Alex
Bratwurst
   
   
      
 
 
Since: 24.2.02
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|  #21 Posted on 27.4.08 1112.58 | Instant Rating: 4.07 | Oh, wait, I don't qualify for it, bugger.
(edited by Alex on 28.4.08 1107) | Shem the Penman
Toulouse
Since: 16.1.02
From: The Off-Center of the Universe (aka Philadelphia)
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| #22 Posted on 28.4.08 0604.26 | Either daughter's college fund or to help us fix up the upstairs of our house, depending. We haven't discussed it yet, and probably won't until the check arrives.
"The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" | Corajudo
Frankfurter
Since: 7.11.02
From: Dallas, TX
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| #23 Posted on 28.4.08 0758.36 | Instant Rating: 7.73 | Originally posted by DJ FrostyFreeze
So how is this supposed to work again? I mean, it's not free money from the sky, right? Where does it all come from?
The government will borrow, then raise your taxes in the future to pay for it.
As far as what to do with the check...
The rebate check would be best used to (help) pay off any debt you have because your disposable income is only going to fall in the future when taxes rise. Moreover, gas and food prices are only going to rise, so plan accordingly. It's not what Congress or Bush wants, so that means it would be a sound financial decision.
| DrDirt
Banger
Since: 8.10.03
From: flyover country
Since last post: 7 days
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| #24 Posted on 28.4.08 0921.10 | Instant Rating: 8.00 | Before you spend it, remember you can get up to the $600 per person and $1200 per couple and the money for the kid. We get nothing for our 17 yo daughter as the Feds in the infinite wisdom have somehow decided she isn't a depedent even though like AWA, her job is high school. This is beyond a dumb idea and I imagine we all know it.
Perception is reality | redsoxnation
Scrapple
Since: 24.7.02
Since last post: 11 days
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| #25 Posted on 28.4.08 1009.32 | Instant Rating: 5.55 | Originally posted by DrDirt
Before you spend it, remember you can get up to the $600 per person and $1200 per couple and the money for the kid. We get nothing for our 17 yo daughter as the Feds in the infinite wisdom have somehow decided she isn't a depedent even though like AWA, her job is high school. This is beyond a dumb idea and I imagine we all know it.
Agreed that it is a dumb idea, but, unlike all the other dumb ideas that waste money, at least the individual gets to waste it rather than it being wasted by bureaucrats. | DrDirt
Banger
Since: 8.10.03
From: flyover country
Since last post: 7 days
Last activity: 1 day
| #26 Posted on 28.4.08 1031.18 | Instant Rating: 8.00 | Originally posted by redsoxnation
Originally posted by DrDirt
Before you spend it, remember you can get up to the $600 per person and $1200 per couple and the money for the kid. We get nothing for our 17 yo daughter as the Feds in the infinite wisdom have somehow decided she isn't a depedent even though like AWA, her job is high school. This is beyond a dumb idea and I imagine we all know it.
Agreed that it is a dumb idea, but, unlike all the other dumb ideas that waste money, at least the individual gets to waste it rather than it being wasted by bureaucrats.
To me though it is like the old Roman "Bread and Circuses." We would all be better served if we collectively said to our Congress, "NO!" Deficit spending by the Feds has its place but this isn't it. We are being treated like little children and patted on the head, given our candy and told to go on doing the same bad fiscal things that got us all in this mess in the first place.
Perception is reality | Deputy Marshall
Liverwurst
Since: 28.6.04
From: Troy, NY
Since last post: 23 days
Last activity: 15 days
| #27 Posted on 28.4.08 2245.22 | Instant Rating: 4.39 | Originally posted by DrDirt
Before you spend it, remember you can get up to the $600 per person and $1200 per couple and the money for the kid. We get nothing for our 17 yo daughter as the Feds in the infinite wisdom have somehow decided she isn't a depedent even though like AWA, her job is high school. This is beyond a dumb idea and I imagine we all know it.
Really? That sucks. In my mind, a dependent is a dependent is a dependent. Whether they're six years old or 17 years old, if their well-being and livelihood depends on your paycheck, you should be able to claim them.
I'm thinking of combining the $600 with my refund to get a MacBook. Because, like Karlos the Jackal, I am a real American (fight for the rights of every man to get a check).
(edited by Deputy Marshall on 28.4.08 2345)
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Frankfurter
Since: 7.11.02
From: Dallas, TX
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| #28 Posted on 29.4.08 0816.32 | Instant Rating: 7.73 | Originally posted by DrDirt
We get nothing for our 17 yo daughter as the Feds in the infinite wisdom have somehow decided she isn't a depedent even though like AWA, her job is high school. This is beyond a dumb idea and I imagine we all know it.
Given the lunancy of our tax code, I don't know that this stands out as particularly idiotic (but, don't get me wrong--it is ridiculous). Besides, the 'rebate' is actually for 2008 taxes, so if she earns income during 2008, she will get the rebate, just not right now.
And, in response to Deputy Marshall, you can claim them as a dependent on your tax return, you just don't get the rebate check. Just one more example of the irrationality in our ridiculous tax laws.
| Mike Zeidler
Sujuk
Since: 27.6.02
From: Champaign, IL
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| #29 Posted on 29.4.08 1019.32 | Originally posted by Corajudo
Originally posted by DrDirt
We get nothing for our 17 yo daughter as the Feds in the infinite wisdom have somehow decided she isn't a depedent even though like AWA, her job is high school. This is beyond a dumb idea and I imagine we all know it.
Given the lunancy of our tax code, I don't know that this stands out as particularly idiotic (but, don't get me wrong--it is ridiculous). Besides, the 'rebate' is actually for 2008 taxes, so if she earns income during 2008, she will get the rebate, just not right now.
And, in response to Deputy Marshall, you can claim them as a dependent on your tax return, you just don't get the rebate check. Just one more example of the irrationality in our ridiculous tax laws.
Remember when filing her FAFSA that the Feds thought her a dependent, and see how far that gets you.
"Tattoos are the mullets of the aughts." - Mike Naimark | jfkfc
Liverwurst
Since: 9.2.02
Since last post: 46 days
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| #30 Posted on 29.4.08 1230.37 | Instant Rating: 7.79 | | I just ordered a Dell laptop this morning in anticipation of my stimuli. Your nephew sends thanks, Uncle Sam. | cranlsn
Liverwurst
Since: 18.3.02
From: Sussex, WI
Since last post: 23 hours
Last activity: 3 hours
| #31 Posted on 29.4.08 1258.54 | Instant Rating: 5.51 |
Well let's see...
A new futon/queen size bed for me and the missus. Another session of gymnastics for the boy & swimming lessons this summer.
Beyond that...stow away a little bit to help with the summer grocery bills. | Java
Goetta
Since: 2.1.02
From: Chandler, AZ
Since last post: 40 days
Last activity: 16 hours
| #32 Posted on 29.4.08 1722.29 | | Going towards my daughter's college tuition next fall... | Lise
Mrs. Guru
Since: 11.12.01
Since last post: 32 days
Last activity: 2 days
| #33 Posted on 29.4.08 1723.11 | Instant Rating: 8.19 | Originally posted by Guru Zim
We're blowing it on Rice, cooking oil, and flour.
Don't forget the dumpster rental/disposal fee for all the extra crap we're still getting rid of from the previous owners of our house, and the mini-bobcat rental so we can cut our garden beds out of the lawn. Not to mention that gas is going to be especially expensive here this summer with all the tourists. The only good thing is that firewood should be pretty cheap this year because of all the downed trees from the December storm. | Mr. Boffo
Scrapple
Since: 24.3.02
From: Oshkosh, WI
Since last post: 2 days
Last activity: 1 day
| #34 Posted on 29.4.08 1939.28 | Instant Rating: 5.10 | Originally posted by Karlos the Jackal
As a patriot (Mr. Boffo, why do you hate America?)
Truthfully, I might buy a laptop. I've been considering it a while. It's just that all these businesses trying to jump on the money train feels rotten to me. And I'm no economist, but I'm not sure that the government paying out .8% of the GDP to businesses (which is the end result that they're looking for) is really going to jump-start the economy. So with that in mind, I'm not going to think about the money any differently than I would any other money I have.
/gets off soapbox | Guru Zim
SQL Dejection
Administrator
Since: 9.12.01
From: Bay City, OR
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| #35 Posted on 30.4.08 0123.58 | Instant Rating: 8.87 | Originally posted by Lise
Originally posted by Guru Zim
We're blowing it on Rice, cooking oil, and flour.
Don't forget the dumpster rental/disposal fee for all the extra crap we're still getting rid of from the previous owners of our house, and the mini-bobcat rental so we can cut our garden beds out of the lawn. Not to mention that gas is going to be especially expensive here this summer with all the tourists. The only good thing is that firewood should be pretty cheap this year because of all the downed trees from the December storm.
Or, I could have just blown my half of it on an Xbox 360 and GTA IV this evening 
Then again, the receipt is in the bag and I haven't opened it yet. It wouldn't be the first console we returned.
Sign up for Folding@Home and join our team. PM me for details.
Ignorance is bliss for you, hell for me. | cranlsn
Liverwurst
Since: 18.3.02
From: Sussex, WI
Since last post: 23 hours
Last activity: 3 hours
| #36 Posted on 30.4.08 1506.45 | Instant Rating: 5.51 |
I already answerwed what I'm doing, but as an aside I just found out:
If you used a RAL (Refund Anticipation Loan), or used Turbo Tax and had the filing fees withdrawn from your refund, you will be getting a paper check even if you used direct deposit.
I'm not a "count your chickens before they hatch" kind of guy, but I'm willing to bet there are a lot of folks that will be kind of "gotcha'd" by this.
(edited by cranlsn on 30.4.08 1507) | Lise
Mrs. Guru
Since: 11.12.01
Since last post: 32 days
Last activity: 2 days
| #37 Posted on 30.4.08 1835.03 | Instant Rating: 8.19 | Originally posted by Guru Zim
Originally posted by Lise
Originally posted by Guru Zim
We're blowing it on Rice, cooking oil, and flour.
Don't forget the dumpster rental/disposal fee for all the extra crap we're still getting rid of from the previous owners of our house, and the mini-bobcat rental so we can cut our garden beds out of the lawn. Not to mention that gas is going to be especially expensive here this summer with all the tourists. The only good thing is that firewood should be pretty cheap this year because of all the downed trees from the December storm.
Or, I could have just blown my half of it on an Xbox 360 and GTA IV this evening
Then again, the receipt is in the bag and I haven't opened it yet. It wouldn't be the first console we returned.
Ahhh... I didn't realize we were going halvsies. Good thing there's a mall next to my convention next week then... | Guru Zim
SQL Dejection
Administrator
Since: 9.12.01
From: Bay City, OR
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| #38 Posted on 30.4.08 2122.21 | Instant Rating: 8.87 | Update: The Xbox 360 was returned and I reserved a Bobcat for this Saturday. It will be yard-work fun Aaron this weekend.
Sign up for Folding@Home and join our team. PM me for details.
Ignorance is bliss for you, hell for me. | Eddie Famous
Andouille
Since: 11.12.01
From: Catlin IL
Since last post: 21 days
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| #39 Posted on 30.4.08 2230.39 | Instant Rating: 6.05 |
Originally posted by Guru Zim
Update: The Xbox 360 was returned and I reserved a Bobcat for this Saturday. It will be yard-work fun Aaron this weekend.
I would say "Bwa-ha!" and point at the screen, but mine will be going to a honeymoon fund, also known as whatever the fiancee wants!
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Boerewors
Since: 3.5.06
From: New York
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| #40 Posted on 1.5.08 0837.19 | Instant Rating: 2.00 | Bills...car repairs...and perhaps a new laptop.
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