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Chuck Gould Chuck Gould is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 3,117
Default Spending that Economy Booster

On Jan 25, 6:29�am, "Brad Darnell" wrote:
Im not getting one despite paying a higher % of taxes than just about
everyone. I make about 85K and live with my ex wife, the cut off is 75k.
What a joke why does the government seem to hate single people. I also fall
into the alternative min tax ever damn year.



No offense, but if at $85k you are paying a higher percentage of tax
than just about anybody and getting slapped with ATM every year you
need a new financial strategy- or at least a new tax advisor. That's
not a bad salary, but in today's economy it hardly positions you among
the financially elite.

If you're splitting the mortgage or rent with your ex-wife, you've
probably got $800-1k a week to spend after taxes. Giving you $600
isn't going to increase your consumer spending enough to make any
difference.
The family trying to raise two kids while holding down three full time
$18,000 per year jobs (between two people) will be able to actually
make some sort of purchase that would previously have been out of
reach.

If I wanted to get political, I'd observe that the cash is supposed to
"trickle down" in May, historically the peak of the annual gasoline
price rape. If I wanted to get political, I'd wonder whether this is
merely another scheme to transfer more public money to private
companies; something that has been out of hand now for a good many
years.