Rep. John Campbell, R-Calif., said the message is, "Go buy a flat-screen TV and save America. … We’re sending completely the wrong message here — a message which says, ‘Don’t save, spend.’ "
IMO, the fear of recession is so great that the government is jumping on the bandwagon - one which renforces horrible monetary habits, which is one of the primary reasons for the looming recession.
But, no one wants to be on record as “taking away someones tax gift”
The same people that love this, are the people making <$250k/yr and think that Bush’s tax cuts were phenominal because they include the words “tax” and “cut”.
thing you people don’t look into si the fact, yes go spent it into the economy and tax us a little harder later. spend it now, save a real hard depression and come up with new idea’s\ways to make up for it. a slight recession with money borrowed with good ways to get it back will be better than a bad recession that could hurt us for years
It would a great idea if they were paying for it with 150 billion in cuts. The vast majority of people getting this refund will spend it, which will boost the economy. Unfortunately since we’re just going to deficit spend to pay for it we’re only going to make things worse in the long term.
so its still “up to” 600 or 1200 …for all we know i can get 50 bucks…and are we going to go with the house vote or the senate…??? i think they should give us both :gotme: b/c i found out that if you make 30k more a year buy a 100k house and a 25k car they take away all kinds of money this year for taxes i got back about 6k less then last year and like i said i made more and bought more … I now know why people that make a good amt of money always hate tax time
