Comments on: Tax Rebate Passes Congress

By: Tony Iovino

Tony Iovino — Sat, 09 Feb 2008 18:10:02 +0000

It is not a tax rebate when people who haven’t paid taxes are getting a check.

It is not a tax rebate when not all of the people who have paid tax are getting a check.

It is not a stimulus for our economy when most of the funds will wind up, through Hillary’s friends at Walmart, in China.

It is not a stimulus for our economy in that I thought we had gotten past the old Keynesian theory of deficits stimulating the economy. We already have a $200 billion deficit– how will more debt help?

If we are going to insist on burdening our children and grandchildren with more debt, the least we could do is build or repair some roads, or bridges, or help end our dependency on foreign oil by building more refineries or by slapping solar panels on every flat roof in America– something that will help the next generation.

Anyone receiving this check should know what it is– a welfare check drawn on our children’s checking account.

This isn’t just sour grapes–and on other sites I’ve received a lashing that anyone earning over $75,000 “doesn’t need” a rebate. That’s not the point. If the government is doling out a check based on “need”–then guess what? That’s welfare. And they should have the guts to call it what it is.

Shame on every politician that supports this wasteful giveaway, and shame on every person who cashes the check.

By: don

don — Fri, 08 Feb 2008 21:38:46 +0000

I agree Eddy. Those people who have debt and can’t save money are going to spend the rebate checks which is just what the government is hoping will stimulate the economy.

By: kasey f

kasey f — Fri, 08 Feb 2008 21:31:42 +0000

From my understanding, as long as you earned at lease $3,000 in 2007, even if you didn’t pay any income taxes, you would still get $300. If you paid taxes you would get $600.

By: bree

bree — Fri, 08 Feb 2008 16:47:54 +0000

I am sooo confused. My husband works (+$600) I work at home farming, I don’t get a real check, we mostly eat my production….so do I get $600 or no?

By: Eddy E

Eddy E — Fri, 08 Feb 2008 15:59:46 +0000

Actually, it’s the middle class and the poor who do not know how to spend their money and will end up spending it on products rather than long-term investments? The rich do not need the checks nor will it change their spending habits. The whole idea of this plan (as much as I disagree with it) is to put money in the hands of those who will buy things to stimulate the economy.