Economic stimulus my ass

posted by Jeff | Tuesday, April 29, 2008, 12:05 AM | comments: 5

I thought that the "economic stimulus" checks were all bullshit in the first place, because I suspect people who really need it will be paying bills and not buying shit (therefore not stimulating anything), but now I'm just pissed. Tyler linked to a calculator on the IRS site that indicates I don't get dick because I make too much.

So in other words, you can make more money, pay a higher tax rate, and you get nothing back. What a load of crap. Thank you, Congress and Dubya. Thanks for nothing!

I'll be the first to admit that I don't have anything to complain about financially, and that there are more ways for people who make more to manipulate their taxes and pay a lower effective rate. The truth is that I don't have a problem with higher tax rates for people who make more (even though I find it strange that, according to a recent article in Forbes, something like 90% of the federal budget is funded by 10% of the population, though that certainly validates the shrinking middle class). My issue is that if you're going to give breaks, you sure as hell should give breaks to everyone.

Whatever, my bigger issue is that this isn't something the government can afford in the first place.


Comments

Walt, April 29, 2008, 1:32 PM #

You sound like a Republican. :)

If we can get you hating graduated tax rates, your journey to the dark side will be complete!

Rob, April 29, 2008, 1:42 PM #

Yes, yes he does.

We're getting a stimulus check. I'll be sure to cross out "Internal Revenue Service" on the top left and replace it with Jeff Putz for the issuer of the check ;)

BTW, thanks ahead of time for paying for my glasses :)

~Willi

Jeff, April 29, 2008, 2:12 PM #

Don't worry, Walt, the realist in me can't jump on the Ron Paul bandwagon. :) There are all kinds of ideals that those cats would like to see that ignore the fiscal reality (like, you know, a ridiculous national debt).

8dot3, April 29, 2008, 4:40 PM #

The thing that pisses me off about it is that you can't opt out. Its just an advance on next year's return, if your like me and you pay at the end of the year I now owe $600 MORE for 2008.

Eric, April 30, 2008, 3:54 AM #

8dot3, you should check with the IRS, as this money is not an advance against anything, except our staggering national debt.

There is not expectation of paying it back.


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