duroejc 0 #1 May 9, 2008 Just saw my economic stimulus payment was deposited. A whopping $36.40 WTF- That's not enough to stimulate a bowel movement. Let me see- can't get a tank of gas, could take my qualifying childeren to Micky-Ds- but I probably couldn't eat my self, One jump and a pack job with enough left for a soda maybe. What pisses me off the most is that it most likely cost several times that amount to process that payment. No stimulation just a further drain on the system. Quote Share this post Link to post Share on other sites
JohnMitchell 14 #2 May 9, 2008 What's with our economy in that we have to be mindless consumers to make our system work? Other than food and skydives, I have just about everything I need. If I had gotten the stimulus, I would have just put it in the bank. Quote Share this post Link to post Share on other sites
Shotgun 1 #3 May 9, 2008 OK, I have to ask.... How many children do you have that you can't feed them and yourself for $36.40 at McDonalds??? I don't think I've ever spent more than $5 to feed myself there. Quote Share this post Link to post Share on other sites
duroejc 0 #4 May 10, 2008 I only have 3 kids- but they aren't happy meal types. Usually the custom delux quiz bang specialty meals with a milk shake. It adds up quickly. Quote Share this post Link to post Share on other sites
Superman32 0 #5 May 10, 2008 It's $36.40 more than I'm getting. I'm getting a big fat "nothing" No gov't stimulus for me, so I guess they are forcing me to stimulate myself Inveniam Viam aut Faciam I'm back biatches! Quote Share this post Link to post Share on other sites
ryoder 1,381 #6 May 10, 2008 Quote It's $36.40 more than I'm getting. I'm getting a big fat "nothing" No shit? That's the same thing I'm getting!"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
Gawain 0 #7 May 10, 2008 How's that possible? I thought the minimum was $300 before it dropped to zero.So I try and I scream and I beg and I sigh Just to prove I'm alive, and it's alright 'Cause tonight there's a way I'll make light of my treacherous life Make light! Quote Share this post Link to post Share on other sites
JohnRich 4 #8 May 10, 2008 QuoteI only have 3 kids- but they aren't happy meal types. Usually the custom delux quiz bang specialty meals with a milk shake. It adds up quickly. Quit catering to their every whim. You're going to spoil them rotten. Then they'll grow up to be gimmee brats that expect everything to be handed to them. Give them a meal budget of $5 each, and tell them that's it. Period. Such lessons will serve them well later in life. Quote Share this post Link to post Share on other sites
shermanator 3 #9 May 10, 2008 well, at least my wife's ring is now paid off. thanks uncle sam. I dissaproved of the stimulous checks, but i can't complain about free money. shoot, i'm surprised that it was not taxed CLICK HERE! new blog posted 9/21/08 CSA #720 Quote Share this post Link to post Share on other sites
DrewEckhardt 0 #10 May 10, 2008 QuoteHow's that possible? I thought the minimum was $300 before it dropped to zero. Nope. They substract 5% of your taxable income over $150K (married joint) or $75K (all other filing statuses) until it drops to zero. Quote Share this post Link to post Share on other sites
billvon 2,384 #11 May 10, 2008 >I dissaproved of the stimulous checks, but i can't complain about free money. That's the problem. It ain't free. It's no more "free money" than the money they give away at payday advance places. Quote Share this post Link to post Share on other sites
AirCav 0 #12 May 10, 2008 That is correct. Like others, I get nothing. Instead of bitching about it, people should be thankful they are so affluent.GW685,D3888,C5052,SCS843 Quote Share this post Link to post Share on other sites
sartre 0 #13 May 10, 2008 Quote well, at least my wife's ring is now paid off. thanks uncle sam. I dissaproved of the stimulous checks, but i can't complain about free money. shoot, i'm surprised that it was not taxed Do you suppose we'll have to report it as income on this year's tax return? Quote Share this post Link to post Share on other sites
shermanator 3 #14 May 10, 2008 I wouldn't be surprised. . even though it is our money, *and the people who made more money than me* money. I'm sure they will find a way to tax it. .. just like how in california they make it near impossible to use a car running off of vegitable oil.CLICK HERE! new blog posted 9/21/08 CSA #720 Quote Share this post Link to post Share on other sites
Broke 0 #15 May 10, 2008 Quote>I dissaproved of the stimulous checks, but i can't complain about free money. That's the problem. It ain't free. It's no more "free money" than the money they give away at payday advance places. This is going to cost future generations a lot more than just 600 eachDivot your source for all things Hillbilly. Anvil Brother 84 SCR 14192 Quote Share this post Link to post Share on other sites
FLJB 0 #16 May 11, 2008 No, it is not taxable. I believe it is designed as a reduction to the increase in social security taxes, like the one a couple of years ago, because they raised the level of income that falls under the Social security wage base, but i might be wrong. From the IRS website: What is it? It's an economic stimulus payment that more than 130 million households will receive starting in May. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return. Are you eligible? The vast majority of people who file a 2007 income tax return qualify, and many who don't regularly file a tax return may qualify as well. You're eligible if you have a valid Social Security Number (SSN), can't be claimed as a dependent on a tax return and have either an income tax liability or "qualifying income" of at least $3,000. Qualifying income includes any combination of earned income and certain benefits from Social Security, Veterans Affairs or Railroad Retirement. Additional information is below, and a full legal description is available in Revenue Procedure 2008-21. Both people listed on a "married filing jointly" return must have valid SSNs to qualify for the payment — if only one has a valid SSN, neither can receive the payment. Not eligible at the current time? If you're not eligible this year but you become eligible next year, you can claim the economic stimulus payment next year on your 2008 tax return. How do you get it? Just file a a federal tax return for 2007, even if you normally don't have to because your income usually doesn't meet the filing threshhold. You can't get it if you don't file. Quote Share this post Link to post Share on other sites
TomAiello 25 #17 May 11, 2008 Quote If I had gotten the stimulus, I would have just put it in the bank. I did get it. It's still sitting in the bank. I wish there had been a check box form where I could have selected "use this money to pay down the national debt instead of sending it to me."-- Tom Aiello [email protected] SnakeRiverBASE.com Quote Share this post Link to post Share on other sites
duroejc 0 #18 May 11, 2008 That's more my point- $36.40, $300, or $1200 won't change my life one bit. I'd rather have the money (AND the cost to process) go to reducing debt. Quote Share this post Link to post Share on other sites
ladyskydiver 0 #19 May 11, 2008 QuoteThat's more my point- $36.40, $300, or $1200 won't change my life one bit. I'd rather have the money (AND the cost to process) go to reducing debt. Then send it back to the IRS and say "Thanks but no thanks."Life is short! Break the rules! Forgive quickly! Kiss slowly! Love truly, Laugh uncontrollably. And never regret anything that made you smile. Quote Share this post Link to post Share on other sites
JohnMitchell 14 #20 May 11, 2008 Quote I wish there had been a check box form where I could have selected "use this money to pay down the national debt instead of sending it to me." You know, they do accept donations.I wouldn't mind paying down the Nat. Debt if they just wouldn't spend it on so many stupid things. Quote Share this post Link to post Share on other sites
headoverheels 291 #21 May 11, 2008 Quote well, at least my wife's ring is now paid off. thanks uncle sam. I dissaproved of the stimulous checks, but i can't complain about free money. shoot, i'm surprised that it was not taxed It was taxed. I paid more taxes so that you could get this. Enjoy! Quote Share this post Link to post Share on other sites
duroejc 0 #22 May 12, 2008 QuoteQuoteThat's more my point- $36.40, $300, or $1200 won't change my life one bit. I'd rather have the money (AND the cost to process) go to reducing debt. Then send it back to the IRS and say "Thanks but no thanks." I could- but I'm sure the logistics of doing so would cost exponentially more than the amount I give back. Quote Share this post Link to post Share on other sites
prepheckt 0 #23 May 12, 2008 Quote >I dissaproved of the stimulous checks, but i can't complain about free money. That's the problem. It ain't free. It's no more "free money" than the money they give away at payday advance places. The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.....oh wait....."Dancing Argentine Tango is like doing calculus with your feet." -9 toes Quote Share this post Link to post Share on other sites
gonzalesna 0 #24 May 12, 2008 I got $600... probably due to that extravagant paycheck I get from uncle sam twice a month.Some people refrain from beating a dead horse. Personally, I find a myriad of entertainment value when beating it until it becomes a horse-smoothie. Quote Share this post Link to post Share on other sites
jtval 0 #25 May 13, 2008 Quote I got $600... probably due to that extravagant paycheck I get from uncle sam twice a month. You too, huh?Yea, I just got a notice saying I should get it by 16 May. I'll take whatever they wanna give me (back).My photos My Videos Quote Share this post Link to post Share on other sites
