Child-credit Tax Rebate

[otterpop]

Yesterday I got my $400 tax rebate for our beloved resident Berserker. I am thinking my wife and I should put the money to good use -- BIRTH CONTROL!! :-D

But I was wondering what the rest of you American parents were planning to do with your governmental largesse?

 

[Richmond Jake]

damn you all, the last 2 digits off my SS # are 98. Mine got mailed yesterday.

 

[kms]

Ours was spent on Catholic school tuition.

 

[SGB]

A surround sound entertainment system to go in our new entertainment cabinet in our new house! (Someone's gotta kick start this economy, dammit!)

Our check should be here within a week or so.

 

[Chet]

No kids, no refund. Frankly, it works for me. Kids cost more than $400 last time I checked.

 

[jordanb]

Bush's trying the ole bribery trick again, eh?

 

[NHPlanner]

I got mine a week or so ago...used it for Kylie's birthday presents.

 

[Wulf9]

An object lesson in kick starting the economy. Retailers report a "bump" from the child tax credit. This was a small part of the tax plan dollarwise.

In most previous recessions, we have put money in hands of those who would spend it - or spent it directly on things that would produce jobs.

The current administration has put that money in the hands of well-off folks who are not likely to spend more and help the economy.

 

[Habanero]

I got mine a week or so ago...used it for Kylie's birthday presents.

dayyyyummmm, I never got that many presents! I wish I could claim my dogs, they're my babies.

 

[kms]

If Wulf9 means that by getting $400 back for each of my kids means that I'm well off, then the economy doesn't stand a chance of improving.

 

[Wulf9]

If Wulf9 means that by getting $400 back for each of my kids means that I'm well off, then the economy doesn't stand a chance of improving.

Bingo.

The hundreds of billions spent on tax breaks for the well-off (and incidentally added to the national debt) are not an economic stimulous program.

 

[Zoning Goddess]

Towards the fridge of my dreams that I finally splurged on recently.