helps American companies bottom lines, which creates more ventures for more jobs.

I can't see how this is a good idea when the weak dollar is already making America become a more attractive destination to manufacturing.

What tax rebate?

I didn't get one. If I had, I'd have spent it on golf supplies or green fees.

As for my rebate, uncle sam totally raped me this year to begin with so this rebate just patches up my finances a bit.

I think I'll use my Gov money to stimulate the local economy. Wait. . .
Hookers count as local economy right?

Just kidding.

No actually I got some Hookers.

Not really though.

But yeah.

No. . . :D

Seriously I think my Gov money will wind up going to student loans. So in other words right back to the Fed. Ahhhhhh good times. Ill have to keep part of it for some weed though. Kind of a way to stick it to the man like "Haha you gave me money and I spent it on something you have deemed illegal." :P

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Originally Posted by dragonrider

Well, Stinky, I hope you got something you can use to "stick it to the man!".

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I don't think The Man is quite ready for that. I'll mention it to him next time I see him, though... :wtf:

I think it was not a good idea, but gladly took it! You cannot fix money problems with more money, well,unlesss you win the few hundred million dollar lottery! There has to be a system in place that can make it grow and reduce our long term costs, toward things we need that cost too much.

Another dumb idea. It has been overshadowed by the elections! I liked the money though!

Apparently, it is part of a "total economic stimulus package!" I have no idea what the rest of it is. But, I've heard Pres. Shrub say, 'give it time to work!' :wtf:

It really isn't enough for each individual to do much; i.e. like make a house payment and get out of foreclosure. Most people won't toss it in a sinking ship! That is where I think he thought it go. Last house payment the Prez. made, may have been that low. No longer the case!

Putting mine into growing! :thumbsup:That will ultimately lower my prescription costs to Medicare. Which isn't much, since they hardly cover much through my HMO! The less I spend on 'deductibles' for meds, the more I my particular HMO makes! In fact, the Drs. there get a 'rebate' for prescribing fewer medications. I phoned Medicare and they do not care, said, I gave up my rights for any support from Medicare when I 'flipped' my medicare into an HMO! Nice way for no-one to be responsible! Yes, I know I need to change my HMO plan, but I need a couple of my Docs until the ultimate surgery is finished!

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Originally Posted by painretreat

I think it was not a good idea, but gladly took it! You cannot fix money problems with more money, well,unlesss you win the few hundred million dollar lottery! There has to be a system in place that can make it grow and reduce our long term costs, toward things we need that cost too much.

Another dumb idea. It has been overshadowed by the elections! I liked the money though!

Apparently, it is part of a "total economic stimulus package!" I have no idea what the rest of it is. But, I've heard Pres. Shrub say, 'give it time to work!' :wtf:

It really isn't enough for each individual to do much; i.e. like make a house payment and get out of foreclosure. Most people won't toss it in a sinking ship! That is where I think he thought it go. Last house payment the Prez. made, may have been that low. No longer the case!

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Its gonna take time for it to have the desired effect... changing global economies doesn't happen over night. The problem I have with this is just as soon as the Dems take office, they are going to raise taxes to cover it and more. I can't afford any more taxes... I am already paying 32% of my net profits in taxes.

Fortunately, for me right now the house payment is not a big issue, because its on a 5% 15 year fixed rate, and will be paid for in just another 3 years or so.

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Originally Posted by thcbongman

I simply do not see how this would help by playing with market demand. Cheaps goods are produced somewhere else to help the bottom line of American companies. The consumer wants cheap goods at cheap prices. Overall, it helps American companies bottom lines, which creates more ventures for more jobs.

I can't see how this is a good idea when the weak dollar is already making America become a more attractive destination to manufacturing.

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1. Imports cause the value of our money to go down because we are sending our money outside of the United states. Increasing the value of other countries monetary unit and not our own.

2. If we increase taxes on imports we increase our foreign currency holding which in turn increases the Strength of the dollar.

3. The more you export then the more money you're making through foreign trade. Which means you're making money, which means you're indirectly increasing the strength of the dollar.

4. Let's not forget the increase of the job market and an increase in domestic spending if you are penalizing imports and giving incentive to domestic made products/companies. This itself would stimulate our local economy creating more oppurtunity for everyone. People shop at walmart for a reason... same idea; give incentive for companies to make cheap quality goods in the US and people are going to buy whatever they can get the best deal on; might as well be American and keep that money here in the United states.

That's my thoughts on it anyway.