If the feds sent you a "tax rebate" check, what would you do with the money?

[swag]

Congress is said to be working with the WH on a stimulus package including "tax rebate" checks of $800 for individuals and $1600 for households (to be paid for by several future generations, of course, along with the rest of the bill for the Reagan/Bush/Bush deficits).

If you got a check, what would you do with the money?

I think I would use mine to pay 2007 income taxes.

If there was any left over, I'd use it to replace my water heater.

Of course I have to do those things anyway. So I don't know that my spending will stimulate the economy.

[MissMillie]

1. probably pay my son's car insurance

he's way behind and about to be shut off.

[lizziegrace]

2. Buy heating oil

so I can set my thermostat above 50 degrees. What's left will be used to repair Lelapin's car.

If a household is defined by me and my student daughter, there might be enough to make a trip to Portland. ;)

Roller Derby! :hi:

[swag]

4. Oh yeah, hell yeah, damn yeah!

And nationals are in Portland this year!

[GreenPartyVoter]

24. Ditto. We're behind on a few bills, so I'd like to catch up a bit on those.

[Wcross]

3. Debt repayment.

I only have 4000 to go & I am debt free (house & everything). FREEDOM!

[greenbriar]

8. how did you do it?

I have read the Total Money Makeover


am really interested in that

[Wcross]

12. I bought an inexpensive house, live frugally.

I found a run down house on 15 acres here in Tennessee that cost me roughly one years gross pay. I fixed it up myself & put it on a five year mortgage. I also had lived in a rental for ten years so I had a substantial down payment.

I didn't follow Dave Ramsey's plan but rather just paid as much as I could towards all my bills. Bonuses, overtime pay and as much as I could out of each normal pay check.

[Fire Walk With Me]

5. If I hadn't been out of work for so long, I'd give it to Kucinich.

[KitchenWitch]

6. Probably renew the Disney passes

Pay some debt.

Buy the table I want from IKEA.

[semillama]

7. Go towards our debt.

It would reduce one of our debts by about 20%.

[no name no slogan]

9. Hookers -n- blow

not necessarily in that order

[racaulk]

10. Donate it to an organization that pisses off the Religious Right.

Probably to Planned Parenthood, or something like that...

[1gobluedem]

25. That was my thought too n/t

[skygazer]

11. Sock it away in my hope-to-go-to-law-school fund

[MrCoffee]

14. You should go. Law school was great.

[alphafemale]

13. I'm still not clear on what they are doing. You get a check even before you file taxes?

In addition to a tax refund? Or in place of the tax refund if due?

And where the hell is this magic money coming from?

[MrCoffee]

17. it comes from next year's taxes...it's an advance.

[RebelOne]

19. That's why I will just send it back to them.

I don't get any refund. I always have to pay, so I don't want to repay the tax rebate on top of taxes.

[CreekDog]

15. Put it in the bank

That's what I did with the last rebate.

[meegbear]

16. I owe my sister $800 - loan to help me buy my condo ...

if it came before my tax refund, she would get it.

Else, booze, cigars, oral sex, etc.

[bikebloke]

18. Sit on it.

Like last time, I'll probably have to pay it back the next tax time.

Plus, spending it, only puts into corporate coffers, which they're hoping.(unless you spend it at a mom & pop)

[AlCzervik]

20. probably make a principle only mortgage payment.

[Tuesday Afternoon]

21. tires for my car, cavity in tooth filled, any left - pay bills.

things I "want" :wtf:


things I "need" more like it.

[guitar man]

22. powerball tickets

:D

[Wcross]

38. Why not?

Hey, it's "found money" you didn't know you would be getting. In my state the money from the lottery goes to college scholarships so it is at least helping someone. If you win, its just icing on the cake. BTW, you might ought to wait until they have an insane jackpot as it is only 20 million now.

[guitar man]

43. yeah, I think I would wait

until the jackpot is in the 200-300 million range.....If I won that, I wouldn't even give a two week notice, I'd just disappear from work never to be seen again....bwahahahaha :evilgrin:

[Wcross]

53. Damn, you are a loyal employee.

If I won 2-3 million I would disappear from my job! The best I have been able to manage so far is 2-3 bucks.:party:

[Parche]

23. I would buy Swag Art....

:rofl: :rofl: :hi:


I would pay off things.....................:hi:

[EnviroBat]

26. Tankless water heater to replace the gas one sucking the money

out of my budget every month.

[SKKY]

27. Since I live in Spain...

...help the European economy one "cerveza" at a time. I've been wanting to get these new Cleveland Wedges for a while, so I'd probably do that. I might also splurge on a box of Titleist Pro V1s.

[pitohui]

28. but it comes out of your 2008 refund correct?

i wouldn't be able to do anything with it, other than find a short term interest bearing account, if i am just going to have to pay it back (or else get no tax refund) in april 2009

the $300 we got early in the dictatorship, those came out of the next year's tax refund and just meant we would have had less to spend on our annual spring vacation if we had spent it on crap

is this proposal one bit different?

$1600 is a lot of cash to waste and then find out later, because our whole vacation budget is usually $2K -- we'd be screwed if we spent this and found out it meant our refund had gone bye-bye

i don't need to take money out of one pocket and put it in the other pocket and then kid myself i'm suddenly richer, that's a way to dig a whole for yourself if you ask me

[Wcross]

40. I believe it was not an "advance" last time.

I seem to recall it was like a retro active tax cut. My tax wasn't increased to cover the 300 bucks I got.

[pitohui]

45. maybe you're right, can't remember that far back any more

i do remember that we somehow got $600 and yet had no net gain but details elude me at this point in time

[Wcross]

50. I don't remember it much either.

I don't remember what I did with it, probably used it to pay bills.

[Maine-ah]

29. buying a hot water heater

would contribute to economy stimulation. By purchasing a HWH, you purchase something from a retailer who purchased it from a vendor, who purchased it from a manufacturer where some guy/gal built it. If nobody bought HWH's these people would be out of business/work.

So, back to the original question. What would I do with the money? I'd pay bills. I think that's where many people are right now. Heating bill, electric bill, mortgage...ect....

[NMDemDist2]

30. pay off the last of Xmas and get some garden supplies for my veggies this year

:bounce:

[Spacemom]

31. Stock up on groceries

We have 2 boys who are trying to eat us out of house and home. High grocery prices have squeezed us to the limit. We get by on one income because I'm disabled. (but not disabled enough to qualify for anything according to SSI, but I digress) It's check to check for us and groceries are killing us.

[montanto]

32. either give it to an illegal immigrant

who I know will send it out of the country, or buy weed.

[billyskank]

33. Piss it away on booze, coke and hookers.

[XemaSab]

60. You're not even an American!

:o

[NoPasaran]

34. I'd spend most of it on beer and women

The rest I'd probably just waste.

[redqueen]

35. I'd pay bills, but I'd spend some on other things...

clothes (haven't bought new clothes in years)... shoes for the kids (they grow so damn fast)... maybe... *maybe* a family trip somewhere.

[bridgit]

36. I'd be improving my position for when the crash follows, I don't know what that means...

But that's what I'd be trying to do

[azmouse]

37. Buy booze.

I'd buy a nice bottle of vintage Champagne to drink next year when Chimpy leaves the WH. :party:

[Initech]

39. Mine will be going toward my Colorado vacation, and to help stimulate the beerconomy.

Specifically this:

http://www.beertown.org/events/gabf/index.htm

[querelle]

41. I'd Send It Back

I don't need charity from the government. I can take care of myself, thank you very much.

Q

[blonndee]

42. I'd put every bit on my credit card

which I ran up due to moving expenses for my new job. :-(

[Wcross]

54. A wise use for "found money".

Remember to check the tax benefits of a move for employment purposes (if you haven't already done so). Some moves are tax deductible. I hope you're enjoying the new job!

[terrya]

44. Pay some bills

[MISSDem]

46. Put it in my savings account so that I

will have the money to pay the tax next year when I have to clain it as income on my tax return.

[radfringe]

47. put towards wood for next winters heating

this year so far so good - almost end of february and have close to 4 cords left... should do us for the remainder of the winter

with my partner being laid off, she's home during the day and that means keeping the fire going. I had OVER estimated how much wood to put up - but that was before her layoff....good thing I did

[Critters2]

48. The last time this happened, I owed the IRS money,

so they kept my check. I keep thinking "I won't get any money", because I didn't last time. But I will this time. And I'll probably just put it in savings. I have three pets on the verge of seniorhood. I'm gonna need all the savings I can get soon.

[dropkickpa]

49. Pay my gas bill

I know I'm going to just puke when I see this months.

[Wcross]

56. I hear ya, this one is going to be a killer.

We had that cold snap, it was exceptionally cold for Tennessee. I am expecting a bill close to 200 bucks this month.

[GOPisEvil]

51. I'm thinking about a new water heater myself.

I might go tankless.

If not the water heater, then laminate flooring in the living room/hall.

[RetroLounge]

52. Last time bush tried this

I gave the check to the Democrats...

RL

[seemunkee]

55. Pay Visa

I charged my son's last semester of school and only had enough money to pay half of it off.

[bigwillq]

57. Pay bills.

There probably wouldn't be anything left over for anything else. :(

[Aristus]

58. Well, the Chimp refuses to pay down The Debt, so I'm going to use mine to

pay down MY debt. There goes your "stimulus", President Shithead!

[northzax]

59. pay my taxes

ironic, huh?

[Fire Walk With Me]

61. On second thought, maybe I'd build a tollbooth.

[EstimatedProphet]

62. It depends on what it ends up being

Because what I have heard about it is - it's nothing more than an advance on income tax rebates. So if that's the case, what's the point? If we get back money we were going to get back anyway, it's really only smoke and mirrors.

That said, I want a new smoker.

[Strawman]

63. Pay off debt

[femmocrat]

64. Send it to John Edwards nt

[Generic Brad]

65. Vacation

That would be a week of fishing in style.

[AngryAmish]

66. Pay a toll in Delaware?

[Javaman]

67. I'd sit on it. I refuse to give into morons* stupidity. nt