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Economic Stimulus Payment
This year, taxpayers will receive an Economic Stimulus Payment.
This is a very exciting new program that I will explain using the Q and A format:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. To improve consumer confidence, and get people to start buying things again.
Q. How does this help the economy?
A. When consumers are buying things, then businesses have to employe more people, thus ensuring the continued flow of payroll taxes and other taxpayer money to the government, so they can distribute more taxpayer money.
Q. Am I allowed to save the money into a bank?
A. You are legally allowed to do so, but if you do, you are a Bad American because you're not stimulating the economy. If the government could figure out a way to make saving illegaly, they'd do so. Already, the US government is the only one that taxes earnings on savings.
Q. What things does the government predict people will buy with the stimulus money?
A. The government predicts increased sales of high-definition TV sets, new computers, video games or other consumer technology.
Q. But isn't that stimulating the economy of China ?
A. Shut up.
This year, taxpayers will receive an Economic Stimulus Payment.
This is a very exciting new program that I will explain using the Q and A format:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. To improve consumer confidence, and get people to start buying things again.
Q. How does this help the economy?
A. When consumers are buying things, then businesses have to employe more people, thus ensuring the continued flow of payroll taxes and other taxpayer money to the government, so they can distribute more taxpayer money.
Q. Am I allowed to save the money into a bank?
A. You are legally allowed to do so, but if you do, you are a Bad American because you're not stimulating the economy. If the government could figure out a way to make saving illegaly, they'd do so. Already, the US government is the only one that taxes earnings on savings.
Q. What things does the government predict people will buy with the stimulus money?
A. The government predicts increased sales of high-definition TV sets, new computers, video games or other consumer technology.
Q. But isn't that stimulating the economy of China ?
A. Shut up.
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