The Stimulus Package
Once again, I am p!ssed to the maximum of maximumism. Why does the government continue to treat people who make over $75,000 as rich? They continue to punish citizens who earn over a certain amount of money.
$75,000 is not rich. We pay more taxes and when will file our taxes, we almost never qualify for any of those special tax credits. To someone who makes $10,000 a year, they may consider this as being wealthy, but if you live in Massachusetts and other states, on a salary of $75,000, you go through a wide spectrum of feelings after paying a fee for this, a surcharge for that, and a tax for this…and feelings of being rich is not one of them.
Additionally, single people continue to get treated as third class citizens. If someone opts not to marry or have children or their children may be adults, they receive similar treatment. With this “stimulus” package, specifically the taxpayer rebate portion, this bias needs to stop. Taxpayers in this $75k-$120k income bracket are not outraged? Single people are you mad as h*ll? My gripe.
$600 to $1200 will be rebated. According to NPR:
"The tax rebates will go to some 117 million Americans. Those individuals who don't make enough to pay income taxes will get rebates of $300. The rebates will start to phase out for those who earn more than $75,000 or for couples who earn more than $150,000. Businesses will get tax write-offs that are double what they can take now on new investments, as well as incentives to invest in new equipment."
Phasing out means the more you make over $75,000 up to $120,000, the less you will see at a certain percentage rate. H-i-w-a-y Robbery! This country really needs a flat tax, and 5% sounds good, so that everyone pays the same percent of tax from their incomes. Stimulus Plan Refunds $600 to $1,200 to Taxpayers The deal address the mortgage crisis and there is a Q&A section on this deal in this link, if you have questions.
I am married and have 3 minor children. The stimulus package does not apply to me. Think about how I feel.
AM, It seems like America continues to be determined to punish success and achievement. But because they go by your income, you won't be entitled, even though, you have paid an excessive amount of taxes.
2U