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Congress Passes Stimulus Plan!

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OSU Beavers

Elite Member
Joined
Jan 10, 2007
Professional Status
Licensed Appraiser
State
Oregon
Good for seniors, they got left out last time. Looks like my folks will get an extra $300 this spring, which is nice because they are "on a very fixed income".
 

airphoto

Senior Member
Joined
Jan 15, 2002
Professional Status
Retired Appraiser
State
Pennsylvania
Last I looked, this scheme was only an advance against next year's tax liability. Thus, if you owed $1,000 this April, all things being equal you'll now owe $1,600 next April. It's not a gift, just an advance against next year's liability ..
 

JTip

Elite Member
Joined
Oct 12, 2004
Professional Status
Certified Residential Appraiser
State
Pennsylvania
Now every American will have a big screen LCD tv.
 

Greg Bell

Senior Member
Joined
Jul 7, 2006
Professional Status
Gvmt Agency, FNMA, HUD, VA etc.
State
Louisiana
Don't forget that it's taxable income.It doesn't get any dumber than this..
 

Caligirl

Senior Member
Joined
Jan 27, 2006
Professional Status
Certified General Appraiser
State
California
Don't forget that it's taxable income.It doesn't get any dumber than this..

:rof: No-one ever accused this administration of being geniuses, and that goes for congress and the senate as well.
 

nauthead

Senior Member
Joined
Nov 26, 2004
Professional Status
Certified General Appraiser
State
Florida
This bill is named incorrectly. It should be the incumbent protection act of 2008. Nothing like passing out a few bills right before an election.
 

Workbox

Elite Member
Joined
Mar 2, 2005
Professional Status
Certified Residential Appraiser
State
Colorado
This bill is named incorrectly. It should be the incumbent protection act of 2008. Nothing like passing out a few bills right before an election.
You got that right buddy! I'm going to blow mine in a good savings account.
 

Stephen J. Vertin MAI

Senior Member
Joined
Jan 17, 2002
Professional Status
Certified General Appraiser
State
Illinois
So can I buy a car this year for my business and write the entire thing off this year?
 
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