2008-03-03T16:30:31Z opencongress.org tag:opencongress.org,2007:/bill/comments/48831 2008-03-03T16:30:31Z tag:opencongress.org,2008-03-03:/comment/2251 jallen_007 Possibly July, hopefully in time to celebrate America's Independence on the 4th... 2008-03-03T16:26:15Z tag:opencongress.org,2008-03-03:/comment/2248 jallen_007 I think it goes along with earned in come from wages, because I know their not figuring in my unemployment for earned income... 2008-02-29T14:15:26Z tag:opencongress.org,2008-02-29:/comment/1880 Anonymous When are the checks going to be sent out???? 2009-01-28T05:49:22Z tag:opencongress.org,2009-01-28:/comment/81171 Anonymous Maybe it's time to get out of the mortgage business. 2008-02-08T12:25:07Z tag:opencongress.org,2008-02-08:/comment/712 Anonymous how does this help the person who is drawing ss disability who workeed all there lives we do still count too and so do the senior citizens who also payed in for many years? 2008-02-09T08:41:17Z tag:opencongress.org,2008-02-09:/comment/737 Anonymous Ahhh, it makes better sense when you explain it. But yep, that is the point I was trying to get across...and that fed refunds are never taxable. 2008-04-21T08:01:56Z tag:opencongress.org,2008-04-21:/comment/8650 Anonymous America needs an unemployment extension before this bee sting of a bonus check. 2008-03-03T16:28:44Z tag:opencongress.org,2008-03-03:/comment/2250 jallen_007 Or you could become a drug dealer and not worry about what government programs to reap your rewards....unless you were kidding...Because sooner or later there gonna seize it all anyways... 2008-02-19T06:44:45Z tag:opencongress.org,2008-02-19:/comment/963 Anonymous I (Chad Roby) think this plan is so good. 2008-02-07T17:41:47Z tag:opencongress.org,2008-02-07:/comment/692 Anonymous 1100 dollars a month unemployment? You complain about this? I lived in Florida for over 17 years, when I left there (about 10 months ago) I was making less than 960 dollars a month . . . working around 50 hours a week. Don't complain about sitting on your ass while making more than that. 2008-02-09T08:13:17Z tag:opencongress.org,2008-02-09:/comment/735 Anonymous Yes, but this is for state refunds…you receive a 1099 – G I believe when you receive a refund from the state. The refund is included in your AGI and the state taxes paid by you are included as a Schedule A item (itemized deduction). The refund/credit we are receiving in the summer is from the federal government…not from the state. 2008-02-08T08:40:05Z tag:opencongress.org,2008-02-08:/comment/708 Anonymous I believe this extra refund will only be taxable to us in 2008. It would pointless to give us the money early and then take it back...how will that exactly boost the economy? So yeah, my understanding is we have to claim it as income on our personal return in 2008. 2008-02-05T16:38:12Z tag:opencongress.org,2008-02-05:/comment/639 Anonymous pushing up the mortgages limits is a very good move...should send a lot of idle buyers off the fence and allow them the right tools to secure a fixed rate mortgage at a low rate...hope it makes it through... 2008-02-09T04:33:06Z tag:opencongress.org,2008-02-09:/comment/726 Anonymous Yeah, I was thinking about this more and if this is truly a CREDIT to us then it will not be taxable (like the phone excise tax credit last year...or any other credit you qualify for). But what you are saying is we will receive $600 in the summer and also pay $600 less taxes in 2008 (essentially receive a $600 credit on 2008 return)? Now that doesn't really make sense b/c then I essentially got $1,200 in credits. 2008-02-28T15:37:48Z tag:opencongress.org,2008-02-28:/comment/1670 moifrey My understanding is that earmarks are not published in the text of a bill. Rather, they are added to the bill just before it's voted on. Tracing earmarks is a difficult enterprise, but the Seattle Times investigative news team did it for one important bill, which took them weeks and weeks of mind-numbing research effort. But it paid off, because now they have an earmark database. Check it out at http://community.seattletimes.nwsource.com/favorfactory/. Look for more communities to follow their lead. Eventually, that information could make its way into sites like OpenCongress, but even when it does, it will be after-the-fact to the bill's passage. Unless things change, that is, and access to the information could just make that happen. 2008-02-13T19:18:03Z tag:opencongress.org,2008-02-13:/comment/855 donnyshaw One of the big questions relating to how effective this bill will be is whether or not people will actually spend their rebate checks. The National Retail Federation just released their results of a survey they conducted on the matter. "According to a new National Retail Federation survey, conducted by BIGresearch, consumers plan to spend 40.6 percent of tax rebate checks when they are distributed later this year, which will provide an immediate $42.9 billion boost to the economy. The survey also found that the $105.7 billion distributed in tax rebate checks will be used to pay down debt ($30.0 billion), saved ($19.8 billion), invested ($4.4 billion), and used to pay down medical bills ($4.6 billion)." "'Tax rebate checks should have the desired effect of both bolstering the economy in the short-term and putting consumers in a better position to spend for the future,' said NRF President and CEO Tracy Mullin. 'This stimulus package is a crucial component to economic recovery and will provide much-needed relief to American shoppers.'" More: http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=478 2008-02-13T19:21:44Z tag:opencongress.org,2008-02-13:/comment/856 donnyshaw Bush's statement upon signing the bill today: "Congress passed a really good piece of legislation, and they did so in a very expeditious manner. The bill I'm signing today is large enough to have an impact -- amounting to more than $152 billion this year, or about 1 percent of GDP. The bill provides temporary tax incentives for businesses to make investments in their companies so that we create new jobs this year. The bill provides individual tax relief in the form of tax rebates. These rebates will amount to as much as $600 for individuals and $1,200 for married couples, with additional rebates for families with children." "The members resisted the temptation to load up this bill with unrelated programs or unnecessary spending, and I appreciate that. I thank the members for acting quickly. I thank them for acting to provide immediate tax relief to the American people." http://www.whitehouse.gov/news/releases/2008/02/20080213-3.html 2008-02-14T17:27:54Z tag:opencongress.org,2008-02-14:/comment/890 Anonymous What if you owe $900 for 2007? Do you file but not include the payment or do you pay the amount due so you can wait for the rebate? It makes sense to send in the income tax figured on the forms and having them send you the $200 to $300 balance. What makes sense however may not be the way the bureaucracy works. Now since the rebates will be taxed as income, would the shortage be classified as a loss? 2008-02-09T04:35:21Z tag:opencongress.org,2008-02-09:/comment/728 Anonymous OK, forgive me. I get the gist of your comment now. You are saying that the $600 is a credit to our 2008 return we are just receiving the money early. It's still early :) 2008-03-09T07:14:36Z tag:opencongress.org,2008-03-09:/comment/2612 heavensmagiclao It is very disappointing to Heaven's Miraculous Angelic Giving Inspirational Child, Inc., that our government spends 42 million dollars on letters about a tax refund, billions in Iraq, and yet the G.I.V.E. Act struggles for acceptance. Heaven's Miraculous Angelic Giving Inspirational Child, Inc. would thrive in a country that embraces the G.I.V.E. Act. Service-Learning has immeasurable value!! Check out "The U.T.O.P.I.A. Project" and discover the power of Service-Learning for yourself. Pay close attention to the U.T.O.P.I.A. System and please listen to the beginning message. http://www.heavensmagic.org If they don't pass the G.I.V.E. Act, "We the People" will have to GIVE more of our tax money for prisons, GIVE more of our tax money for drug and alcohol abuse, GIVE more of our tax money for teenage pregnancy, and GIVE more of our tax money for welfare. The G.I.V.E. Act and a proactive approach seems so much more logical, supportive, and responsible. A vote for Service-Learning and support for Service-Learning will enrich this country, its youth, and its educators. It will also keep more money in your wallet in the long run. When you realize how valuable Service-Learning is, please call your representatives and persuade them to pass the G.I.V.E. Act. God Bless all who support the G.I.V.E. Act! Sincerely, Laura Ann Osterman Founder and President Heaven's Miraculous Angelic Giving Inspirational Child, Inc. http://www.heavensmagic.org