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Economic Stimulus what? Free Money?! Sign me up!

Economic Stimulus what? Free Money?! Sign me up!


Wednesday, March 26th, 2008, 6:20 pm

So if you haven’t gotten a letter yet, you will. You’re getting some free money from the Government if you pay your taxes this year. That’s right, the Economic Stimulus Act of 2008. I read some guy’s blog who claimed that this was similiar to 2001, when people got their next years’ tax refunds a year in advance (and were thus pretty mad), so I did some looking, and found the IRS Webpage ESP FAQs.

Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?

A. No, the stimulus payment will not reduce your refund or increase the amount you owe when you file your 2008 return.

Rock on! So Lisa and I should be getting a check for $1,200 back of that $2,400 we paid extra to Uncle Sam this spring. As a good boy, I intend to blow it all per the Government’s instructions! (well, OK, maybe I’ll only blow some of my half, because I’m too much of a tightwad to blow $600.) Let’s see, I can get…

  • BDAG Greek Lexicon ($120)
  • 171 Gallons of Gas (at $3.50/gal)
  • 0.97 credit hours of tuition at Trinity ($615/hr)
  • 20 days’ rent
  • Nintendo Wii ($250) (impossible to find…)
  • Some more Ibex clothes ($ ? - this is actually possible…)
  • A new Graphics card for my computer ($100?)
  • An HDTV tuner for my mac, so I can record Lost in HD ($150)

How about you? Are you going to be a good citizen and try to revive our economy with your extra cash? Just make sure it has a Made in USA sticker on it! (Sorry, shameless plug.)

Oh, yeah, and you better enjoy having cash, because rumor has it that the Government may just raise taxes by 4 times as much as they dole out in rebates. I hope those rich suckers are the ones that have to pick up the extra tab, ‘cuz I can’t afford more taxes!

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