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Congress Passes Stimulus Plan!

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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".
 
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 ..
 
Now every American will have a big screen LCD tv.
 
Don't forget that it's taxable income.It doesn't get any dumber than this..
 
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.
 
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.
 
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.
 
So can I buy a car this year for my business and write the entire thing off this year?
 
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