Posted on 03/24/2022 7:24:26 PM PDT by ChicagoConservative27
Roughly a dozen states are proposing sending tax rebate checks to their residents to offset the highest inflation in four decades, with lawmakers on both sides of the aisle pointing to high gas and food prices as prompting their actions.
Among them is Georgia Gov. Brian Kemp, a Republican, who on Wednesday signed a law to send checks of up to $500 to state residents. The reason, he said in a statement, is to soften the impact of inflation on household budgets — and also return some of money amid a record state budget surplus.
(Excerpt) Read more at cbsnews.com ...
Only a pencil-necked bureaucrat would conclude that the answer to the inflation that caused by excess government spending can be solved with more excessive government spending.
Irony.
I doubt are elected officials ever took course in macroeconomics.
“Here are some cans of gasoline to help put out the fire, citizen!”
Of course sending out more stimulus checks(no doubt borrowed from the FED), will only cause more inflation.
No, the reason Kemp is doing this is to buy votes.
Increasing the money in circulation is an excellent way to fight inflation!
The morphine drip over the US continues........
Someone will put us out of our collective misery.
And then once they send those then they want checks for illegals.
Becuz mo money!
A legit election would have been much cheaper
More desperate vote buying.
Why not post the dang list of welfare states????
Now....everyone who has migrated to TX, please immediately relocate to one of these gibbsmedat states, stat. .....
California
On Wednesday, California Gov. Gavin Newsom, a Democrat, said he’s proposing to send direct payments of $400 per vehicle to state residents, with a cap of two vehicles. Pending approval from California lawmakers, the checks could arrive as soon as July, the statement said. Drivers in California face some of the highest gas prices in the nation, with the state average at $5.87 per gallon on Wednesday, according to AAA.
Georgia
Gov. Kemp on Wednesday signed a bill that will send rebates to taxpayers who have filed returns for both 2020 and 2021 in the state. The state will send $250 to people who filed as single taxpayers, $375 to head of household and $500 for married filing jointly.
Hawaii
Gov. David Ige, a Democrat, in January proposed sending $100 to each taxpayer and their dependents, which means $400 for a family of four.
Idaho
Republican Gov. Brad Little in February signed a bill that includes $350 million in tax rebates, which will apply to 12% of an individual’s 2020 Idaho income tax return, or $75 for each taxpayer and dependent, whichever is the greater amount.
That means a family of four could receive at least $300.
Indiana
Residents of Indiana will receive $125 each after they file their taxes in 2022 due to higher than projected tax revenue, according to the IndyStar.
Maine
Gov. Mills wants to send $850 to most residents as part of the state’s budget bill. In a statement, her office said that the average Maine resident will spend $560 more this year than last due to inflation.
Minnesota
Gov. Tim Walz, a Democrat, has released a plan for spending the state’s budget surplus that included a proposal for income tax rebate checks of $1,000 per couple.
New Jersey
Gov. Phil Murphy, a Democrat, and the Democrat-led Legislature included cash checks of up to $500 to about 1 million families as part of a budget deal last year, when the governor and lawmakers were up for election.
New Mexico
Democratic Gov. Michelle Lujan Grisham earlier this month signed a law to provide $250 rebate checks for individuals, and $500 for married couples. Like the stimulus checks issued by the federal government during the pandemic, these come with income limits, with couples earning up to $150,000 and single filers with income up to $75,000 eligible for the checks.
New York
Democratic Gov. Kathy Hochul is proposing tax relief for New Yorkers through a $1 billion property-tax rebate program. The average benefit of the property tax rebate would be about $970 for homeowners outside of New York City, according to Bloomberg News.
Virginia
A bribe from an idiot...they didn’t even do this in the 70’s.
I’d rather they simply cut taxes and get rid of the “middle man” of government.
Illinois is finally spreading around all of the COVID money that Fedzilla sent, and Gov Priztker is making a lot of TV commercials about his fiscal leadership is bringing Illinois out of the dem-induced fiscal nightmare it’s been in for years. He’s hoping the money/gravy train lasts until the election in November.
It was never the governments money you dummies. They confiscate it from you and offer you .05 cents on the dollar they took. Any more than that they are borrowing the rest from your children’s children to put that gas in your tank. Then the real crazy bit is that that is a government subsidy that will serve to keep gasoline prices artificially high. Then the money goes to oil companies whi are supposed to be evil price gouging robber barons. Go figure stupid.......
Spandex jackets for everyone
$400 per licensed vehicle. I live in CA, nice neighborhood and bought a car 10 years ago because my neighbor and his kids would park in front of my house. There are no homes across the street in a curbs and sidewalk neighborhood. On average I go through one tank of gas per year. Bring it on Gavin…that’s my gas cost for 5 years.
Any Freeper here ever consider of starving the beast? I have been since I started earning my OWN cash.
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