Comments on: Personal Tax Breaks in the 2009 Economic Stimulus Plan

By: shane

shane — Tue, 13 Oct 2009 22:14:50 +0000

People who have the contractual obligation of $7500 was offered no incentive for their counterparts who held off to purchasing in 2009 for the $8000 nonrepayable?

Is is me or do those people deserve a break?

By: alex

alex — Fri, 28 Aug 2009 21:55:11 +0000

I reallly mad that I have to pay my 7500 back but if I would have waited 2 months I could have got 8K for free.

By: Sandy

Sandy — Sun, 09 Aug 2009 14:01:00 +0000

I already filed my 2008 taxes then bought a house in May. I amended my 2008 to get the $8,000 now. I was afraid the gov’t might run out so I didnt want to wait. You can amend your 2008 or file with 2009. There are other rules that apply: cant own a house in last 3 years, can’t make over a certain amount of money, and a few others you might want to read on the irs.gov website.

By: Josh

Josh — Thu, 16 Apr 2009 00:21:57 +0000

I agree an extra $11 in my paycheck is not going to do much. It can’t affect tax brackets or any money owed at the end of the year. Your gross earnings are your gross earnings and this is what your bracket is based off of. I don’t agree with taxpayer money used to bailout big business without retrobution. I have a mortgage through a bailed out bank, yet I still have to pay my mortgage when my bank’s debts are forgiven. how does that make sense? Let me reduce my overall mortgage payment and that would cause an increase in my spending on something else.

Personally, I support Obama overall. At least he is trying unlike anything the republicans were doing. His plan is laden with tax credits. I am middle class and do think that those who earn more should pay more. Why should we as a people support a government who was interested only in padding big business pockets like the last regime. Bush could not run a baseball team (Texas Rangers) how the hell did that give him credit for a whole country? McCain was set to do the Bush plan for another 4 years and drive us down even further.

The economy is not a light switch and anyone who thinks it is needs to go read a book on the stuff. A plan now takes time to develop and prosper. Heck, that market has actually shown growth for the first time in years. The market was being driven downward out of fear of policy set forth by republican govern.

I know I am going to hear it for saying this so I will sit back and read what responses are given.

By: Diane

Diane — Tue, 14 Apr 2009 19:14:37 +0000

I just got paid since we get paid once a month. No extra money in my check… I make under the limit amount. Our payroll company is telling us it is because we get paid monthly. I don’t think I shouldn’t get it just because my company decided to pay us once a month. Can I get this money at the end of the year?

By: concerned taxpayer

concerned taxpayer — Thu, 09 Apr 2009 13:53:47 +0000

Ok, so if we get the stimulus of $11 more on our paychecks. What happens when we file taxes for 2009? Are we going to have to pay that back then? I don’t think it is a stimulus if you have to pay for it. Besides that whopping $11 will not even fill up my car. So I think I am going to stick with the old tax tables and continue with the deductions I originally had. I can’t afford to have to pay the IRS $xxxx after a whopping $352 of money back in my pocket ($44×8 mo). Who can? I don’t know anybody who can manage that drastic a change in their budget, except for the government who is playing roulette with ours.

By: Concerned Citizen

Concerned Citizen — Sat, 04 Apr 2009 04:40:03 +0000

I understand that people who pay taxes during the year are seeing $11 more on their paychecks, but what is in the stimulus package for people who are self-employed and get whaled with taxes once a year?????

By: Maria

Maria — Fri, 03 Apr 2009 21:10:17 +0000

Vern, I so agree with you! We, the American consumers are the BEST ones to stimulate the economy. But, this few bucks in my husbands paycheck is not even noticed. It goes towards what I would already buy such as milk and toilet paper!
I don’t know how you can live on what you get from S.S.???? I feel terrible for you!

Here’s what we should remember: We can’t do anything about Obama now. I respect the tea parties, but honestly, does anyone think the Obama Admin really cares? No.

So, what we have to work on is the future. Let’s make sure Obama does not get re-elected. We have 3-1/2 years to work on this! Let’s get someone else in there, can you imagine…..look at all the damage he has done in 3 months. Can you imagine 8 YEARS?
I think all the promises he has already broken, already changed minds of people who voted for him. They say they wish they hadn’t. But, those are mostly the independents I know and hear of. We need to work on the “die hard” Obama supporters. The ones who can’t even say “why” they support. him. Must be his glowing smile.

By: Vern Christopher

Vern Christopher — Fri, 03 Apr 2009 21:01:46 +0000

I am retired and on Social Security (small amount — less than $400/mo). Still, I’m glad I’m not working! What a sham! I have not received my economic stimulus of $250 as of April, 2009! It is supposed to be paid in my Social Security Automatic Bank Deposit! It was not!

Why can the this Administration give away Hundreds of Millons and Billions of Dollars to Banks, Insurance Companies and the Auto Industry with no basic accounting of the monies they received, and the citizens of this country get basically nothing?

Something is very definitely WRONG with this stimulus package!

By: Patrick

Patrick — Thu, 02 Apr 2009 19:33:15 +0000

Savannah, try this: Making Work Pay credit.