2008-02-19T11:44:45Z opencongress.org tag:opencongress.org,2007:/bill/comments/48831 2008-02-19T11:44:45Z tag:opencongress.org,2008-02-19:/comment/963 Anonymous I (Chad Roby) think this plan is so good. 2008-02-15T13:25:59Z tag:opencongress.org,2008-02-15:/comment/901 linus I support this bill...but boiled down, it's not "free" money. It's money already paid to the government. In a sense, you're getting a refund. I'd rather see a tax cut. 2008-02-07T18:19:48Z tag:opencongress.org,2008-02-07:/comment/683 McsVT MRihel, As far as I know, paying bills IS putting money into the economy. There's not some separate bin for bills that doesn't get taxed. Correct me if I'm wrong here... 2008-02-07T22:41:47Z 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. 2008-02-06T15:37:06Z tag:opencongress.org,2008-02-06:/comment/650 Anonymous Billy Azlin: You've got to be kiddiing. People dont avoid work because there is an outside chance that, sometime in the next 100 years, the govt might give them $600/$1200 etc., ONE TIME! You give Libertarians everywhere a bad name! Rockman (Sanford Slabaugh) in Illinois 2008-02-09T13:13:17Z 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. 2008-02-07T22:26:53Z tag:opencongress.org,2008-02-07:/comment/691 Anonymous My husband and I are planning to purchase a home in San Diego. We are trying to understand whether or not the stimulus package will help us. From how I read the bill the conforming loan cap will increase to 125% of the median home price for a given metropolitan area. However, the median home prices seem so variable. Does anyone know a link to a website with the actual median home prices that will be used to determine the conforming rate limit in San Diego? Any help would be appreciated. 2008-02-09T12:10:48Z tag:opencongress.org,2008-02-09:/comment/732 Anonymous Paying Bills IS NOT putting money into the economy, especially if that money is past due. If that BILL is a car payment, or mortgage or other secured debt, then that money was already spent, it's repayment. The bank makes their portion of interest, but the banks are being shorted on so many notes right now, it's not enough to bring all the bad debt current. ALL BAD DEBT BEING BROUGHT CURRENT IS WHAT WILL STIMULATE THE ECONOMY. It is NOT the government's responsibility to pay anyone's bills. The only way this money becomes a economy boost is if it creates profit. A large majority of American's are paying "what they can afford" and neglecting "what they can't". They only way this STIMULATES anything is if EVERYONE uses it to purchase something new, and if the company the purchase it from gets a profit after they write off all their bad debt! 2008-02-09T12:15:59Z tag:opencongress.org,2008-02-09:/comment/733 Anonymous Personally you'd rather wait.....hmmm you are in control of how much money the government taxes you by how much you claim. You are certainly allowed to take what you want on your income and pay the taxes due at the end of the year. If you claim 0 on your w-4 then you allow the government to invest your surplus and gain the interest off of it. So if you sincerely believe that it's better to let the government use your money and make interest on it and not you, that is the problem with this Country...people not understanding how money, taxes, and investing work. 2008-02-08T13:40:05Z 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. 2008-02-03T08:49:32Z tag:opencongress.org,2008-02-03:/comment/596 Anonymous Hmmm, reward people with no job...put a band aid on the booboo... How much 'stimulus' is a grand going to be, a week, or two at most? AND, most of this will be at walmart! THEIR economy will get stimulated, for sure, as will their partners in crime, CHINA! Respects To Those Who Deserve It! VOTE FOR RON PAUL! Billy Azlin 2008-02-05T21:38:12Z 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... 2008-02-06T15:31:54Z tag:opencongress.org,2008-02-06:/comment/649 Anonymous Anonymous single mom. Do the math! $1500 is nothing to sneeze at unless you make over, say, $100,000 per year. Pay some bills, buy something you need but couldn't afford. If you are really tight on money, well, you don't need my help... Kwitchersnivling! Rockman in Illinois 2008-02-07T12:41:52Z tag:opencongress.org,2008-02-07:/comment/676 Anonymous True! $1500 is like 3-4 months of car payments or groceries! I don't think this will stimulate the economy but it will do some good to keep familys afloat that are struggling. 2008-02-09T09:33:06Z 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. 2008-02-08T10:19:12Z tag:opencongress.org,2008-02-08:/comment/700 Anonymous The point some people are missing is that this is NOT free money. The amount you receive will be deducted from whatever overpayment/refund you expect to receive after filing your 2008 taxes. So if you usually get $1000 back at the end of the year you can kiss that goodbye. Up your deductions now if you owe, you'll owe that much more next year. Essentially this is an advance on your anticipated refund for next year. Personally I'd rather wait! 2008-02-08T21:10:15Z tag:opencongress.org,2008-02-08:/comment/714 weasel No, no, you got it backwards. The money is free, of course. Not even taxable. The bottom line is, that if you are eligible, you'll pay $600 (or whatever your amount is) less taxes in 2008 than you otherwise would, and moreover, they are going to send you the check earlier. 2008-02-08T17:25:07Z 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? 2008-04-21T12:01:56Z tag:opencongress.org,2008-04-21:/comment/8650 Anonymous America needs an unemployment extension before this bee sting of a bonus check. 2008-02-15T13:49:20Z tag:opencongress.org,2008-02-15:/comment/904 Librnpa People with a net "earned income" are not the only people paying taxes. Due to the necessity of caregiving to elderly family members I've been living off my savings and investments. Interest and dividends ARE TAXABLE. With no earned income I am still a taxpayer and deserve this rebate as much as any current wage-earner. I am NOT living off a government entitlement.