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Two $800 Questions

Currently congress is debating an economic stimulus package which centers around an $800 (individual) or $1600 (married filing jointly) rebate. The intent being that taxpayers will take this rebate and put it back into the economy.

So we at 60 Second Finance have two 800 dollar questions for you:

  1. What will you do with the $800 of your own money the government is so graciously giving back to you?
  2. If giving back $800 they took in taxes is good for the economy, why did they take it in the first place?

I’ll answer this question for myself in the comments section below. Please leave your thoughts as well.

3 comments

1 Mailguy { 01.23.08 at 11:32 am }

1. I’m planning to spend it on beer and porn!
2. Because I would have just spent it on beer and porn! Duh…

2 Chris { 01.23.08 at 11:37 am }

Having friends is such a blessing (usually)… thanks Mailguy. I’m sure that having my first visitor comment on the site reference both beer and porn guarantees this site is destined for greatness.

3 Texy { 01.24.08 at 10:00 pm }

Did someone say porn?

Now that they have reduced the rebates my big plans are in the toilet along with the Washington politics.

When I heard first heard the news my first reaction was save… Now I am looking at Washer & Dryers, deck for the back yard, a trip somewhere fun. My son will get his $300 to apply towards a trip or bigger ticket item. He will have choices but I consider the money “his” and will seek his feedback on what he thinks he wants to do with it.

I am one of the few that has worked hard to keep up from going into a recession. My negative bank account with all the cool toys and clothes is proof :)

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