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So what will you guys be doing with your rebate checks? I can't even remember what I blew the last one from 2001 on.

Doug

Car maintenance, dental work, and supplements (in no particular order).

I think I made too much to get a rebate, but if I get one, probably home improvements.

Like "Kansan", I don't think I will qualify either, but I would like to do some home repairs, maybe a new road bike, but most likely something for my boys...Yeah, EXTRA money....it's never "extra" if you have kids and a house, etc....

I was thinking of getting a dirt bike or new roller blades and a big bone for my dog of course.

property taxes

thank god i am young and poor!

I'm going on vaca in august, so that will be used for that!

HndsmKansan saidI think I made too much to get a rebate, but if I get one, probably home improvements.

"Too much" How much are we talking about? Hadn't heard there was a dividing line between get and not-get.

I'll likely put it in savings until my trip to Japan so I can spend it there after being fingerprinted like a criminal for being a visitor. It's the American way.

A Republican co-worker thinks I should spend it on American goods to push the economy. But Reagan didn't die so I could support American commerce by being cliche and buying American, did he?

Luckydog76 said
"Too much" How much are we talking about? Hadn't heard there was a dividing line between get and not-get.

If you earn $75,000 ind ($150,000 as a couple) or more, you're unlikely to get one.


If I get a check, I'm getting some bling bling bitches!

Send it to Moveon.org.

...but seriously (copied from the Bernanke post)...

"I'm not a rich man, but in 2001 I gave my $300 tax rebate check to the following:

$75 to the Democratic National Committee
$75 to the Sierra Club
$75 to the HRC

...all anti-Bush organizations, on some level. I couldn't go to Washington and throw the cake back in his face, so I thought this was the next best thing. I don't appreciate someone trying to buy my permission to govern like a total prick.

It was going to be $100-$100-$100 but...

$75 also went to the Red Cross (because they needed help and wouldn't take my homo blood instead).

Anyway, if I get another one of those insulting checks, I'll use it similarly."

Buying some investment in bullion.

Or visit the mall and spend it on goods made in china and southeast asia.

The last time I received one of these tax rebate checks, I spent every last penny overseas just so i wouldn't pump it back into the Bush economy.

Really, this is the most absurd idea. Do they expect that I should be mollified by a $300-$600 check? It's more insulting than helpful.

I earn too much.

I was going use mine to take out a new lease on life, but the land-lord just raised the rent.

We get rebate cheques in Canada. However, I usually owe because I get a lot of freelance writing gigs.

It is going straight to my credit card. Or, if that's paid off by the time it arrives, straight into my savings account.

I don't think I will get one, but if I did...

Maybe something for the Wii?

I don't know that I will get one. I did not get one the last time they gave out rebates. I'm not sure what the requirements are this time. I guess if I do get it, I will probably use it towards home improvements.

Honestly, instead of rebates, I would rather have the government fund mass transit systems in metropolitan areas around the country.

I would rather they just pay down on the damned national debt rather than 'borrowing' even more money in order to give 'rebates'...

I KNOW its only a small drop in the bucket, but...

I'm not a Huckabee supporter by any means, but in the Florida repug debates I thought he had a good idea - rather than rebate checks - how about spending the same money on improving roads. He gave the example of improving I95 which runs North and South through FL.
It's packed with traffic and how many hours and fuel is wasted each day by insufficient roads. Using the money to buy infrastructure improves our economic efficiency and ensures that we buy American concrete, labor and steal with all the stimulus money.

I may see some rebate - it will go toward paying down credit card debt.

I'm doing exactly what Chewey is going to do. Unless I find some hot insider trading info. I should call Martha!

I was planning on using it to pay down credit cards, but a friend needs to have all of his teeth replaced, so I may just give it to him to put towards that.

I know the purpose of the rebate is for us to go right and spend it to help the economy, but screw that. I have debt that needs to get paid down...

Distributed equally among:

Center for Constitutional Rights
Secular Coalition for America
South of Market Health Center

I'm expecting a rebate as large as the last one...

"If you made any money you should be thanking Bush for it right now!"

(no really, that's a paraphrased version of the letter they bothered to PAY POSTAGE on sending me, for my nonexistent rebate).

I make too little to qualify I'm guessing.

I am not so sure that I would give much thought to how to spend a rebate check that I may never receive. I just heard a report on NPR News indicating that the Senate may not be quite as supportive of the idea of rebates as part of a stimulus package.

I have heard it said that the House steps on the accelerator and the Senate (in accordance with the Founders' intents) applies the brake. I suggest that until Pres. Bush signs a bill into law providing for such rebate checks that it is a bit premature to be discussing how rebate checks will be spent. We should not be counting chickens before the eggs hatch.

Having said all this, I would definitely buy several books with any rebate check. I just love to buy books! Some day I might even read all of the books I have bought throughout the years. My problem is that there are so many good books and so little time to read them.

It will go into our new business - since I figure money invested there is more likely to yield dividends than anything else.

I was thinking I'd convert mine to 1 dollar bills and save money on toilet paper, but, then I saw that I wouldn't be getting any rebate afterall. Schmucks!

Pay off some bills

I made to much, hahaha I wish!!!

I dont think that $600 will do anything but, its free money.

I also dont think that this rebate will help the economy at all!!! I heared that if this rebate does not change anything, they might shed out more money. "Just keep it comming".

Im totally saving this money or paying my only credit card to be prepared for a recession. Im not in debt and Im not rich but, im tired of the rich getting richer and the poor getting poor. So make the rich save our country! Stop outsourcing Jobs and lets just get a long in peace and respect

Buy a quarter tank of oil to heat the house. Then again, maybe I'll put it towards the payment of any one bill.

I won't get one but if I do, I will probably take my friends out to a nice dinner.

Going to get a new Bose Acoustic Wave II system.

A full tank of gas!

Maybe I'm behind on this, but how on earth can the Gov. afford to give everybody in America $300-$600! I thought our economy was in trouble?? Is this their attempt to make us go out and buy more? Oh well, this could be a disaster, but I wont refuse the money. I'll probably put it to buying a new car.

Although I will push the legal boundaries by deducting anything and everything possible (Yes, Kitty Litter is a legitimate artistic medium..) Self Employment Tax and the fact that I seldom have withholdings when paid as an Independent Contractor means that come each April 15, I usually end up owing. Sorry, was that too much information?

I doubt if these checks will help the economy, but daddy could use a new sofa.

Doug

eyeland: Well done!

Diver: I don't remember reading that in a letter, but that's unbelievably condescending. I'm convinced the Bush administration thinks we're all very stupid, and that they only want us to get more stupid.

I have a grouchy old bitch for a landlord, so I could use it for moving expenses.

Personally, I dont think this rebate has anything to do with helping americans. This is business' way of promoting business to their own welfare. The money for the rebates will be borrowed from China, added to the debt, and the american taxpayer will have to pay it off. In the meantime, Business gets to aid themselves at the taxpayers expense.

The whole subprime lending fiasco is some kind of scam. Somebody in banking and/or real estate made a bundle and now the banks and real estate are crying to be bailed out. There is no way they thought they could lend money at little or no interest and not have it come back to bite their butts. So somebody saw a way to make a personal windfall before the whole thing collapsed.

I thought the whole concept of these rebate checks was just a joke from the start when Bush gave us the first ones in 2001, short of throwing the money out of air planes all over the country, Bush feels like this is the best way to pump life back into our economy is laughable and sad

Doug

Well, if it passes the Senate and we do get rebate checks, I'll put mine in savings. Hopefully they will realize that extending unemployment benefits, increasing the food stamp program, and investment in infrastructure, what Republican leaders refer to as “extraneous spending,” will help even more.

Well, it only helps if people are going to spend the money on domestic products, services, etc.

Well, I will tell you, this is a real eye-opener for me. Cost of living must be much lower than in the DC area, if you guys can live on under 75 grand.

Love that airplane metaphor, Doug. I prefer to think of Mr. Burns..."Let the fools have their tar-tar sauce!"

Mortgage talk ahead...

Caslon:

I got a 5/1 ARM in '02 at 4.5% (for the purpose of approval by way of a lower monthly payment relative to income). It even went down to 3.5% for a year. But the past couple of years folks I knew were panicking and trying to convince me to switch to a 6.75% fixed, buying into the marketing by mortgage companies who were trying to take advantage of the hysteria.

I just read that 30-year rates are now at a 4-year low. My rate should be going down again...the highest it ever got was 6.125%. Glad I stuck with things.

How the f*ck can one get by in this country without knowing every nuance of every industry they get involved with? Sh*t...even navigating a consumer relationship with Best Buy feels like a temporary second part-time job.

I'm all for capitalism, but please...all this is a huge reason why we're the most stressed-out nation on earth.

Rugger, can you spell d-e-r-e-g-u-l-a-t-i-o-n?

sweet! i completely forgot about my tax refund. thnx for the reminder!

Csrobbie2000 saidWell, it only helps if people are going to spend the money on domestic products, services, etc.

You really really believe that?

ITJock: "I would rather they just pay down on the damned national debt rather than 'borrowing' even more money in order to give 'rebates'..."

good call! Maybe I should spend my rebate on hiring a maid to clean up the vomit I produce thinking about the debt.

Well I have mixed feelings about the whole thing... I live in the most expensive housing area of the country (SF Bay Area) and because my wages are increased to help me actually have a roof over my head I now make too much and fall into the rich category I guess. My spouse and I make over $150,000, which I'm thankful for but it's been hard work and 24 for yrs for each of us at the same job. Sounds like a lot but when the median cost of a house in my area is over $600,000... it goes fast! We also save, budget, and plan ahead...and it seems all we get is passed over for being conscientious and responsible. Oh well, I guess I'm more fortunate than most and I am truly thankful for that...but it's pretty frustrating. To all those who get the money....spend it...have fun....have a beer for me....I'll just be wallering in my home made brew...that I bought with my own money!

One hundred cups of coffee

Seriously if you wanted to help the economy maybe invest it back into the stockmarket, which no one will do because it's in the toilet, until it gets so ridiculously low someone smart will invest and start an investing trend and economic boom all over again.

I've been advised to invest into tabacco companies they were the only stocks to gain in value during the crash, and they're where my parents are keeping their pensions

AMT87 saidOne hundred cups of coffee

Seriously if you wanted to help the economy maybe invest it back into the stockmarket, which no one will do because it's in the toilet, until it gets so ridiculously low someone smart will invest and start an investing trend and economic boom all over again.

I've been advised to invest into tabacco companies they were the only stocks to gain in value during the crash, and they're where my parents are keeping their pensions

lol I love The futurama reference. I'm going spend mine to swim with Mushu the whale that thinks he's better than you.

No actually I'm spending mine on planet tickets for my parents to come visit me.

javaman9999 saidNo actually I'm spending mine on planet tickets for my parents to come visit me.

Planet tickets? I don't think your parents are out of this world now are they? Hehe! j/k

right back to the IRS

ugh, i meant plane tickets.

I am going to buy my little Brother a new surf board.

OwenAndrew saidI am going to buy my little Brother a new surf board.

thats so sweet and noble