What do you plan on doing with your tax rebate?

[Sven]

...I'm getting some money from Uncle Sam this year. It all has to do with having a daughter who is an American national.

Does your poor little half-breed (read that with tongue in cheek) file an US tax return?  Because it's US taxpayers who are getting the payment. 

[ippo]

We get tax rebate every December in Finland    or we must pay more tax.

[Sven]

We get tax rebate every December in Finland or we must pay more tax.

That would be a hard choice to make.  Not.

[ippo]

We get tax rebate every December in Finland or we must pay more tax.

That would be a hard choice to make.  Not.

The choice is really yours because you can define tax rate.If tax rate is too small you pay more tax and if it is
too big you get tax rebate.Tax rate is between 0%-60%.
example:You obtain $ 50.000/year tax rate is about 27%.(below $7000  0%    more than $ 400.000 max 60%)
Public health service and education are almost gratuitous therefore taxs are large.

[Barbarian]

...I'm getting some money from Uncle Sam this year. It all has to do with having a daughter who is an American national.

Does your poor little half-breed (read that with tongue in cheek) file an US tax return?  Because it's US taxpayers who are getting the payment. 

She doesn't, but I can if I want...

[Red01]

We get tax rebate every December in Finland or we must pay more tax.

That would be a hard choice to make.  Not.

The choice is really yours because you can define tax rate.If tax rate is too small you pay more tax and if it is
too big you get tax rebate.Tax rate is between 0%-60%.
example:You obtain $ 50.000/year tax rate is about 27%.(below $7000  0%    more than $ 400.000 max 60%)
Public health service and education are almost gratuitous therefore taxs are large.

The tax system in the US sounds similar - we get rebates or have to pay depnding on how we claim to the governmant and how much is taken from our paychecks.  What this topic has been about more than the normal tax rebate, is the "extra" rebate Pres. Bush decided to give us, hoping it will stimulate our economy.

Public health isn't free here and neither is public education beyond 12th grade.  However, our tax rate is lower.  We'll see if it stays that way if we get the "free" health care some folks and candidates want us to have.

[ippo]

Yea,I have red that you have little time of depression in USA.
I hope it is soon over.

[egads1]

I'm visiting the closest bordello.

[banditone1250s]

  Tax Rebate ????????????? Who the hell would let the government keep all that money and draw interest on it while you could be doing the same thing for yourself. It is your money...
banditone1250s.....

[Red01]

  Tax Rebate ????????????? Who the hell would let the government keep all that money and draw interest on it while you could be doing the same thing for yourself. It is your money...
banditone1250s.....

I understand how to keep from getting a REFUND, but the REBATE is not the same thing.

I do let them keep a few buck and draw interest on it... they need the money to gas up those F/A-18's. 
I might have to reconsider that thought process now that they've decided to buy new tankers from Brand X.

[LowRyter]

I owe
I owe
on to work I go....
I owe, I owe, I owe, I owe,
I OWEEEEE
I Owe

   

[mademiriam]

I owe
I owe
on to work I go....
I owe, I owe, I owe, I owe,
I OWEEEEE
I Owe

   

time to get our payroll clerk working for you, I think she secretly hates us and constantly makes payroll and taxation errors. The positive is none of us ever owe.

[joker]

  before you spend your millions  the government isn't telling you that its not a rebate, not a tax relief, however its actual income therefore it will be charged to you when you file your '08 taxes therefore your $300-$600 you receive.. if you do  and i wouldn't hold your breath they'll tax you on it next year therefore the $300 to $600 will probably actually cost us a lot more than we receive.. i mean com'on the government givin us money without a catch... we're not exxon-mobil who received over a 18,000,000 (no i don't have too many 0's) tax break last year..  everyone has us over a barrel(of oil) least thats what they're blaming, it on, we as truckers out here can't stick together... we have a percentage that wants 100% fuel surcharge, we have another group that wants higher freight rates, and another that wants cheaper fuel, everyone fighting for different things... we know we're weaker in small groups as we are as a whole.. ok i've ranted enough... i'd put the $$ in a savings account.. or in an envelope, to pay uncle sam next year... and then spend the penny left on penny bubble gum... well you'll have to steal 4 cents from your piggy bank.. done ranting..

shawn

[LowRyter]

I'd be happy to take $600 off what I owe

 

[Sven]

its actual income therefore it will be charged to you when you file your '08 taxes...they'll tax you on it next year

Not true.  From the IRS website:  Q. Is my stimulus payment taxable?  A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment. In the event you do not qualify for the full amount this year but you do next year, you will need to have the letter as a record of the amount you previously received.

I've been vovcl here about how stupid this whole plan is, and I know that IRS says you must report all income, but this was designed by congress as NOT income.

PS:  "Next year"?  Who said they are doing this again next year?!