Helping the economy has nothing to do with this bill. This is simply a payoff to Dem supporters and special interest groups. The strategy is that you do this first, because resistance will grow with each big new spending bill. Future bailouts will focus more on “essential” industries, like banking and the UAW because “we can’t allow them to fail.” This is just the downpayment for two or three more to follow...
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In the first step of the tax revolt that is to come,
I would suggest to everyone that they examine their tax returns for this year and see what they’re “getting back”.
Adjust your W4s so that you’re getting “nothing” “back”.
(For each deduction you claim, it’s about $23 per pay period. If you’re getting back $2000, and you get paid 24 times per year, you can take 3-4 (4 you’ll owe, save for it) more deductions)
Here’s the math:
Number of additional deductions = Refund / (23 X pay periods per year)
You can round up one if you save some $$ back to pay it.
“Helping the economy has nothing to do with this bill. This is simply a payoff to Dem supporters and special interest groups.”
Obama said last week that spending and stimulus are the same thing. Therefore, if it doesn’t matter what you spend the stimulus on, you might as well spend it on your friends.