Tax rebates deal announced - Yahoo! News

News about the New rebate checks to be given out to all



Looks like checks in JUNE!. Happy summer!

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"Madison AnnMarie " 6/13/2008

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How can it be a "rebate" if you don't pay taxes at all? Isn't that simply a government gift?

In any event, it is kind of nice to see our elected officials acting swiftly and together to take action. Certainly not everybody is completely the happy with the end result but that's how it works when you comprise.

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After all these years, I see that I was mistaken about Eve in the beginning; it is better to live outside the Garden with her than inside it without her.

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This is not a good idea. While most people would enjoy the extra money. It is not going to help in the long-term it will only make things worst.
There is 0 money for this. Which means that the US has to borrow money (usually from China) or just print more mone. Flooding the market with more dollars only makes the value of the dollar go down.

I urge people to call your Rep. and Senator and let them know when do not want a "band-aid fix" but real
economic reform.

Taxpayers would get checks under economic stimulus plan - CNN.com

"The stimulus package may face resistance from fiscal conservatives in both parties over worries that it would increase the federal debt. The talks are occurring as auditors report that the federal deficit -- the difference between what the government takes in and what it spends -- is increasing.

The nonpartisan Congressional Budget Office estimated Wednesday the deficit would jump to $250 billion, mainly because of a weakening economy. That estimate does not include any additional spending that would be part of a stimulus package."

Stimulus package: What's in and out

Stimulus package: What's in and out - Yahoo! News

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"Madison AnnMarie " 6/13/2008

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Sorry if this is a repost: it did not want to post earlier SORRY!!

This is not a good idea.
In the long-term it will make things worst. There is 0 money for this. Which means we will have to borrow the money (isually from China) or just print more money, which cause the value of the dollar to go down.

I urge people to call your Rep. or Senator and and let them know that we do not want a "band-aid fix" but want real economic reform.

Taxpayers would get checks under economic stimulus plan - CNN.com
"The stimulus package may face resistance from fiscal conservatives in both parties over worries that it would increase the federal debt. Auditors report that the federal deficit -- the difference between what the government takes in and what it spends -- is increasing.

The nonpartisan Congressional Budget Office estimated Wednesday the deficit would jump to $250 billion, mainly because of a weakening economy. That estimate does not include any additional spending that would be part of a stimulus package."

They may not pay income taxes but they do pay all sorts of other taxes. And they are more likely to put the money back into circulation than more affluent folks are.

As far as them getting along, it's such a strange sight isn't it?

I agree. We shouldn't be giving out what we don't have. But if we are going to give it out, then everyone should get a piece of the pie.

Ok does anybody else find this confusing? I dont understand someone like us DH works I get SSDI (I started working PT this year) one child what rebate am I to be looking forward to getting or not getting?

DO we qualify for the $1,200 working coupke or just $600 for a individual + $300 for a child so we would get what $600 to $1,500 Grrrr they confuse me and we've talked about it work today (tax office ) and we are dreading next year.

What if you are moving or move before they issue the rebate? we have intentions as long as I pay off all the bills this tax season of moving to FL to be with my mom the last week of June first week of July and the money would be great to have, but I fear it would get lost during the move.

Sometimes I hate our lawmakers trying to help us, we'd benefit better if they would find a way to lower the costs of gas, other goods.

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

I think they mean married couples with income. Set up mail forwarding and you shouldn't have any trouble with your check, but it will probably be delayed a little. We moved last fall and I hope either our mail forwarding is in effect, or they get our current address from this year's tax return....

I agree not going to do anything to improve the economy, but I'll gladly take it and pay something else off. Sorry not spending mine on anything.

Maybe they should have given out gift cards?

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"A true friend is someone who thinks that you are a good egg even though he knows that you are slightly cracked." ~ Bernard Meltzer

ok so add me to one of the confused. can someone help me out? my husband works, i stay home with kids. so would that put us at individual since he only works or couple? and also it says for those paying income tax. so does this mean that when we file our taxes and our tax is 0 that means that we only qualify for the 300 credit? we have three children. someone help me figure out what rebate we would get, just out of curiousity. the money will be nice even tho it would prob just go toward bills but on the flip side we'll end up paying for it somehow in the future.
thanks for the help.

jenny

Last time they did soething like this we ended up getting this "rebate" taken off o our tax refund the following year, so it does get paid back.

Gift? It's welfare, IMO. And for those who pay the most to not get anything? Reeks of entitlements.

That's what I seem to remember but I can't find it on any of the tax forms I have nearby. Would help if could remember what year

by all means for all those that don't think it is a good idea when you receive your check in june don't cash it return to sender!

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SAHM of Bailey 12, Tyler 10 , Emily Ann 6, and Ryan Matthew 4 yrs old.

I don't think I will get it (because of income level) but if I do..it will go to Ron Paul's campaign.
But I do have a right to complain... because myself and my children will be the ones "paying" China back for it.

Let me know how happy you are next year when your taxes go up to pay for you"rebate" this year.

Any money removed from the government is fine with me, although the whole "rebate" for folks that don't actually PAY taxes is irritating... really irritating. The less the government has access to the money of us citizens the better, all they do is mostly waste it anyway, either to the people bribing them with campaign donations or to setup their post government jobs.

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After all these years, I see that I was mistaken about Eve in the beginning; it is better to live outside the Garden with her than inside it without her.

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I guess I have the same question. My dh is on disablity but I work. Do we get $1200? Last time they did this we were both working. By the way, if you are on disability you still have to pay taxes on that income. We have extra money taken out of my check because it is earier to do.

I still haven't seen a definitive answer to the question.....

What about the family that files a joint tax return even though only one has an income?
Will this be the individual amount of $600 or $1200 for a couple?

I'm not sure of the answer for married couples who file jointly but only one of you is working outside the home. For the others who were asking, if I understand the reports correctly it goes like this: DH and I both work and pay taxes throughout the year HOWEVER, when we file our joint return, due to our child tax credit for having two qualifying children, we get back everything we paid in. This defines us as not being tax payers (despite paying social security taxes, medicare taxes, property taxes, state taxes, gas taxes, etc, etc, ;-) which means we should receive a $300 rebate. Whether we'll each receive it I'm not sure and I'm not clear on whether we'll receive $300 for each of our children, just the ones young enough to qualify for the child tax credit or not at all. I guess we'll all just have to wait and see. Oh, and we'll join all the rest who will be using any $ we get to pay off debt

How the rebate works - Yahoo! News

Gives some examples of who would get what.

Yes taxes will go up ONLY if a democrat is elected. Also the republicans arn't the ones that was going to be giving this much of a rebate it was the democrats that wanted this. Btw thank you this is the first time a democrat has been giving me money and not taking it out of my pocket. First time for everything.

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SAHM of Bailey 12, Tyler 10 , Emily Ann 6, and Ryan Matthew 4 yrs old.

It was 2001 and it was a NIGHTMARE at work people couldn't understand why their tax refunds were less and we could explain until we were blue in the face about the rebate check being deducted from their refund because we had to in essence pay the goverment back. So many people didnt want to report they received it, but the IRS had a check and balances and system that if you didnt report it , they knew and reduced your refund by it. I am just glad I am doing Customer Service, Appt Setting this year and love it because next year I was going back with this company in FL and doing taxes for this company I am with now and I have now decided no way no how not interested in the drama this rebate is going to cause.

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

You dont know my post office OMG we set up mail forwarding for my dis-owned son when he was kicked out by us and the restraining order and ALL of our mail went to him so we stopped it and just sent all of his mail back to sender it was easier. I would be afraid of what would happen if tried to forward our stuff because we dont have any idea where we will be living down there and will be using a General Delivery or PO Box in my Mom's town. About 2 months before we go we are going to have all our creditors; if we have any but the car payment switch our mail to my foster moms address and she will hold onto our stuff and ship it to us at my moms.

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

Not everybody has to pay taxes on their disability depends on who pays it Company, SSDI , or if its a privately owned disability policy and what the spouses income is, my SSDI hasnt been taxable since 2002 because of my husbands income and I expect with what little I make working this year during my trial work period wont even affect it either hubbys income this year was lower than last year even with a measly 2% raise its just al his pre-tax stuff went up insurance etc so it lowered his taxable income and insurance went up $100 a month again and I fully expect the raise he gets to not cover it and the comunity manager to raise our lot rent by his raise exactly again this year and 2008's taxable income to be less.

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

When my dh got sick, his company did not offer disability benefits. My dh gets paid through social security. The first year we did not realize that he had to pay taxes on it. Then form came months after so we just had extra taken out. I am a teacher( in a private school) so I have decent income. We are new to the disability thing. He just got medicare part A. I have insurance for both of us so we did not buy part B or the meds part.

Didnt they tell you if you dont get the part B when first eligible when he really needs it like when you have no insurance or at 65 he will have to pay a penalty over and beyond the Part B premiums at the time? I opted in even though we had Kaiser when I was eligible and I have been more than happy to keep it I pay no co-pays to the Dr's at all which with bloodtests and vists everyweek can add up.

I found a website and thought I bookmarked it think it was on yahoo that explained the whole rebate fairly well.

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

Re: SAHM and working Husband refund -

It looks to me (according to what I saw at Yahoo!) that it takes the income (if filed jointly) as one entire income for 2 people, so it shouldn't make a difference in the refund amount - you would still get the $1,200. Plus, it looks like $300 for a child.

So, DH and I would expect a "refund" of $1,500.00 - even though I am a SAHM.

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"Yesterday my life was duller, now everything's technicolor!"

The common saying applies here: You can pay me now, or you can pay me later.

We, as Americans, keep thinking we can pay later, and then fool ourselves with something like this (obviously we didn't learn from the last one)

dl

The last time the government did something like this, OUR refund was sent to my husband's ex-wife. I have a huge problem with that. Yes, he owes back child support. (Yeah that happens when your CS is $500 based on $40k annual salary!!) But the point is, these are OUR kids, not hers, so why does she get the refund!! She ends up getting twice as much, and we get zip!!

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Here is an example of the welfare you're talking about - My sister who is divorced from her husband who is now in jail for molesting their daughter - makes about $20K a year. She's going to get a refund when she did not pay any taxes - do you consider her a freeloaded????

analaney, if this happens again, you may be able to recover some of the money. It's called an 'Injured Spouse Claim' with the IRS.

Link: your tax refund

Oh and this was not a sole Democrat venture. Reps on both sides (Democrats and Republican) were for this. And Pres. Bush pushed this too. If he weren't on board with it, it would have surely been vetoed.

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Real eyes...realize...real lies.

I am not slamming your post at all but...... Are those their children? if he owes back child support? I understand your frustration, but if the man does owe back support, she is entitled to that money. Why cant you get the support order modified?? Do you two have children together, that is one reason to get the order modified.

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"Madison AnnMarie " 6/13/2008

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I would guess it's because he owes his exwife for support of their kid(s). Child support can come from anything, a salary, an inheritance, a tax rebate/refund, etc. Nothing is really exempt when child support is owed.

She doesn't really get twice as much since he's behind. She's simply getting a small portion of what she is due. You get zip because he is behind. Too bad you are so bitter about him having to support his kid(s) and even acknowledge he's behind. Makes sense to me with what you posted.

dl

You can file the injured spouse if you worked and filed jointly. I think I read it right. but if you did not work and did not have income, then she gets the check.

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"Madison AnnMarie " 6/13/2008

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I don't know that I would call her a freeloader since this proposed tax rebate is not something she will actively participate in, as in she has no control over this happening.

I do consider it WRONG for anyone who doesn't pay ANY taxes to get any money back! We keep paying people who have kids and those who don't suffer the difference. No one will speak out about this because it's something for the kids and becomes an emotional thing. We can't keep giving and giving and giving and those who make babies, make bills, make bad choices, etc need to be responsible on their own without the government ( at the expense of others) continuing to give handouts.

I am not slamming your sister. I just happen to have a different opinion. I do not think she should be entitled to getting something back she didn't pay.

dl

Actually it depends on what state you live in.
If you reside in a community property state and did not work, you are eligible to file a claim.
Her profile indicates she's in Idaho, and I believe it is one.

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l/ l/ l/
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GROW through life

Real eyes...realize...real lies.

Ok, if she works and pays her taxes. doesn't some kind of federal and state (depending on where she lives) come out of pay checks? then I would consider it as she pays taxes.

But the welfare people who live off it and doesn't pay anything at all, Because they do not have a job, (freeloaders). Let me rephrase that..... lazy , non medical. NON workers, baby-mill people. To lazy to get up and get a job kind of people, should not be entitled to any rebates.

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"Madison AnnMarie " 6/13/2008

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Both my husband and I work, both federal and state taxes are with-held from our paychecks (not to mention social security taxes and medicare taxes) but due to our income level and the fact that we have children, all of our federal taxes are refunded to us just as I imagine her sister has her full federal amount refunded to her since she should qualify for the earned income credit and she has a child. Even though we pay taxes (lots and lots of taxes ;-) since our *federal* taxes are refunded to us, we are considered to be non-taxpayers (in the case of this rebate) and some folks here feel we shouldn't be included in the rebate. Hopefully no one was calling us freeloaders for working and having children but having a low enough income that our federal taxes are refunded to us.

No, I was not calling you at freeloader at all. I hope you do not think I was. I think you and Michgal are entitled to all money that we receive. Just like I feel every working American is entitled . As long as you hold down a job and not the freeloading that was in my previous post.


I do need to explain this I was once on assistance when I was first separated. I held down a full time job, had a house, utilities , etc.

But I needed health care for my kids. It was to expensive for me to have it threw my employer. My dead beat EX , only paid me 50.00$ a month for 2 kids. That didn't even pay the kids lunches for the month (long story). So I held my head high and applied, received the medical card. Only needed help for a year. Got my D-i-v-o-r-c-e and now the scum bag loser is still paying me 50.00 a month .He threatens me everytime I want more support for OUR kids.lol....... we go back to court again next month and his support will be raised to 350.00 .

I am off assistance for 4 1/2 years now. I am remarried and happy. So I don't call everyone a freeloader just those who are not willing to help themselves.

I am not embarrassed at all for having to get help. But I do see everyday in my job, those who totally abuse the system.

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"Madison AnnMarie " 6/13/2008

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I did check about the part B in several places. You don't have to take it right away if you have other insurance. When I am ready to retire or he is 65, I can sign him up for it without a penalty. I have to do it 6 months before. It would costs us $90 some dollars a month. He has doctor's appointments but not as many as 2 years ago. He sees 3 doctors once every 3 months. Our copay is $20 a visit. I am happy to know that all hospitalization is covered because that is what got us before.

I will probably retire in 5 years.

Of course your sister deserves the rebate, the same as every person does if the government decides to give them. All these people complaining about someone getting the rebate who doesn't pay taxes are ignoring the fact that I mentioned before that virtually EVERYONE pays taxes. Right now we don't pay income taxes but we did for well over 40 years. We do pay about 4000 a year in property taxes, we pay personal property taxes, we pay sales taxes, we pay all those annoying taxes that are put on our phone service and probably others as well and it looks like we are not eligible for the rebate. If you don't want to include people who don't pay, whatever you consider a tax, then there should be no rebate for children. They certainly don't pay taxes in most cases. Why should they get a rebate before some one who lives below the poverty level and has to pay sales tax, phone tax, and probably personal property tax, (at least in some state), if they have a car? Even renters are indirectly paying property taxes.

The whole thing is stupid, unfair and will not work. It didn't work last time they tried it and it certainly is just being done to try and convince the public that putting us billions more into debt is a good thing. It's make work for our incompetent congress in the hopes that with the election coming up, we will all, once again, roll over and get our bellies rubbed, then say "Gosh, aren't they great guys!" "We should vote them back into office."

Okay so I am not going to give it back or throw it away but I said it in the last thread and I'll say it again

If this is true it's even worse than creating a deficit to give us the money. This way means that they will have to make cuts in the areas that would have received thses tax dollars. Hmmm what does that mean? Cuts in jobs and cuts in services.

Either way deficit or from existing tax funds earmarked for other things this is a bad idea.

It amounts to either

Deficit way--it's like using a Visa card with a high interest rate to pay your bills knowing your children & grandchildren will have to pay

Taxes earmarked for other things--it's like buying new clothes with your bill money and then having to cut off your cable, your electricity, and your water because you bought the new clothes with the bill money so now oh well you have to go without thses things.

This is what the govt is doing.

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Twice as much? Not if your husband isn't paying his child support, she's not. She's not even getting what she deserves!

Freeloaded (or freeloader, whatever you meant) is your word.

But do I think she should get the federal money when she doesn't pay any federal taxes? No, I don't.

Michgal , I think she if she works then she pays federal taxes right? Then why would she NOT be entitled to the refund?

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"Madison AnnMarie " 6/13/2008

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New information

Rebates could be in your hands by May - Yahoo! News

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"Madison AnnMarie " 6/13/2008

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I think she meant that her sister has all of her federal taxes refunded to her because of her low income and her qualifying child (for the child tax credit). It was Truble who expressed the opinion that it is *welfare* for those of us who get back all of our federal taxes to receive the rebate. Thanks for posting the link to the most recent article - it still sounds a bit confusing but I guess we'll all see what we receive or don't receive when the time comes

We don't qualify for this "rebate" but you are totally right truble. If I qualified for this rebate, I would send it back. Why is our government borrowing money from China so that we can spend the money buying things that were made in "china' . Whose economy are we saving here? If you do indeed get this rebate, the smartest thing (in my opinion) would be to cash it in for $5's and $10's and $20's so that when this country goes into recession, you have theJ"CASH" to pay for your food, house, electric.