Bush's attempt to boost the US economy

Yep i once had some1 on this forum say that there is no law requiring to to pay a dime to them and that is true... however sadly even though there is no law they still win most of the time in court even against the most expensive and powerful attorneys. The IRS gets there money PERIOD. I might work for em some day if i get bored of being a CPA and want some fun work!

The funniest part is the IRS can actually put u in prison for not paying and not filing a tax return! Always file a tax return if ur making any kind of a 5 figure salary. They won't go after u if u owe them like 200 buxx. If u owe them thousands though they will get it. U can't go to prison as long as u file a tax return. If u don't file or u file a fake return u can go to prison. If they can prove u misled them on ur earnings they can put u away for 10 years for fraud. BOTTOM LINE DON'T MESS WITH THE IRS THEY ARE ONE OF THE MOST POWERFUL AGENCIES IN THIS COUNTRY! The richest ppl in this country are afraid of the IRS! Right now they are going after Wesley snipes who will get a year in prison and have to pay the taxes he owes with interest!

its supposed to boost the economy.. they want people to spend it ..

I have heard few different stories.. the above being that the American people
spend ( on whatever) and the other story was to pay off debt.. which such
a small amount of money ( in some cases) wont really do very much to take care
of debt or boost any economy..

I like that we are getting something back, but at the same time dissapointed at
this last resort attempt to boost his good name.. because you are right.. alot more
can be done,, one problem is the outsourcing jobs which has played a major role in
the problems of why our economy is so bad..

It won't boost the economy! Its just appeasing the millions that hate bush for a short time period! Bush is hated by both right and left wings now. Throwing them a few buxx is gonna make them happy. Its really a bad financial idea though. The US is already in so much debt that they need as much tax $ as they can get to pay it off. We are screwed pretty much!

I seriously would throw a party if some1 assassinated bush. He has helped ruin our country financially. He has ruined our reputation. He is a disgrace I could be a better president than him and im 19. Any1 could b a better president than him! He is a super rich lazy kid who never grew up!

Yes, I am.


Yes, I have. 1 year in NJ, 4 years in NYC, and then I bounced among MD, OH and MI for 2 years.


Yes, I am. In addition to the above 8 years if living in the US, while living in Canada I worked full time in Buffalo, NY, 3 years in all, so that's why I wrote that The US was never a paradise but it also wasn't not such a bad country, and that I regret they had to fvck it all up.


I find myself agreeing with you yet again. The fistful of dollars is like giving dope to addicts. Some will make a good use of the money but most Americans are in debt up to their eye balls. The responsible ones will delay their personal bankrupices and the banks will have a bit of an upswing in their stock value upon loan repayments by some.

The token cash will only give many an illusion all is well, while the economy is in fact crumbling.

Oh I know if anything they need to jack up the interest rates so people take out fewer loans! Americans have no idea how to manage $. Speaking dope and addicts i wonder how many americans tax returns are gettin spend on booze cigs and illegal drugs LMAO!

There you go again, Americans have no idea how to manage $. This has nothing to do with general public or the responsibility of an average citizen. The lending institutions are responsible. When the Bank gives you the loan it checks your income, savings etc., and Grants you the loan or Denys it. Based on the information you have provided they make a business decision, and it’s in their hands hence their responsibility. When they issue too many loans that are questionable, it’s also their responsibility. It is those institutions that have granted such a lone in order to make a quick buck, keep the real estate market going and raise the value. Such a shady business practiced is not an exception but the norm. Why not? If the worst happens they will be bail out by the federal governments $ (another words your tax $), meanwhile they are making profit so they have nothing to lose. You on the other hand will be blamed for not knowing how to manage your $, lose your house and pay the tax to bail them out. Have you seen the reports on the real estate values plummeting down? Just a week or two ago there was a buyout of one of the lending institutions. The signs are there already of the shady business practiced if you care to see it. If you don’t know how to make a sound business decision than you don’t deserve to be in business and you deserve to lose it and declare bankruptcy. At the end those institutions will be bail out by the federal government and said it’s all because Americans have no idea how to manage $.

Today’s news on the subject read it.

Its a complicated issue so I will keep it short.

Interest rates didn't cause the problem so interest rates aint going to get you out of it.