Cheddarblog

So giving back Americans $1500 is suppose to “jump start the economy”?

Boy does this p.o. the Swiss_Mouse.

First off, even people who pay NO TAXES are getting back $300! WHAT IS UP WITH THAT? TOO damn bad. The Swiss_Mouse doesn’t care if it’s unfair. If you didn’t pay in, you shouldn’t be getting it.

Last time they gave out tax rebates the Swiss_Mouse’s aunt started to rant against “evil Republicans” because she was told “only rich people who make more that $35,000 (yeah, $35,000) are going to get the rebate.” Uh no, the Swiss_Mouse explained it was everyone. The problem is she has bought into the philosophy pushed by the Democrats that the rich are stealing all the money and aren’t paying their “fair share”.

Bull, look up the numbers. The other day a guy called to a radio show was going on about this, how the “rich” weren’t paying enough, the commentator then challenged them to tell him how much of a percent each category of tax payers paid out. The caller COULD NOT even guess. The answer is:

86% of taxes are paid by the top 25% of wage earners.

97% of taxes are paid by the top 50% of wage earners.

So why does everyone get at least $300? Beats the Swiss_Mouse.

Secondly, what is everyone going to do to help the economy?

First, what are the Swiss_Mouse’s plans? I’ll buy Cheese! NO, seriously, this is a big anniversary year for the Mice. If it weren’t for that it would go into the Emergency Fund, refilling from the medical spending that took place last year. But since this is a big anniversary year, he MAY spend it on a trip. Ok the Swiss_Mouse does his part for the USA.

But what will others do?

Buy a large LCD TV? (Money goes to China).

Down payment on a new car? (That most can’t afford the debt on or the gas to drive)

Will anyone pay down their debt? (Doubtful)

The Swiss_Mouse just isn’t sure where this money will go, or how a puny (yes puny) $1500 per person is going to help much in the long term.

What are YOU going to do with the money?