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Katie111806
Team Pink!
Member since 12/06 5349 total posts
Name:
Katie
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Re: So what are you going to spend your tax rebate on?
Will this be based on 2006 or 2007 income? Sorry if this is a stupid question.
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Posted 1/24/08 11:20 PM  |
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laurabora
LIF Adult
Member since 4/07 2712 total posts
Name:
Laura
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Re: So what are you going to spend your tax rebate on?
Posted by Blu-ize
Posted by Tine73
unfortunately we do not qualify  I was soo looking forward to it!
yeah because if you make $150K you are considered rich...right...rich..that's a laugh.
maybe $150k not in LI or NYC.
Seriously, some rich person in Kansas who makes $149,000 but owns an $80k house needs that rebate more than we do.
We probably won't qualify either and I'm grumpy about it.
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| Posted 1/24/08 11:30 PM |
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laurabora
LIF Adult
Member since 4/07 2712 total posts
Name:
Laura
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Re: So what are you going to spend your tax rebate on?
Posted by Katie111806
Will this be based on 2006 or 2007 income? Sorry if this is a stupid question.
I was wondering what tax year this would be based on as well...
Message edited 1/24/2008 11:31:20 PM.
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| Posted 1/24/08 11:31 PM |
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MrsFlatbread
Skinny jeans are in my future
Member since 6/06 10258 total posts
Name:
Baby Momma
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Re: So what are you going to spend your tax rebate on?
Couples that make over 150,000 combined will have their refund reduced based on the amount of income over that amount. So many of you, will not get much.
We will likely have lunch at McDonalds with ours.
Message edited 1/25/2008 7:28:24 AM.
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| Posted 1/25/08 7:28 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Posted by laurabora
Posted by Katie111806
Will this be based on 2006 or 2007 income? Sorry if this is a stupid question.
I was wondering what tax year this would be based on as well...
I wonder that too. I was out of work for most of '07, so if it's based on that, we definitely qualify!
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| Posted 1/25/08 7:43 AM |
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2BEANS
wow time is going fast.
Member since 9/07 16106 total posts
Name:
Tina
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Re: So what are you going to spend your tax rebate on?
we are spending on my dhs' mouth surgery..
It was supposed to go in the bank to save for a house.
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| Posted 1/25/08 7:44 AM |
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sami
So very blessed!! Thank u !!
Member since 8/06 6524 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
I will get my bedding set for my baby, but who knows if the check will even cover it!
Message edited 1/25/2008 7:56:11 AM.
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| Posted 1/25/08 7:55 AM |
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luckysmom
Yes it is! Going as planned:)
Member since 6/07 5339 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Posted by SweetestOfPeas
Posted by laurabora
Posted by Katie111806
Will this be based on 2006 or 2007 income? Sorry if this is a stupid question.
I was wondering what tax year this would be based on as well...
I wonder that too. I was out of work for most of '07, so if it's based on that, we definitely qualify!
I am pretty sure it is '07. But i know a married couple has to make less than 150,000 a year. What if you just got married in July? Does that matter? You should still get it right? ANd do they just automatically send it to you?
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| Posted 1/25/08 7:56 AM |
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MST9106
My life:)
Member since 6/06 9589 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
The $150,000 cap refers to the "middle class" income. There's been a few debates as to what constitutes a middle class and the income, and I guess they settled it. It would be calculated based on the previous year income (2007).
To answer the question, I also think its going to go towards our plasma...
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| Posted 1/25/08 8:01 AM |
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BunnyBaby
Loving Motherhood!!!
Member since 11/07 1238 total posts
Name:
Audrina
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Re: So what are you going to spend your tax rebate on?
Bills... What else does all our money go to? 
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| Posted 1/25/08 8:11 AM |
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MetsGirl07
LIF O2 Vendor
Member since 12/07 16202 total posts
Name:
Deanna
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Re: So what are you going to spend your tax rebate on?
no doubt... BILLS
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| Posted 1/25/08 8:21 AM |
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ctrain1124
Our Gang!
Member since 8/07 3190 total posts
Name:
C
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Re: So what are you going to spend your tax rebate on?
DH despretely needs new tires for his truck. So thats what it will go too!
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| Posted 1/25/08 8:23 AM |
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DeniseMarie
<3
Member since 8/07 10682 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
I told DH we should put it back into the economy bc that is the whole point. So we are going to buy smethnig for the house
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| Posted 1/25/08 8:25 AM |
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NinaLemon
It's a boy!!!
Member since 10/07 6453 total posts
Name:
Jeannine
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Re: So what are you going to spend your tax rebate on?
It'll probably just go into savings, DH and I are pretty boring 
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| Posted 1/25/08 8:28 AM |
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princess99
LIF Adult
Member since 5/05 3944 total posts
Name:
ME
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Re: So what are you going to spend your tax rebate on?
Savings or extra money towards the mortgage.
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| Posted 1/25/08 8:36 AM |
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TreAnt427
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Member since 8/06 8652 total posts
Name:
Tracy
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Re: So what are you going to spend your tax rebate on?
I voted other because it will probably go to a few things.
Savings, bills, and vacation.
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| Posted 1/25/08 8:39 AM |
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CaseyGirl
Mommy to 3 Boys :)
Member since 5/05 19978 total posts
Name:
Jen - counting my blessings...
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Re: So what are you going to spend your tax rebate on?
Pay off some bills
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| Posted 1/25/08 8:59 AM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
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Re: So what are you going to spend your tax rebate on?
for our boys college fund.
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| Posted 1/25/08 9:00 AM |
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mommy2Alex
3 babies for me :)
Member since 5/05 6683 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Posted by Tine73
unfortunately we do not qualify I was soo looking forward to it!
Same here! I wanted to pay off some of the balance from our bedroom furniture. Oh well.
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| Posted 1/25/08 9:22 AM |
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seank80
Don't Taze My Dog Bro!!
Member since 5/07 2240 total posts
Name:
Sean
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Re: So what are you going to spend your tax rebate on?
Well we already have a vacation planned so I guess this will fund our vacation.
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| Posted 1/25/08 9:23 AM |
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JMC1014
We got a puppy!!
Member since 5/07 1420 total posts
Name:
J
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Re: So what are you going to spend your tax rebate on?
Towards our "have to get siding on the house" fund!
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| Posted 1/25/08 9:32 AM |
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CaMacho
Sisters :)
Member since 7/06 15112 total posts
Name:
Jess
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Re: So what are you going to spend your tax rebate on?
It'll go right into our savings!
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| Posted 1/25/08 9:33 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: So what are you going to spend your tax rebate on?
I just spent it. I bought a cup of coffee..
oo...I have a little left over..maybe I'll get a yogurt.
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| Posted 1/25/08 9:36 AM |
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NYGirl
LIF Infant
Member since 11/05 274 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Posted by Blu-ize
I just spent it. I bought a cup of coffee..
oo...I have a little left over..maybe I'll get a yogurt.
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| Posted 1/25/08 9:38 AM |
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Sassyz75
Turning a new page
Member since 5/05 9731 total posts
Name:
Dina
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Re: So what are you going to spend your tax rebate on?
not sure- we're tryinig to buy a house- so we'll probably sock it in savings and then use it when we move for something...
in general though- i think this rebate is not going to work- by the time tax payers have the $ in their hands- it's going to be July at best- at that point, this "recession" will probably be on it's way to being over.
Also- the hope is that people will "do the right thing" and pay off their CC bills with the $$$ and not put the money back into imports, which adds to our economic problems and weakened dollar.
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| Posted 1/25/08 9:39 AM |
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