Indiana

BROTHER, CAN YOU SPARE A DIME OR $1.64?

By Abdul Hakim-Shabazz

It looks like Congress and the White House have worked out a deal to help stimulate the economy by being considerate enough to give you back your hard-earned money.  But before you get too excited over this economic “stimulus” package you should realize that it isn’t all that much.  Individuals who pay income taxes get $600, couples who file jointly $1,200 and individuals who pay no taxes will get $300.  The checks would arrive in he mail about May.

That amounts to $1.64 a day for individuals and $3.28 for couples.  Pay no taxes and you’ll get $0.82.  Don’t spend it all in one place.  I’m not sure what you can do with $1.64 but I’m sure it involves a vending machine, a cup of coffee or filling the change cup of a homeless person on Monument Circle.

If you’re smart you’ll just write the entire check over to your local government because that’s about the time for you to pay your Spring property tax bill or you can put it towards your reconciliation bill. 

If this is the government’s idea of stimulus, I’d rather go somewhere and stimulate myself.

Full post as published by Indiana Barrister on January 25, 2008 (boomark / email).