- Joined
- Jun 25, 2005
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- 3,237
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- United States
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- Political Leaning
- Centrist
...and MY plan was to send every taxpayer who paid between $100 and $30,000 in taxes in 2006 (or thereabouts) a $10K credit card expiring in 6 months, that could not be used for cash or mortgage payments. Now, that would have stimulated. But our Fearless Leaders only give money to billionaires, or losers, never to the hard working middle class.
How would you have enforced how people spent there refunds? There are people who find a way to convert their food stamps to cash, so I imagine they would have been able to do that no matter how you tried to prevent it. These are the same idiots who would pay a fortune in tax prep, fees, and "interest" for a refund anticipation loan.
If they "converted it to cash", they still would have spent it. I doubt very many would have gone through the machinations of conversion, lost 20-50% and then made a mortgage payment. So, "mission accomplished".
No they would have done it as quickly as possible before the supply-demand of crack and weed started shutting them out and harshed their mellow.
Read my post again. This only went to tax payers. Most of us who pay taxes don't put all our money into weed. What money we do so with is generally only a small percentage.
Are you doubting my genius?
You do realize that there are people who work just enough to get the max earned income credit as possible, which is something like $5100 already? Care to guess what a great many I know have done with their EIC?
Up in smoke :smoking:
If they "converted it to cash", they still would have spent it. I doubt very many would have gone through the machinations of conversion, lost 20-50% and then made a mortgage payment. So, "mission accomplished".
You do realize that there are people who work just enough to get the max earned income credit as possible, which is something like $5100 already? Care to guess what a great many I know have done with their EIC?
Up in smoke :smoking:
...and MY plan was to send every taxpayer who paid between $100 and $30,000 in taxes in 2006 (or thereabouts) a $10K credit card expiring in 6 months, that could not be used for cash or mortgage payments. Now, that would have stimulated. But our Fearless Leaders only give money to billionaires, or losers, never to the hard working middle class.
How would you have enforced how people spent their refunds? There are people who find a way to convert their food stamps to cash, so I imagine they would have been able to do that no matter how you tried to prevent it. These are the same idiots who would pay a fortune in tax prep, fees, and "interest" for a refund anticipation loan.
You do realize that there are people who work just enough to get the max earned income credit as possible, which is something like $5100 already? Care to guess what a great many I know have done with their EIC?
Up in smoke :smoking:
EIC is not "paying taxes", it's getting free money. My proposal s to give these cards to people who PAID FIT, which is us middle class types that actually produce something. If you got EIC, you didn't pay taxes, you took taxes. So, I think your fears are unfounded.
...and MY plan was to send every taxpayer who paid between $100 and $30,000 in taxes in 2006 (or thereabouts) a $10K credit card expiring in 6 months, that could not be used for cash or mortgage payments. Now, that would have stimulated. But our Fearless Leaders only give money to billionaires, or losers, never to the hard working middle class.
So what? Even crack dealers and pot growers need income, and they spend their income on stuff like food and cars and lawyers, just like everyone else. Seriously. A buck being spent by a crack dealer is just as valuable in our economy as a buck being spent by a teacher or preacher or indian chief.
So, you want to punish those who spend those dollars on stocks.
an interesting idea. here's mine :
every time wall street destroys the economy, a WPA type program goes into effect automatically, and massive public works programs begin. these programs employ those displaced by the economic crash. when the economy recovers, the WPA phases out automatically.
also, no corporation is allowed to get big enough that its fall would destroy the economy. cities don't allow rickety structures to be built which could collapse and destroy everything around them. neither should a nation.
do these two things, and we'll never need another bailout.
So, you want to punish those who spend those dollars on stocks.
Did I say that? I mean seriously, how does my post about crack dealers contributing to our economy end up with a response from you about punishing people who purchase stocks?
A much more logical interpretation of what I said would be something like "so we should give refundable tax credits to crack dealers so they can grow their industry."
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