Tax Rebates? What does this mean guys?

[IamDeMan 5,000+ posts]

Fucking President Bush and his god damn policies. Why is he always giving me money?!!?!! //content.invisioncic.com/y282845/emoticons/mad.gif.c18f003ab0ef8a0d9c27ca78d77a6392.gif

He's wack

Watch. The mexicans are going to sue because they don't get a return since they don't file for taxes.

indeed

Shit. Didn't read the part about the cap. //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

no check for joo. They should take into account cost of living for the area one lives in as well. Your salary doesn't have the same affect in that shitty state //content.invisioncic.com/y282845/emoticons/tongue.gif.6130eb82179565f6db8d26d6001dcd24.gif

People that are having financial difficulty shouldn't get shit but a smack to the back of the head.

w3rds n shit.

 

[IamDeMan 5,000+ posts]

if they were really concerned about stopping a possible recession they should put a cap on gas prices.
i dont care how many times youve heard it but there is no reason exxon/mobile and all those businesses should be allowed to make~60 billion dollars in profit that they do. the price of oil and gas is the main problem for the economy. and we do not have a shortage of oil, if we did there would be gas station out of gas and people wouldnt be able to get heating oil for thier homes and all that good stuff. my dad was a roughneck in the 80's when we really started turning to other nations for oil and he on many occasions has told me about all the oil wells he capped in JUST texas that still had oil in them....

even if they give out this money, where is it coming from? how many billions/trillions of dollars is our nation in debt already? its just going to be a quick fix, most people will probably go out and blow it on some random shit...like i plan on doing....

Who the **** are you or the government to be able to say how much a company should or shouldn't make? Is it their fault that we are so dependent on it that they can keep raising it and we will keep paying it?

 

[Flipx99 5,000+ posts]

Then the US should call out the media for being stupid bishes.

Just like celebrities, the govt and media have a symbiotic relationship.

//content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

 

[04_edge 10+ year member]

They already tried this and rent control in the 70s. That worked out real well. //content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif
Why do you think companies should limit their profit taking. What if they decided to quit selling gas to America because of your proposed penalties.

i have no problem with any company making a profit, but when that profit is the partial cause of our economy's downfall...thats when i have a problem...do you remember when oil was ~50-60 dollars a barrell and gas was 3+ dollars a gallon everywhere? and now oil is 90+ a barrell now yet its less then it was then...can you please tell me why that is?

 

[Flipx99 5,000+ posts]

Who the **** are you or the government to be able to say how much a company should or shouldn't make? Is it their fault that we are so dependent on it that they can keep raising it and we will keep paying it?

Because he is a socialist idiot I guess. If I was at home and could post a picture, it would take 3 seconds to show him how that doesn't work.

 

[Tiger Bass 5,000+ posts]

Joe Nacchio stole money from Qwest while he was the CEO? (CFO? Some executive).
Stock pre-nacchio- somewhere around 50-60.

Stock post-nacchio- somewhere aroudn 5.

yes. It is the middle classes fault.

CEO's who in all actuality steal money do get punished. They don't always get caught, but not everyone who gets caught robbing a bank does either. There are a surprising amount of restrictions in place to prevent white-collar crime that you are unaware of.

And //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif, not all CEO's are born into money. They got their hustle on just like everyone else and did a lot better at it. Warren Buffet began investing before he was 12.

 

[duece212 5,000+ posts]

More money then i have now without doing anything = free to me.//content.invisioncic.com/y282845/emoticons/veryhappy.gif.fec4fed33b4a1279cf10bdd45a039dae.gif

I paid $9,443 in federal taxes last year. I don't consider getting 3 to 600 of it back as free money, especially knowing more will come out of my paychecks later to make up for it.

 

[04_edge 10+ year member]

Because he is a socialist idiot I guess. If I was at home and could post a picture, it would take 3 seconds to show him how that doesn't work.

please explain then. i dont need a picture.

 

[Flipx99 5,000+ posts]

i have no problem with any company making a profit, but when that profit is the partial cause of our economy's downfall...thats when i have a problem...do you remember when oil was ~50-60 dollars a barrell and gas was 3+ dollars a gallon everywhere? and now oil is 90+ a barrell now yet its less then it was then...can you please tell me why that is?

The gas companies are accepting lower margins is a partial answer. I can elaborate on other answers if interested.

 

[audioarsonal 10+ year member]

The real problems started when outsourcing started.NAFTA and all the trade agreements with foregin businesses ruined it for the working american who is the one that keeps the economy running.Then you got all the CEO's that are making 1.2 million dollar bounes for cutting costs and the cost the cut where the american workers they paid a living wage to and hiring illegal's.That on top of all the kids that think they should come into a job making $14 or its not worth there time.Everyone just wants a handout and thats what the government is doing!

 

[2002XLT 5,000+ posts]

I paid $9,443 in federal taxes last year. I don't consider getting 3 to 600 of it back as free money, especially knowing more will come out of my paychecks later to make up for it.

But surely you realize that you were never going to see all that 9500 back? And also you must realize that our taxes will go up anyway, whether sooner or later. So to me, this is still free money. Money i wasnt expecting to ever see again = free money. //content.invisioncic.com/y282845/emoticons/veryhappy.gif.fec4fed33b4a1279cf10bdd45a039dae.gif

 

[Flipx99 5,000+ posts]

please explain then. i dont need a picture.

The demand for oil/gas/etc is relatively inelastic, that means the demand changes little with the price, but not totally...for instance if you were planning a trip, would you delay the trip if gas was $2/gal vs. $4/gal? So as price decreases demand *somewhat* increases. We buy less fuel effecient vehicles, take more trips, and basically use more fuel in discretion.

The supply of oil is finite and controlled by OPEC. What happens if demand for oil exceeds the supply? Price increases until the two are equalibrium. Well if the price is capped, we continue to demand until supply is exhausted. We essentially run out of gas. That happened in the 70s. The demand for fuel exceeded the supply, and we experienced a fuel shortage.

I scanned through and this seems like a decent article:

http://en.wikipedia.org/wiki/Price_ceiling

 

[duece212 5,000+ posts]

But surely you realize that you were never going to see all that 9500 back? And also you must realize that our taxes will go up anyway, whether sooner or later. So to me, this is still free money. Money i wasnt expecting to ever see again = free money. //content.invisioncic.com/y282845/emoticons/veryhappy.gif.fec4fed33b4a1279cf10bdd45a039dae.gif

If the government is butt stuffin you and takes a step back for a second for a breather, only to continue packin it in again, you have to realize your still gettin fukd.

I see this as money that was mine to begin with, and even if I get it back temporarily it will be paid back to the government in time.

ps...I'm a pessimist