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At the bottom of the other side of the page, it says, "In addition, individuals cannot recieve a payment if they can be claimed as a dependent of another taxpayer."
And I'm not sure about this, but I don't think we are borrowing this money from china. It just wouldn't make sense....the US dollar isn't backed by the gold standard anymore, so now we can just fire up the printing press and print away. I'm not an economist but that's my take on the whole deal.
We're basically selling China our treasury notes. If we just printed a bunch of money (which we do most of the time) the dollar really wouldn't be worth a $hit. China doesn't mind lending us the money because they know that most of the money is going to be spent in a wal-mart somewhere and make its way back to them anyway.
That's something I've always loved to hate about economics. Countries constantly just print out money, calling it a loan. Who the hell are the paying this loan back to? Debt isn't a naturally occurring entity, it's something conceived by man. I can understand why people need some sort of financial system, with the population as high as it is, a trade based society just wouldn't work. But why do nations need a financial system for trade? Why can't the world's resources all be communal? National debts are a joke. None of that money will ever be payed back to the non existent providers of these "loans".
Gah, I don't even know why I bother thinking about this stuff sometimes.
Maybe if people payed for things in cash we wouldn't be having this problem :[
Another good point. I'm 21 and proud to say I'm probably the only one of my friends without a credit card. It makes some purchases a little harder, especially concert tickets, but I've always found a way around it.
I pay for everything in cash, too, but I'm probably about to get a credit card just to work on my credit rating. Gotta think about these things now...plus, the card companies send college graduates all kinds of offers.
Well, the idea is not to buy anything until you have the money for it, and then pay it off immediately, before interest can build up. I don't spend money I don't have (strictly cash/checks thus far in life). I fear debt.
Besides building up your credit rating, credit cards are still a good thing to have around just in case. For instance, if you happen to be short on money and your car breaks down, it would come in handy.
Besides building up your credit rating, credit cards are still a good thing to have around just in case. For instance, if you happen to be short on money and your car breaks down, it would come in handy.
You never know when expenses will come up. It's not like life is only allowed to send you one $300 problem at a time.
As long as you build up some savings (much more than $300; should be several months of expenses) you will prepare yourself for surprises/emergencies that pop up.
A credit rating is unnecessary if you don't borrow money (the whole auto insurance thing withstanding). The credit industry knows what they are doing and how to take your hard earned money. Stay away from organized (legalized) crime.
Besides building up your credit rating, credit cards are still a good thing to have around just in case. For instance, if you happen to be short on money and your car breaks down, it would come in handy.
That is what savings should be for.
exactly - that is why it is recommended that you have at least 3-6 months worth of living expenses in a savings account
I just did my taxes for this year. I waited to the last moment because I knew I was getting killed this year. I'm a middle class single father with three kids just working hard to get over that hump. Every time I get close, Uncle Sam is there to knock me back down the hill. I paid those pricks 47,000 in income tax this year. You want to stimulate the economy, keep your Quacking 600 bucks and let me keep some of what I make. I guarantee you I will spend it!!!!!!!!!!!!!!!!! I'm just a little pissed right now.
I just did my taxes for this year. I waited to the last moment because I knew I was getting killed this year. I'm a middle class single father with three kids just working hard to get over that hump. Every time I get close, Uncle Sam is there to knock me back down the hill. I paid those pricks 47,000 in income tax this year. You want to stimulate the economy, keep your Quacking 600 bucks and let me keep some of what I make. I guarantee you I will spend it!!!!!!!!!!!!!!!!! I'm just a little pissed right now.
The IRS and the Bush Administration do such and amazingly good job with our wanderful country and you people have no idea how lucky we have it. Bush is amazing. He handled the Iraq war with such grace and the economy, health care......
Dang It! I tried to get all that out but I puked on myself just a little bit at the thought of anyone actually thinking Bush did anything good with his life. Great job Bush, another lost lunch to come back up thinking of you and your wanderful job done.
Post by krunchykat on Apr 16, 2008 10:25:19 GMT -5
I really should use the money to pay some bills, or put it toward my huge mountain of student debt, or put drywall up in my house that I gutted, etc.... but I think I'm gonna use Uncle Sam's handout to escape reality the entire time at Roo this year instead. Not a good choice on how to spend it but I really deserve the vacation!
Post by hibouxdufromage on Apr 18, 2008 20:05:37 GMT -5
Bush: Hey everybody, sorry for fucking up the country so bad. Since I'm headed to go run another company into the ground, why don't ya have 600 bucks? Me: Thanks, asshole. You're still an asshole.
