The Senate has produced an Economic Stimulus Bill that includes providing rebates to almost everyone earning a paycheck.

I would like your opinion: 

Should individuals earning $150,000.00 per year or couples with incomes of $300,000.00 per year be eligible to receive the rebate?

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Comments:

Mom2t...
Feb. 1, 2008 at 1:22 PM Yup! I think anyone who paid actual income tax should be eligible. Unfortunately what started out being an economic stimulus package is now turning into a redistribution of wealth package. If I hear one more person whine about it not being fair, I swear my head is going to explode, lol.

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Crash...
Feb. 1, 2008 at 1:26 PM I really dont think so.  I really truely believe that people making the 86,000 and below (middle, lower and poverty level) should be intitled.  I believe this soley because these are the people that  this stimulous package will actually help and in the end it will help the economy because these people are the ones being killed by the gas prices the housing crunch shit who can afford a house payment or rent these days utilites are on the rise and food costs.  Therefore giving them a bit of extra spending money will allow them to shop for other particulars other then just the basic essentials.  I really believe people in the 150,000 to 300,000 can afford to continue a life style that already includes extras so the little bit of extra money the goverment is going to hand out isnt going to be a big deal to them.

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ceall...
Feb. 1, 2008 at 1:29 PM Absolutely not.  This stimulus package is supposed to help the "middle class" and just how do they qualify?  They're already spending on whatever they feel like spending on and giving them more money is just taking away from the funds which should go to the people who actually need them.

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Lucas...
Feb. 1, 2008 at 1:29 PM

Does not bother me a bit since those people in those income levels pay a lot more in taxes than the rest of us.  In California 150,000 is not wealthy at all. 

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Della529
Feb. 1, 2008 at 2:24 PM I'm curious about all of the above comments because based on the demographics you all make a good point.  Can we vote this popular to get more input?

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Della529
Feb. 1, 2008 at 3:41 PM

I had hoped this would be a topic to actually talk about.  Apparently, it's only become one to create arguements over this and that.  I apologize.

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Della529
Feb. 1, 2008 at 3:43 PM Maybe the government should just keep it and use it for defense spending.  We're going to need it.

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wendy...
Feb. 1, 2008 at 9:47 PM

Well since it isnt supposed to go to people in need but be a economy stimulator... then yes.  Giving the money to people who are more well off is going to stimulate the economy a little more than giving the money to poor people.. why?

Because a lot of low-middle income families will PAY BILLS with it.  they wont put it back into the economy as planned. But people who dont have bill problems (high income) WILL put it back into the economy.

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ghost...
Feb. 2, 2008 at 2:32 PM

I say no because at 150,000 its not going to make a difference to you if you get it or not. on top of that most people at that earnings range is going to invest it instead of using the moeny to spend like the gov't wants. My own personal observation, the people with money spend less than those who are poor (would explain why they have so much more). Our own clientele who make the big bucks don't care either way, where as those of us who need the money are the ones who really want it. If the cap is taken off, the mid class will become much larger than what it is now and imagine how hard that will be for people to get by. Besides taking the cap away means that our budget deificit will skyrocket as opposed to the original plan. Yea the budget deficit is going to increase either way but do we want it to be worse that what it will be.

On a last note, spending the money on bills does stimulate the economy. Where do you think that money is going to....credit cards. And like alot of people do, once its been paid on the credit card, they take the card out and spend some more. Saving the money or investing it will NOT and that is what most people in the higher end will do. My personal feeling is that because Bush wants to inact this plan is why the Senate wants to mess with it. Has nothing to do with the "fairness" of all taxpayers, it has to do with "we dont like you so once again lets mess with one of your plans".

Thanks for this topic, its refreshing to see something more intelligent being discussed than who is right and who is wrong on religion, parenting, and going to the bathroom (LOL)

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elleinad
Feb. 2, 2008 at 7:41 PM

They pay taxes, they have a right to it. And I feel that if you judge people based on their income, you are no better than judging a mom in sweatpants as "unkempt and poor." Plenty of people who make 150K don't have it as great as you think because they're busy paying medical bills to keep their children on life support. Think twice before you judge.

 

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