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Old 04-29-2008, 07:08 PM   #21 (permalink)
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We came up with a plan... it involved a hijacked truck, two strippers, and lots of brass...
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Old 04-29-2008, 07:09 PM   #22 (permalink)
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Old 04-29-2008, 11:18 PM   #23 (permalink)
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Don't forget to declare your rebate check as income on your 2008 Tax returns!
Is it really an "accession to wealth" if it is $600 out of the tens of thousands I paid into limbo (interest producing limbo for the Feds) for taxes I would owe at the end of 2007?

Since I already earned the $600, it's still my money, on which I've already been taxed in 2007. I don't declare my 2007 tax refund as part of my 2008 income for the same reason: it's outside the IRC's definition of "income." Though maybe I'm wrong about this and should have been declaring that chunk of change all along? I did rather poorly in Fed Income Tax back in school. Do we have any CPAs or actual tax lawyers on here?

Edit: nevermind, IRS has this one covered, too.

"Q. Is my stimulus payment taxable?

A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment."

Economic Stimulus Payment FAQs: Other Questions
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Air Power Vector... a MAN's gun....... A gun with a report loud enough that lesser players will pee themselves in fright at the massive concussion wave emmited by the stout thick walled barrel of DOOM. A paintball gun fit for Arnold in the original Terminator movie. A gun that'll pump up those pect's of yours to where women will swoon at the raw muscles you'll soon have.

Air Power Vector, for the man that has climbed to the peak and wants to look down on the beaten and defeated opponents left in his wake.

Last edited by John Satclaire; 04-29-2008 at 11:27 PM.
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Old 04-30-2008, 07:39 AM   #24 (permalink)
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Originally Posted by John Satclaire View Post
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"Q. Is my stimulus payment taxable?

A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment."

Economic Stimulus Payment FAQs: Other Questions
Sound like they're still thinking about this one...
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Old 04-30-2008, 07:45 AM   #25 (permalink)
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Sound like they're still thinking about this one...
Perhaps, but they provide a different reason:

"Q. If my stimulus payment is not going to affect my 2008 tax refund or increase the tax I owe next year, why is it I need to retain the letter that lists how much I received?

A. In the event you do not qualify for the full amount on your 2007 return but you do on your 2008 return, you will need to have the letter as a record of the amount you previously received. [New 4/11/08]"
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Air Power Vector... a MAN's gun....... A gun with a report loud enough that lesser players will pee themselves in fright at the massive concussion wave emmited by the stout thick walled barrel of DOOM. A paintball gun fit for Arnold in the original Terminator movie. A gun that'll pump up those pect's of yours to where women will swoon at the raw muscles you'll soon have.

Air Power Vector, for the man that has climbed to the peak and wants to look down on the beaten and defeated opponents left in his wake.
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Old 05-01-2008, 09:31 AM   #26 (permalink)
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Ok guys, do your part....go out and spend spend spend spend!!!
I am... and I did. I've already paid off my Visa so no need to worry about that. I have a good bank saved up in case of emergency. So financially I'm secure.

And with that I have about 90% of my AR15 purchased


Spent some of it at a local shop to support their business, plus that's where I buy all my ammo. However they're not exactly the sharpest of the bunch. They push DPMS heavily. And I'm just not a fan of that equipment. So having them order a Stag Arms lower, even ordered a Magpul rps stock from them. But the uppers got a Model 1 16" elsewhere. Now looking at handguards and grips to complete it. No sights I'm staying with standard iron sights for the first few months. Gotta be good with iron sights at a minimum. Anybody can hit their target if there's a big black + on it. But in the emergency situation that the scope decides to break a lens you better have trained with irons.

If any is left over I'll probably buy a Romaniam AK. That'll be good for my SHTF situations.
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Old 05-01-2008, 04:41 PM   #27 (permalink)
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I've been thinking of it as the 'palmers stimulis package' more than anything.
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