It seems like everyone I asked about this today already knew, but I didnt see anything about it when I searched the blogs so I'll break the news.
If you live/work in America, then it seems like well be in for a nice 800 dollar tax rebate. WOOT!
This happened back in 2001 and everyone got 300 dollars. I was a few months too late as i was 16 and didn't have a job yet :-( There was an amazing episode of Futurama spoofing this.
So the idea is give the people money, and were supposed to run right out and blow it on a car down payment or home improvement or, you guessed it, VIDEO GAMES AND HIGH DEF TVS AND SUPER HAPPY FUN TOYS!!!
Heres an article from CNN
http://www.cnn.com/2008/POLITICS/01/23/economic.stimulus/index.html
So what would you guys buy? If it all goes through we should have the checks in June. PS3 and Metal Gear Solid anyone? I can tell you if I got the check today I would buy The Orange Box and Warhammer 40k Dawn of War, and pay off my GTA4, Starcraft 2, Brutal Legend, and Warhammer Online pre orders. The rest would probably go to other hobbies that arn't gaming.
God Bless America :-)
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There are 25 comments about this post:
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(# 0) on 01/23/2008 21:38
(# 1) on 01/23/2008 21:39
And to answer your question, yes. Yes I would like $800.
(# 2) on 01/23/2008 21:41
(# 3) on 01/23/2008 21:41
(# 4) on 01/23/2008 21:42
(# 5) on 01/23/2008 21:43
(# 6) on 01/23/2008 21:45
(# 7) on 01/23/2008 21:45
(# 8) on 01/23/2008 21:49
(# 9) on 01/23/2008 21:51
(# 10) on 01/23/2008 21:52
(# 11) on 01/23/2008 21:55
for fuck's sake, our national debt is at 9.192 trillion dollars and increasing faster than a greased up pig sliding through your fingers after you grab it (don't ask about the analogy, it works) the government needs to spend that money where we NEED it.
hmm... like HEALTH CARE, and EDUCATION, and STUDENT LOANS.
absolutely the worst way this money can be spent.
(# 12) on 01/23/2008 22:00
*crosses fingers*
The article indicated that nothing has been settled yet. And from what I can tell, us poor people might end up getting screwed:
The main sticking point in the negotiations is who the rebate checks should target. Bush has said he wants rebates for those who pay income taxes. But Democrats say such an approach would mean tens of millions of households would get only a partial rebate or none at all -- about 65 million, the liberal Center for Budget and Policy Priorities estimates.
That group includes those whose tax bill is so low that their rebate would be much less than $800 or $1,600, as well as low-income households with no income tax liability because of credits and other tax breaks. It would also include households that do not have to file a tax return.
(# 13) on 01/23/2008 22:11
(# 14) on 01/23/2008 22:14
(# 15) on 01/23/2008 22:15
(# 16) on 01/23/2008 22:22
(# 17) on 01/23/2008 22:25
I'll end up spending it on bills probably :(. I'm getting a PS3 on Valentine's Day though so I'll complete my system collection then.
(# 18) on 01/23/2008 22:27
yea i hear ya, but i guess the idea is that this helps jolt the economy and everything improves after that.
economies are so confusing, i try not to think about it.
(# 19) on 01/23/2008 22:33
(# 20) on 01/23/2008 22:53
(# 21) on 01/23/2008 22:58
(# 22) on 01/23/2008 23:02
Thank you. Seriously. Thank you.
@Spykron
That's the idea, but it only stimulates the economy if literally something like 80-90% of the people that get that rebate go out and spend the whole thing quick. Even then, someone has to be accountable for that money. As ZeroTolo said, our kids, probably. And that, my friends, sucks asszors.
If you really want to flip the bird to the government, SAVE ALL THAT MONEY!
(1st post. I think I'm gonna like it here!)
(# 23) on 01/23/2008 23:39
I'm about 3 grand in debt and $1,600 (1 check for me and 1 for the misses) would be a lot of dirt put back in the hole.
I've got my HDTV, my 360, PS3, and Wii. I've got a DS, and a functional computer. The only thing I'd really want to do with this money is spend about $200 of it on a PSP and a few games I've been meaning to play on it, and I'd save the rest.
(# 24) on 01/24/2008 01:40