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| Tax Rebates |
fredg |
05/11/06 |
Hi,
According to the National News Networks, the President of the US, some Democrats, and Most Republicans, are now going to extend the "Tax Rebates" to Americans!
This is trying to replace the National News with something "good", while forgetting about the other things, such as Iraq, $8,000,000,000,000 (YES, Trillion) National Debt of the United States!
These tax rebates would be as follows: forgive me if I'm off a few dollars:
annual income of less than $100,000 = rebate of from $46 to $400 for the year.
Annual income of over $100,000 = rebate of around $3,000.
Annual income of One Million = around $4,000.
Annual income over One Million = $41,000 approx.
The rich get richer, and the poor get poorer. For most of use, it means a little extra gas money, but not too many gallons worth!
If you are earning less than $100,000 per year (which is 95% of Americans!); you will probably get back $46 for the year!
This ploy by the Republics is to get re-elected in November in the United States.
Question: Since the President's approval rating is now down to about 31%, and the Republicans' ratings are below 25%, do you think this ploy will work??
fredg |
Clarification/Follow-up by kindj on 05/15/06 6:39 pm:
>>The Average working American does! (need a tax rebate)<<
I disagree. I plan my family's budget based upon the amount of money I bring home, not how much my salary is. Therefore, we live within the means we have at hand, because our taxes are already figured in ahead of time. It does no good to plan a budget on say 50,000 for example, if in fact you only bring home 41,000. If "working Americans" are smart enough to be working Americans, then presumably they're smart enough to budget on their take-home, not their gross. Therefore, any tax rebate is simply unplanned income. Which is nice, don't get me wrong, but it is not necessary for the survival of my family.
Clarification/Follow-up by fredg on 05/18/06 2:31 pm:
Hi, kindj,
I agree with you that any working American should know the difference between "take home" and not gross pay. I think most do know the difference, including any health care insurance they have to pay out-of-pocket.
I am merely saying that these Tax Refunds, passed and signed by the Pres. to extend them, is more of a Policical thing, than actually helping working Americans.
As the News Networks are now indicating, we are heading into bad times, with the DOW losing more in a week than in many years!
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