HomemadeTurbo - DIY Turbo Forum - stimulus checks, FUCK THE GOVT.

time to start a coup

they apparently lied to us!

for example i made less than 35k last year but more than 12k

so according to this...

5) Individual with AGI = $12,000, federal income tax liability = $325.
Individual rebate = $325
my "fagulus" check will be 325 ------- dollars :S
OH MY ------- GOD I CANT WAIT THREE HUNDRED AND TWENTY FIVE DOLLARS!!!! ILL START MY OWN ------- BUISNESS!!!!

http://treasury.gov/press/releases/r...20examples.pdf

Quote:

U.S. TREASURY DEPARTMENT OFFICE OF PUBLIC AFFAIRS
FACT SHEET:
EXAMPLES OF HOW THE ECONOMIC GROWTH ACT OF 2008 WILL BENEFIT
AMERICANS
Married with children*:
1) Married couple with two children, wages of $4,000, no federal income tax liability before child tax credit.
Individual rebate = $600
Qualifying child credit = $600
TOTAL = $1,200
2) Married couple with two children, no wages, veterans’ payments of $2,000, social security benefits of
$2,000, no federal income tax liability before child tax credit.
Individual rebate = $600
Qualifying child credit = $600
TOTAL = $1,200
3) Married couple with two children, no wages, no social security benefits, veterans’ payments of $4,000, no
federal income tax liability before child tax credit.
Individual rebate = $600
Qualifying child credit = $600
TOTAL = $1,200
4) Married couple with two children, no wages, no social security benefits, no veterans’ payments, AGI =
$25,000, federal income tax liability before child tax credit = $70.
Individual rebate = $600
Qualifying child credit = $600
TOTAL = $1,200
2
5) Married couple with two children, AGI = $35,000, federal income tax liability before child tax credit =
$1,070.
Individual rebate = $1,070
Qualifying child credit = $600
TOTAL = $1,670
6) Married couple with two children, AGI = $80,000, federal income tax liability before child tax credit
exceeds $1,200.
Individual rebate = $1,200
Qualifying child credit = $600
TOTAL = $1,800
7) Married couple with two children, AGI = $160,000, federal income tax liability before child tax credit
exceeds $1,200.
Individual rebate = $1,200
Qualifying child credit = $600
Phaseout reduction = ($500)
TOTAL = $1,300
Head of household with children:
1) Single parent with two children, wages of $4,000, no federal income tax liability before child tax credit.
Individual rebate = $300
Qualifying child credit = $600
TOTAL = $900
2) Single parent with two children, no wages, veterans’ payments of $2,000, social security benefits of $2,000,
no federal income tax liability before child tax credit.
Individual rebate = $300
Qualifying child credit = $600
TOTAL = $900
3) Single parent with two children, no wages, no social security benefits, veterans’ payments of $4,000, no
federal income tax liability before child tax credit.
Individual rebate = $300
Qualifying child credit = $600
TOTAL = $900
3
4) Single parent with two children, no wages, no social security benefits, no veterans’ payments, AGI =
$20,000, federal income tax liability before child tax credit = $195.
Individual rebate = $300
Qualifying child credit = $600
TOTAL = $900
5) Single parent with two children, AGI = $22,000, federal income tax liability before child tax credit = $395.
Individual rebate = $395
Qualifying child credit = $600
TOTAL = $995
6) Single parent with two children, AGI = $60,000, federal income tax liability before child tax credit exceeds
$600.
Individual rebate = $600
Qualifying child credit = $600
TOTAL =$1,200
7) Single parent with two children, AGI = $90,000, federal income tax liability before child tax credit exceeds
$600.
Individual rebate = $600
Qualifying child credit = $600
Phaseout reduction = ($750)
TOTAL = $450
Married, no children:
1) Married couple with no children, wages of $4,000, no federal income tax liability.
Individual rebate = $600
2) Married couple with no children, no wages, veterans’ payments of $2,000, social security benefits of $2,000,
no federal income tax liability.
Individual rebate = $600
3) Married couple with no children, no wages, no social security benefits, veterans’ payments of $4,000, no
federal income tax liability.
Individual rebate = $600
4
4) Married couple with no children, no wages, no social security benefits, no veterans’ payments, AGI =
$20,000, federal income tax liability = $250.
Individual rebate = $600
5) Married couple with no children, AGI = $25,000, federal income tax liability = $750.
Individual rebate = $750
6) Married couple with no children, AGI = $60,000, federal income tax liability exceeds $1,200.
Individual rebate = $1,200
7) Married couple with no children, AGI = $160,000, federal income tax liability exceeds $1,200.
Individual rebate = $1,200
Phaseout reduction = ($500)
TOTAL = $700
Single, no children:
1) Individual with wages of $4,000, no federal income tax liability.
Individual rebate = $300
2) Individual with no wages, veterans’ payments of $2,000, social security benefits of $2,000, no federal
income tax liability.
Individual rebate = $300
3) Individual with no wages, no social security benefits, veterans’ payments of $4,000, no federal income tax
liability.
Individual rebate = $300
4) Individual with no wages, no social security benefits, no veterans’ benefits, AGI = $10,000, federal income
tax liability = $125.
Individual rebate = $300
5) Individual with AGI = $12,000, federal income tax liability = $325.
Individual rebate = $325
6) Individual with AGI = $35,000, federal income tax liability in excess of $600.
Individual rebate = $600
7) Individual with AGI = $80,000, federal income tax liability in excess of $600.
Individual rebate = $600
Phase out reduction = ($250)
TOTAL = $350