Not only that, it's a scam! With the last "rebate scheme" implemented in Bush's first term, many self employed folks like me never saw that money. The IRS kept it for estimated taxes. Uncle Sam took that $300 that was meant for me in his "risky scheme" out of one pocket and put it in another. It never made it to the economy out of my hands and therefore it had ZERO effect on the economy. I'm absolutely sure that I was not the only one that had this happen to them. Thus, this "rebate scheme" is a scam and is nothing more than election year vote buying. Watch over the coming weeks as the politico's trip all over themselves to see who can give away more of OUR money.....SICKENING!
All this talk of "temporary" stimulus packages makes my blood boil. How about a PERMANENT stimulus package? Why not eliminate the Capital Gains tax entirely? How about cutting corporate taxes to the point where we are a tax haven for businesses worldwide and watch the dollars flow into the economy like never before.
Hey Jeorge, lets do something to lure back some of that $14 trillion or so of business that the Federal Gubmint has run off shore thanks to our confiscatory tax policies!
“All this talk of “temporary” stimulus packages makes my blood boil. How about a PERMANENT stimulus package? Why not eliminate the Capital Gains tax entirely? How about cutting corporate taxes to the point where we are a tax haven for businesses worldwide and watch the dollars flow into the economy like never before.”
Because a permanent stimulus would not immediately and directly benefit the Democrats constituents. And by god it may wean people off of the nanny state as they make and get to keep their own money.