Tax Rebate Checks

[TJandAnnasMom]

The hot topic on the news lately is the economic stimulus plan. This plan is intended to stimulate consumer spending in order to deter a possible recession. It looks as if there is going to be some sort of rebate check going out to millions of middle and low-income Americans. It doesn't matter if you think that this is a good plan or a bad one. The plan is the plan. Whatever passes, we, as Americans, need to be smart about it. I think that the rebate checks need to be used as a cure instead of a band-aid.  

The point of the rebate checks is to stimulate our economy. What good is a one time check? Is it better to run out a buy a new flat screen TV or a new living room suite? How about using it to help pay the bills for a month or two? What good is spending that money in either of those ways really doing in the long run? None. 

Invest that money. Do what both Robert Kiyosaki and Donald Trump said they would do to get rich if they had to start all over again in the book Why We Want You To Be Rich . Invest in yourself and in your family. Start a home based business. 

Starting a business with the rebate check is smart for so many reasons, here are just a few: 

1. You are going to create that extra income that your family so desperately needs. You will not have to pay extra daycare, or gas, or car maintenance bills. You will not have to go out and buy different clothes to work in. You will not have to miss being there for the important moments in the lives of your loved ones. 

2. The incredible tax breaks. The government is going to make everyone who gets a tax rebate check count it as income on the 2008 taxes. Starting your own business is a tax write off. Use that to your advantage. 

3. The fun factor! Owning your own business puts you in charge of your life. You will be in charge of your time. How many times have you wanted to take a vacation, to go see a ball game, or go out with friends only to find out that you can't get off of work? Take charge of your own destiny. 

I encourage you to Google the economic stimulus plan. Read it for yourself then make an educated decision. It could be the decision that changes your life completely. 

Lora Moore is a devoted wife, mother, and successful home business owner. She has been helping others get started in business since 2005. Click here to learn more about what she does or to contact her.

 

[mommerbean]

Jan. 30, 2008 at 11:54 AM

I think it's a joke, it's Bush's last stab to make himself look like a good guy. 

 If we spend it we only strengthen China's economy, because everything is made in china.

Even $2,000 isn't going to help someone who's mortgage is being foreclosed on.

Unless we get "real" livable wage jobs back in America as soon as the money is spent we are back in the same paycheck to paycheck rut...

Until they make trade "fair" to the US we haven't got a chance!

And, 53% of our income goes to some form of taxes, so this is a spit in the bucket back ! (and you can bet at the same time they raised it in another direction!)

The only thing that will help this economy is a revolution! A total and complete upheaval in Washington, all of the LIFETIME politician who owe their souls to special interest and big business need to be kicked out and REAL in touch American citizens who care about IT"S citizens and country need to take over!

Otherwise....we are screwed and going down the toilet fast!

[mtnmom5]

Jan. 30, 2008 at 4:03 PM

I agree,though, that if we DO get the checks - It's way better to invest it instead of blowing it!!

Wages will not cut it anymore - there is no way to get anywhere while working for 'the other man' - the only way to stand a chance at getting out of debt in our economy is to take the leap of faith and get started in a business of our own!

Of course we don't have the money to invest into a business! - Even the 'big business guys' don't use their own money to invest. They use credit or loans and pay them back from the profits on their business ventures...

So it may be a stupid move on the government's part but let's be wise when we do get it.. They are banking on us blowing it!  Not me!!

[summerbabe]

Feb. 8, 2008 at 1:18 PM that's one of the smartest things a person could do with such a check! great post!

[TJandAnnasMom]

Feb. 8, 2008 at 2:37 PM Thanks for the coments ladies. I personally do not think sending people checks are a solution to the problem either. What I think doesn't really matter at this point. We all have the power to turn this around and make this a solution for ourselves and our families. I just want everyone to think about all of the options out there and be smart about it. I hope this post gets more views, maybe it will make people think!

(Original Poster)

[bmagill]

Feb. 11, 2008 at 10:53 PM Great post, couldn't agree more!  I was asked to do a survey yesterday about my political view, poor girl wished she didn't call after I got thru, lol!  I don't put my trust in any person, at this point the world is too far gone for any of them to make it better!  They will tell us whatever they feel we want to hear.  The only one that can save us is Jesus, too bad we can't stand on the side of the streets voting for him and his heavenly government!  Soon, very soon!