Will the check be in the mail? ($800 per individual taxpayer?)

My Fox Tampa Bay ^ | 1/19/08

[Nathan Zachary]

If they wanted to help this economy they would repeal the gasoline tax for a year or two. Fuel costs are what what is driving this economy down right now.

Exactly. It's the high fuel costs which is really driving the economy into a recession. This one time "rebate" is just giving people their own money back, (which they will have to add to their income and pay tax on next year)

[Nathan Zachary]

"European sports car with TWO mufflers on the same pipe? (One is called a mid-muffler.) Nope. But throw in another $500 for LIFETIME coverage? You betcha..."

It's not called a "mid muffler". it's called a "catalytic converter". it is a pollution control device, not a muffler.

[Eric Blair 2084]

They’re sending people nothing. It was THEIR money to begin with.

[elkfersupper]

BFD. 3 tanks of gas and a carton of cigarettes (all overtaxed).

If anything is needed, it is an across-the-board permanent tax cut.

[Myrddin]

$800 = about 3 months of gasoline at $60 per week for the average tax payer burdened with paying everybody else’s bills, because most tax payers drive to work 5 days a week.

I work from my home. No commute. If not for giving my son a ride to work, the battery on my truck would run down and die. He pays for the gas I use to transport him. Lest you think working at home is a party, realize that I'm always at work. My phone rings from early morning until late evening (11 PM) with calls from my colleagues all over the U.S. I allocate about 800 sq ft of my house to support my work. The computers, electricity, heating/cooling, DSL, ISP and cellphone costs all come out of my after tax income. My company only pays for postage (USPS, UPS, FedEx) and domestic mileage to deliver the parcels to the appropriate shipping agency.

My wife has a wretched 1.1 mile commute to work...4 days a week for 10 hour shifts. The cost of gasoline is a nuisance.

I won't have any problem putting a check right back into the economy. It will support a local businessman, a U.S. manufacturer and all the trucking companies that deliver the goods from the factory to my town.

[usmcobra]

Yeah but it is nice to get it back...

[elkfersupper]

Sounds like more money in the ammo fund.

That's what I do with every nickel of windfall.

[Normal4me]

I had an arguement the other night with some retards people who were discussing this. In the same breath of air they were bashing the Republicans for the deficit and then saying this rebate is not enough! Where do they think this money is coming from if we already have a deficit???

I brought up cutting the gas tax and dropping fuel costs back to under $2.50 a gallon and a woman told me she would rather have the cash!

[elkfersupper]

To stimulate the economy, cut taxes, spending, and fire 90% of the jerks in DC.

That won't work unless 90% of "Law Enforcement is fired and the rest disarmed (I am in favor of this, BTW).

[Eric Blair 2084]

Are you stationed in Japan?

[Nathan Zachary]

"It amounts to $448,000 for every living person in the United States. We're not going to tax out way out, or spend out way out or grow our way out. A financial tsunami is coming and there isn't much any of us can do about it. Prepare as best you can for"

It works out to about $38,000. For every person, not 448,000. And I've already paid my share of it this year alone, (and your share too. All in all, our national debt isn't really that bad when you take into account what our GNP is.

What IS bad about our national debt is how it's being managed. It's being added to year after year instead of being paid down. When it reaches about 12% of out GNP (currently it's about 8%) then you can say we are in bad shape.

Don't worry, the rest of the world's economy will have gone around the bend in the toilet before ours will, so all that "finacial tsunami" will do is level the field, with the imaginary wealth of the "world bank" resetting everyones bank balance.

[Libloather]

BFD. 3 tanks of gas and a carton of cigarettes (all overtaxed).

Dang. What do you own - an 18 wheeler? $800 should cover a ton of gas and some of those extra-fancy imported smokes.

[Joe Bfstplk]

A hundred billion dollars in ‘stimulus’, plus or minus. And not a word from anyone on how to pay for it.

Dissolution of HEW, HUD and the IRS would be a start.

[Libloather]

It's not called a "mid muffler". it's called a "catalytic converter". it is a pollution control device, not a muffler.

Nope. I've got a catalytic converter and two mufflers. That's why one is called a mid-muffler. Learn something new every day - eh?

[Blood of Tyrants]

And just where will the money come from? Reduced spending? Not bloody likely! The government will borrow it and sink our children deeper in debt.

[Libloather]

Doesn’t this amount to just an advance on our tax returns? Like the last time in 2001? That’s not a rebate.

The last check I received was for real loot. It had nothing to do with returns or advanced returns since I wasn't due anything. Making sure you REPORT the income from that government check maybe another matter.

[Nathan Zachary]

Then it’s called a resonator. Yep you do learn something new every day, don’t you?

[DuncanWaring]

It amounts to $448,000 for every living person in the United States.

I thought it was $448,000 per household.

[ajay_kumar]

The printing presses are being oiled and warmed up.
Printing 200 Billion dollars might take a few weeks though.

[Man50D]

And just where will the money come from? Reduced spending?

If you bothered to read The Fair Tax Act or visited The Americans For Fair Taxation website you would know it will collect the same amount of money as the income tax since it is staring you right in the face on the homepage.