We should let all the tax cuts expire but send out $300 stimulus checks per person

[dkf]

For the next two years. This will help the economy right now and will ensure future tax receipts. Moreover it is equitable in that everyone gets the same amount regardless of income level.

[FirstLight]

1. that $300 sounds like a nice idea

but do you realize how many people end up NOT getting their checks?

if you are in default on a student loan, owe the govt money for any number of reasons, you are screwn. (so if you are too poor to PAY, you don;t get squat)
I'm sure the list is longer, but that is my personal experience. I have never received a stimulus check, and have been denied a earned income credit for the past 7 years...not like we *need* the money or anything :rolleyes:

[dkf]

2. Money owed to the Government is the one thing you can't get out of.

Yeah I don't know what to say about that.

[Hawkeye-X]

6. Thanks to Chimp, I owed taxes for a long time

Thanks to Obama's tax cuts, I was able to pay down all of it except $35, which we sent.

Next year we'll get a nice tax refund.

Hawkeye-X

[SOS]

3. $2368.00

Allowing all Bush tax cuts to expire would add $270 billion to Federal revenue next year.
Divide by 114 million households = a refund check of $2,368 per household.

Budget neutral and would aid the average citizen.

[closeupready]

5. Like the suggestion to give $40,000 to each taxpayer rather than the same amount to banks in distres

this idea makes too much sense, therefore, it has no chance in hell of going anywhere.

[dkf]

7. The banks paid it all back with interest.

If we did the same thing we would have to pay back more than $40,000 each. Good luck on that.

[SOS]

8. That's TARP only

The government has spent trillions on bank programs:

http://www.nytimes.com/interactive/2009/02/04/business/20090205-bailout-totals-graphic.html

The banks are now refusing to buy back $1.6 trillion in mortgage-backed securities.
Force the banks to buy back their garbage!

QE2 will add another trillion to bank welfare next year and won't create one job.

[closeupready]

9. Sure, refinance high-interest credit card balances with 0% interest Fed loans? Brilliant.

And good luck with what, with seeing our corrupted Congress pass legislation that puts consumers first? Yes, I am well aware that DC puts corporate interests before the American taxpayer's. Thus, my sarcastic "makes too much sense" comment.

[closeupready]

4. self-delete

never mind

[kentuck]

10. Even to those that would not spend it?

Maybe to those under $50K?

[earth mom]

11. $300 bucks is chump change. They should send out $10K or more to each taxpayer. nt

[pansypoo53219]

12. double it for the poor.

i didn't get that $300 bush gave out. asshole.