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Everything and Anything

A blog about movies, music, money, people and more

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May
11
Posted by Holly

Missing out on the stimulus package?

It seems that many people who are legal citizens of the united states are losing out on rebate checks. The reason why is because they are married to a foreigner. Either they are a solder who married someone they met while out of the country or they are immigrants who have gotten though all of the paperwork, but their spouse did not. Some are even us citizens born here who married a foreigner.

I think this is sad, but something that was overlooked in the battle to fight illegal immigrants getting this money. Personally I don’t think they should get it if they don’t pay taxes. But if you are an immigrant and have filled out taxes in prior years, why shouldn’t you? I know it’s not fair, trust me. I didn’t hit the money limit and I’m a student on top of it so I won’t get one. I won’t even qualify next year because I will still be a student. Apparently students and people married to foreigners don’t spend money. In my opinion most people are not spending it on goods, they are paying off bills and saving it. If they gave this money to a collage student, they would be buying TV’s, Ipods and all the stuff the government wants you to buy. But no they miss out.

I think it’s just too little to late anyway. Even the people who want to save it are just putting it into their gas tanks now. All of our tax dollars are now going to the middle east. If only we had put more into renewable resources that are available in this country, maybe we wouldn’t be seeing this whole mess. At least the gas price part.

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Apr
30
Posted by Holly

Recession or no?

I spent some time reading this morning and I was saddened by some of the things I read. People are selling most of their belongings just to pay bills and keep from losing their homes. Now I’m not talking about replaceable things like a TV or a mp3 player, but things that have been in families for generations. These things they will probably never see again. It’s hard when you have to go though things like this. Losing things that mean a lot so you is hard, I know I have lost many things over the years most of it was destroyed in a tornado that hit the shed I had my things in when I moved back from Texas. I flew back and was going to go back and get my stuff, but then it was too late.

Right now everyone is experiencing that loss and it’s so hard. Yet the president and other government officials think that we are just in a slowdown, what does it feel like to you, a slowdown or a recession?

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Last night in my presentation speaking class one student talked about the fair tax. He pointed out that some people who have a lot of money don’t pay any taxes because they have put it all in stocks. He also stated that having a fair tax would take care of this issue. I found this interesting and looked into it a little more at fairtax.org.

I found that having a fair tax set at 23% would actually provide more income for the government then the current tax system does. Now this tax would apply to retail items and the income tax would disappear. That means you would get more money in your pay check to offset the retail tax.

I like this because I then control how much I pay based on my input into the economy. This would also help with people who are paid cash for work as they too will have to pay this tax. I’m sure there is much more to it then what I have stated here, and I plan on doing more research, but I am wondering what you think of having a fair tax?

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