Wednesday, February 18, 2009

Your Piece of the $787 BILLION Stimulus Package



Considering that there are just over 6.6 billion people currently inhabiting the WORLD, and Congress just passed the new $787 BILLION stimulus package, I had to ask myself one simple question... where is my piece????

So here is how we will immediately see some of this money trickle down to us common folk directly:

  • First-time home buyers will recieve an $8000 tax credit that doesn't have to be repaid like the current $7500 credit currently does.
  • $400 to $800 in tax credits ($400 for singles and $800 for married couples)** This is equivalent to a $500 salary increase or $8 a week for the average tax payer! (Woo Hoo for consumer spending!!!)
Check out where the rest of it is going: Stimulus Chart

I have a solution: Give us all a BILLION! (That may not work, but hey... its a suggestion!)

Is this what will stimulate the economy and get us back on track?

Check out some opinions in these related links:
Bill Clinton - 'It's quite a good bill'
GALLUP POLL - Approval Rating




**This is subject to income range as well. Visit article for more details.

1 comment:

Alphonso C. Burks said...

I'm kind of upset that this is not happening fast enough, but when you have to get through all the red tape and legal stuff it will make the payout for this slow.