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mtnmama
Member since 5/06 4794 total posts
Name:
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Message edited 10/7/2009 10:48:33 AM.
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Posted 1/25/08 9:56 AM  |
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alisonggg
Cutie
Member since 3/06 4749 total posts
Name:
a
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Re: So what are you going to spend your tax rebate on?
Posted by DeniseMarie
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
yup this is what we will do as well. our first thought would be to put it into savings, but I feel like we should pump it back into the economy since that is the point
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| Posted 1/25/08 9:59 AM |
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melbalalala
Little Lady
Member since 5/07 5014 total posts
Name:
Melissa
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Re: So what are you going to spend your tax rebate on?
I absolutely DESPISE the idea of the tax rebate. It is a terrible thing for the economy as a whole. This poll proves it, 80% of people are doing things with it that don't help the economy at all. I think you will see that nation-wide, and with good reason.
Yes, it will be great to get a check, if you are eligible, but tax rebates are not the way to "heal" the economy.
...stepping down from the soapbox....
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| Posted 1/25/08 10:02 AM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: So what are you going to spend your tax rebate on?
SAVINGS for a rainy day!
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| Posted 1/25/08 10:03 AM |
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Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
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Re: So what are you going to spend your tax rebate on?
Posted by melbalalala
I absolutely DESPISE the idea of the tax rebate. It is a terrible thing for the economy as a whole. This poll proves it, 80% of people are doing things with it that don't help the economy at all. I think you will see that nation-wide, and with good reason.
Yes, it will be great to get a check, if you are eligible, but tax rebates are not the way to "heal" the economy.
...stepping down from the soapbox....
I don't despite the idea of a tax rebate, as I feel we pay too much in taxes already, but it's a joke to think it will truly stimulate the economy. I feel that giving $600 to $1200 to people earning less than the amounts giving isn't going to do a whole lot to stimulate the economy at all. At best, it will increase consumer confidence, which would be wonderful and helpful -- but the chances that $600 - 1200 a pop will do much for consumer confidence are slim.
We DO need more money in the economy to stimulate it, yes, but as you indicated, the chances of people doing something to stimulate the economy with this money is slim to none. While spending might increase or savings may increase a little bit, I don't think it'll be anywhere near enough to stimulate the economy as planned. Then again, the government keeping this money won't do a whole lot to stimulate the economy either.
We don't qualify for the rebate, but if we did, we'd invest that money wisely and agressively, as we do all of our money.
I am open to the idea that people disagree with me and I know there are two or more sides to everything. (I'd love to hear other opinions and theories on how people think this will or won't work. I'm very interested in it.) Being a staunch capitalist, I realize that not everyone shares my views -- but I believe you need to put major $$ into the economy to stimulate it. You need to give companies the ability and incentives to create jobs and invest more in the economy. While $600 - 1200 COULD go a long way if people used that money properly, the chances of that happening are slim...
I'll be an optimist, though, and hope it increases consumer confidence, savings, and investments. As I said, I hope everyone eligible does get the tax rebates... but I am somewhat skeptical about what good it will do for the economy as a whole. Like I said, I'm open to hearing other thoughts.
Message edited 1/25/2008 10:14:24 AM.
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| Posted 1/25/08 10:13 AM |
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LBG30
:)
Member since 9/05 3423 total posts
Name:
Noelle
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Re: So what are you going to spend your tax rebate on?
Credit card bills!!!
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| Posted 1/25/08 10:25 AM |
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JenBenMen
party of five
Member since 9/06 11343 total posts
Name:
Jen
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Re: So what are you going to spend your tax rebate on?
dont think we will get one
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| Posted 1/26/08 7:45 PM |
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beachgirl13
Mommy to 3 boys!
Member since 5/05 4114 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
I have no idea. When it comes, I'll figure it out.
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| Posted 1/26/08 7:49 PM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
I doubt we're getting anything.
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| Posted 1/26/08 7:49 PM |
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Re: So what are you going to spend your tax rebate on?
If we even get one - daycare or continuing to get ourselves out of debt...
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| Posted 1/26/08 7:50 PM |
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Niblet
LIF Adult
Member since 5/07 922 total posts
Name:
Cher
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Re: So what are you going to spend your tax rebate on?
bills
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| Posted 1/26/08 7:59 PM |
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MrsB-07
proud RELAXIVIST
Member since 11/07 2027 total posts
Name:
b
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Re: So what are you going to spend your tax rebate on?
 Don't know if I get that
Message edited 1/26/2008 8:38:26 PM.
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| Posted 1/26/08 8:36 PM |
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TaraHutch
True beauty
Member since 10/07 9888 total posts
Name:
Tara
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Re: So what are you going to spend your tax rebate on?
whoops I thought you meant refund not rebate...
Message edited 1/26/2008 10:54:08 PM.
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| Posted 1/26/08 10:53 PM |
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Tine73
Member since 3/06 22093 total posts
Name:
*********
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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.
Susan, what do you mean? We are SO rich!!  Dan and I live in the lap of luxury. Of course, I am totally kidding!!!!!!
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| Posted 1/27/08 7:52 AM |
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KristinasMama
How did she turn 2 so quickly?
Member since 10/07 8257 total posts
Name:
Blessed Mama of Kristina Elena
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Re: So what are you going to spend your tax rebate on?
I will totally be throwing it back in.... Stuff for  !!!!!!!!!!!!!!!!!!!!
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| Posted 1/27/08 8:12 AM |
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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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Re: So what are you going to spend your tax rebate on?
Bills!!!
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| Posted 1/27/08 8:57 AM |
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luvshopping
LIF Adolescent
Member since 3/07 616 total posts
Name:
ME!!!!
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Re: So what are you going to spend your tax rebate on?
probably putting it towards my bills. So not fun!!
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| Posted 1/27/08 8:58 AM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
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Re: So what are you going to spend your tax rebate on?
I will use my refund and any rebate I may qualify for to pay down my CC with the highest interest rate (29.99%!!!!).
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| Posted 1/27/08 3:32 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
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Re: So what are you going to spend your tax rebate on?
$150K seems pretty rich to me. 
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| Posted 1/27/08 3:32 PM |
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JRG71
*****************
Member since 5/05 5025 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
we don't qualify.
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| Posted 1/27/08 5:01 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: So what are you going to spend your tax rebate on?
Posted by JenniferEver
$150K seems pretty rich to me.
not when you own a house on LI
DH and I are under the limit - but these things should be done with regional limits. $150K in NY does not go as far as $150K in Arkansas
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| Posted 1/27/08 6:31 PM |
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igottabeme
Its peanut butter jelly time!
Member since 1/08 2340 total posts
Name:
Wouldnt you like to know! ;)
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Re: So what are you going to spend your tax rebate on?
my vote would be for a vacation!
however, DH would vote for putting it in savings!
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| Posted 1/27/08 7:06 PM |
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Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
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Re: So what are you going to spend your tax rebate on?
Posted by JenniferEver
I will use my refund and any rebate I may qualify for to pay down my CC with the highest interest rate (29.99%!!!!).
Holy crap....what kind of CC is that?
I thought it was illegal to charge a rate over 24.99%
or maybe Im showing my age in banking!!
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| Posted 1/27/08 8:31 PM |
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