tag:blogger.com,1999:blog-35412245.post824013680678942454..comments2023-08-15T06:03:09.711-05:00Comments on Riding on in the Friscalating Dusklight: Generational TheftJon Vander Plashttp://www.blogger.com/profile/17524790609689760368noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-35412245.post-32267595280602968622009-02-17T23:13:00.000-06:002009-02-17T23:13:00.000-06:00Rick, exactly right- spending does not equal stimu...Rick, exactly right- spending does not equal stimulus. A lot of the spending will encourage people NOT to work - the welfare provisions, unemployment, etc. <BR/><BR/>Kyle, your idea, while outlandish, is better than Obama's. I would move there - no state income tax, great weather, plus maybe they could adopt the US Constitution and actually follow it.Jon Vander Plashttps://www.blogger.com/profile/17524790609689760368noreply@blogger.comtag:blogger.com,1999:blog-35412245.post-77944551302939422502009-02-14T22:15:00.000-06:002009-02-14T22:15:00.000-06:00I think we should sell Florida. It has to be worth...I think we should sell Florida. It has to be worth trillions and if global warming continues, it is supposed to be under water soon anyway. That's my stimulus idea.Kyle Hommeshttps://www.blogger.com/profile/07394181914537428312noreply@blogger.comtag:blogger.com,1999:blog-35412245.post-666868686908439872009-02-14T18:08:00.000-06:002009-02-14T18:08:00.000-06:00All good points-upon reading portions of the bill ...All good points-upon reading portions of the bill (unlike those who passed the bill), I had to chuckle at most of it. "Making Work Pay Credit" provides individuals with a $400 income tax credit (sometime in 2010 when you file your next years return). "New American Opportunity Tax Credit" allows one to claim up to $2,500 income tax credit for qualified tuition in 2009. Subject to change based on an upcoming study by Congress, that may require students to perform community service as a condition of taking their tuition credits. "First-time Homebuyers Credit" provides $8,000 to a new first-time homebuyer, phased out at income over $75,000; who have not owned a home in the last 3 years. (Has congress heard that banks are not offering more loans to low-income families whom would not regularly qualify for a home.)<BR/>My personal favorite: "partial exclusion of unemployment compensation" under the recovery act up to $2,400 of unemployment benefits are excluded from gross income as well as extending the benefits. (More motivation to get back to work) All of these credits are planning pointers upon completing your 2009 return sometime in 2010. I am sure this will spur on the economy in the near future.Anonymousnoreply@blogger.com