| Feb 12 @ 5:43 PM |
Tax Rebates: Thank Me Here
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thegoodideaman
Posts: 1,915
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the problem is people aren't flies,
you swat flies, end of story...
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| Feb 12 @ 5:43 PM |
Tax Rebates: Thank Me Here |
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SensualGemini
Posts: 3,460
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Nah wrote:what is a business/country made up of? only widgets, machines, or is it run by people and worked by people...show me 1 business/country that there are no people that are working/living in it to keep it afloat/open/viable .......
...You run a business, you bust your butt and work 16 hours a day, 7 days a week with no vacation for years. You have no family or social life, as your focus is to suceed, stay off welfare, provide for your family, your children's college education and pay your bills on time.
...Now in this business, you have your cash register open and when you sleep at night, you leave the doors unlocked, the lights on and have a huge sign outside and inside that tells the world where your profits are sitting, but if they take it all, you will stop working and become as they are and no more money in this cash register.
,,,Many people have noticed this sign and knowing they cannot take it all, but how will they divide the monies, but leave a little so there will be more tomorrow?
...You now have our Federal and State government's distribution of the working class.
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| Feb 12 @ 5:50 PM |
Tax Rebates: Thank Me Here
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SensualGemini
Posts: 3,460
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Good wrote:the problem is people aren't flies,
you swat flies, end of story...
Great! ...start your mass deportation of Illegals today. Start educating the welfare recipients tomorrow and as the Illegal's leave, jobs for the poor will be open.
PS: A parable, they are flies coming to honey; honey that the busy, working bees made to live on through the winter.
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| Feb 12 @ 5:53 PM |
Tax Rebates: Thank Me Here |
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blueyes101
Posts: 8,306
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My point was...... Most social programs take from those who are productive and contributing and give to those who are not.( for whatever reason )
A successful business has people who contribute to make itself work, if the people feel they are being compensated properly for what they give, the company continues to grow.
If we must balance our checkbook everyday to keep our our own finances in order, why do we not expect our government to do the same.
Any successful company limits it's expenses, to increase it's profits. And preserve it's viability.
Politicians spend regardless of the income, passing the burden on to the tax payer. Or just allow the debt to grow...... All to simply gain favor.
How is this working for us so far?
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| Feb 12 @ 5:58 PM |
Tax Rebates: Thank Me Here
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thegoodideaman
Posts: 1,915
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hmmm... back on topic?
ok...
if times get tough DR,
you can crash with me for a few days...
I can give you a Twenty, if you need it...
if I knew how much you make,
and what kind of car you drive,
I would know how much pity to give you...
the Extremely Wealthy have convinced the middle class
that the pore are dragging them down by the Coattails...
so much so that they don't notice the Wealthy are pushing down from the top...
one example gas is $3 a gallon,
Exxon/Mobil made record profits again this year,
and they get "government subsidies",
( fancy term for your Tax Dollars )
( yes, you actually pay twice for gas )
but it's the Welfare mother that's going to kill us all...
if you want more examples,
I'm afraid you'll have to look them up yourself...
[Edited on 2/12/2008 7:32 PM]
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| Feb 12 @ 6:03 PM |
Tax Rebates: Thank Me Here |
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nah12
Posts: 3,973
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wellllllllllll not quite GH.......new basic math is used and needs to be applied....  what you need to know 
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| Feb 12 @ 6:06 PM |
Tax Rebates: Thank Me Here
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blueyes101
Posts: 8,306
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I know what you mean,
but like it or not...
a Country is a "social program"
A country is made up of people, a government is only a representation of those people, put in place to run the country. The purpose of government was never to redistribute the wealth of it's citizens. We were founded on the hope our government would get out of the way and allow " we the people " the freedom to provide for ourselves..... And allow us to give to those we see fit...... We are a very generous country, but yet we are forced to still pay taxes, so politicians can give our money away and make them look/feel important, and use that money to garner votes.
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| Feb 12 @ 6:09 PM |
Tax Rebates: Thank Me Here |
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Bj864
Posts: 3,110
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Posts: 1,762 If the "tax rebates" are anything like the last round of "rebates," they're just advances on the tax refunds coming next year.
Are they?
Good question.
I haven't really read anything regarding this, but I would like to know myself.
The other "rebates" were not rebates at all, but were simply an interest free loan against your taxes that were due the following April
No SNG. They are not.
The rebates are a handout, period.
It's a straight redistribution of income from those of us who pay the taxes to you.
Please tell me where you got this information from. Also where did your info come from stating only those who paid -0- taxes gets it?
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| Feb 12 @ 6:12 PM |
Tax Rebates: Thank Me Here
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kattsmeow
Posts: 21,230
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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/02/12/BUOAV0BJP.DTL
Q: Lynn H. asks, "Will the rebate be taxable income that we need to claim as income for 2008 on our tax returns? Will the checks be in the actual amounts quoted, or will there be taxes deducted?"
A: The rebates are not taxable. You will not have to report them as income for 2008. No taxes will be deducted from the rebates.
Rebates also will not be added to income to determine whether people are eligible for federal or federally subsidized programs such as food stamps or welfare.
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| Feb 12 @ 6:15 PM |
Tax Rebates: Thank Me Here |
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thegoodideaman
Posts: 1,915
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I total understand your point,
it's unfair that people work for there piece of the pie...
and then they are milked for what they've earned...
the milk is then given to those who've done nothing...
(ergo, have no value)
I understand your plight...
and you can deport some,
lock some up,
Educate others...
but at some point you get to the people
that you'll have to create a forced labor program...
or let them live in the street, and eat out of dumpsters,
or decide it's ok to just kill them...
(is it ok to create a third world country inside America)?...
the Questions are very complicated,
the answers won't fit into a Cliche/Sound bite...
good luck finding an easy answer...
People refuse to fit Neatly into a Structured Orderly Society...
what do you do with the round Pegs,
if you're only Prepared to tolerate Square holes?
you toss them?
[Edited on 2/12/2008 6:21 PM]
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| Feb 12 @ 6:15 PM |
Tax Rebates: Thank Me Here
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Heaveninawildflower
Posts: 15,203
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You beat me to it Katt! By the way, I won't be qualifying either, but no thanks are necessary...  I know it's a strange point of view, but I think most people would rather work and earn enough not to qualify, and I've been in the position of wondering whether to pay the rent or put food on the table...I'm more than happy to share with people who are where I was, and yes, there were plenty of people who helped me...glad to be able to pay back a bit.
How Much Will You Get?
Qualifying single filers (AGI less than $75,000) will get rebates of up to $600. Qualifying couples (AGI less than $150,000) will get rebates of up to $1,200, plus $300 per dependent child, with no maximum on the number of eligible children.
Persons who owe no income taxes, but earned at least $3,000 in income from Social Security and veterans disability will get rebate checks of $300 for individuals and $600 for couples.
What if You Made More than the Maximum Income?
You will still get a check, but it will be reduced by 5-percent of the amount you earned above the AGI income caps of $75,000 for single filers and $150,000 for couples.
For example: A single filer with no children and an adjusted gross income of $80,000, or $5,000 over the AGI cap, will see their rebate check reduced by $250 (5% of $5,000), and will get a check for $350, instead of $600.
At some income point above the AGI income caps, the rebate checks will phase out completely.
For example: A single filer with no kids and an adjusted gross income of $87,000, or $12,000 over the AGI cap, will not get a rebate check because it would be reduced by the full $600 (5% of $12,000).
[Edited on 2/12/2008 6:17 PM]
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| Feb 12 @ 6:16 PM |
Tax Rebates: Thank Me Here |
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nah12
Posts: 3,973
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BJ ...if someone only earned say $3000.00 then they would have no tax liability due…hence they paid -0- but they still get the $
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| Feb 12 @ 6:19 PM |
Tax Rebates: Thank Me Here
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Heaveninawildflower
Posts: 15,203
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Nah, based on what I read, that would only apply if it were SS/SSI, not if it were 'earned income'...at least that's what it looks like... 
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| Feb 12 @ 6:26 PM |
Tax Rebates: Thank Me Here |
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nah12
Posts: 3,973
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here it is Heaven.....
Tax filers who do not owe income taxes because of various credits and deductions but have at least $3,000 in income - which can include Social Security and disability payments - will get $300 rebates per person or $600 per couple.
Tax filers who do not owe income taxes because of various credits and deductions but have at least $3,000 in earned income or $3,000 in Social Security benefits or certain veteran's benefits will get $300 rebates per person or $600 per couple.
ALSO:
Your rebate is a one-time tax cut - an advance on a credit you'll receive on your 2008 return.
It's based on your 2007 income initially. If it turns out that your 2008 income and number of children would have qualified you for a larger rebate than the one you received, you'll be sent the difference. If it turns out your 2008 income was lower than in 2007 and you should have gotten a lower rebate, you get to keep the difference.
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| Feb 12 @ 6:28 PM |
Tax Rebates: Thank Me Here
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thegoodideaman
Posts: 1,915
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Question,
they want to give these "Stimulus Checks"
to those who will spend them, and "stimulate" the economy...
well, the poor can afford to neither save nor invest...
however, I think you've established the fact,
that the poor don't deserve...
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| Feb 12 @ 6:31 PM |
Tax Rebates: Thank Me Here |
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nah12
Posts: 3,973
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you may think they don't deserve it...but that's just your opinion not everyones...
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| Feb 12 @ 6:39 PM |
Tax Rebates: Thank Me Here
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Jankia
Posts: 9,088
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DR hasnt been back to check out his thread.
Reckon hes putting in overtime to win my bet? 
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| Feb 12 @ 6:41 PM |
Tax Rebates: Thank Me Here |
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Heaveninawildflower
Posts: 15,203
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Thanks Nah...and those 70 hour weeks are killer, I've finally gotten down to 50.
Yeehaw!!!!!!!!!! 
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| Feb 12 @ 6:48 PM |
Tax Rebates: Thank Me Here
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thegoodideaman
Posts: 1,915
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you may think they don't deserve it...but that's just your opinion not everyones...
actually that's not my opinion,
that's my reflection of the general opinion,
of the last 3 pages of posts...
my opinion is different...
[Edited on 2/12/2008 6:51 PM]
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| Feb 12 @ 6:50 PM |
Tax Rebates: Thank Me Here |
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Bj864
Posts: 3,110
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...An ago old issue, if FICA was put aside, invested in even government bonds, there would be $Trillions in the fund. Come on, it is pulling in 15.3% of ever dollar earned from everyone that works, or has an income.
...FICA is not a social program, but a forced tax for retirement that is not going where it belongs, but to the General Fund to support fiscal expenditure. It is no different than you or I borrowing from our IRA, 401, etc. to pay our monthly bills. Our politicians do not even subscribe, as they have created their own retirement fund.
It sure is nice to see someone explain social security the way it is. Most people still do not know this.
BJ ...if someone only earned say $3000.00 then they would have no tax liability due…hence they paid -0- but they still get the $
It seems like there wouldn't be very many of these people except social security and then SSI.
It's based on your 2007 income initially. If it turns out that your 2008 income and number of children would have qualified you for a larger rebate than the one you received, you'll be sent the difference. If it turns out your 2008 income was lower than in 2007 and you should have gotten a lower rebate, you get to keep the difference.
This is not really clear. I have a sneaky suspicion that it is going to built into the tax tables, just as it was before. If that is the case, the only people that really receive it, are the ones that are not paying taxes on it. They didn't give it to SS & SSI beneficiaries the last time.
The one thing we are overlooking in this discussion is that the rebates are being given to stimulate an economy that is fast becoming a disaster. I think it is too little too late and that we are heading for some worse times. However, this will help a little.
[Edited on 2/12/2008 7:02 PM]
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