by Robert Wollenberg » Sun Jan 20, 2008 1:48 pm
They get it right back again anyway. they send that money out to the people. Us little guys run out and spend it ... taxes go back to the government. The taxes you paid for the product, and the taxes the business owner has to pay for the income on the product. Then the business owner who not only got his own tax refund, also gets the dollars from the people who spent it. He in turn expands his business and/or hires new employees. Now you've got a jump in unemployment, and newly employed people who will take that money and spend it. and, by the business expanding, the owner of the business will also be paying more taxes. And so on, and so on. So, they will get the money back, and it does boost the economy in the mean time. The only way they wouldn't get it back is if people cashed their checks and tucked the money away into a shoebox. Even saving or investing it, they government has their hands in those pots too. While your money sits in an account earning you .5%, it's being invest at 5 or 6 percent. And who do you think gets that money? lol. So you see, they're going to get it all back, and the economy gets a little boost besides.
They get it right back again anyway. they send that money out to the people. Us little guys run out and spend it ... taxes go back to the government. The taxes you paid for the product, and the taxes the business owner has to pay for the income on the product. Then the business owner who not only got his own tax refund, also gets the dollars from the people who spent it. He in turn expands his business and/or hires new employees. Now you've got a jump in unemployment, and newly employed people who will take that money and spend it. and, by the business expanding, the owner of the business will also be paying more taxes. And so on, and so on. So, they will get the money back, and it does boost the economy in the mean time. The only way they wouldn't get it back is if people cashed their checks and tucked the money away into a shoebox. Even saving or investing it, they government has their hands in those pots too. While your money sits in an account earning you .5%, it's being invest at 5 or 6 percent. And who do you think gets that money? lol. So you see, they're going to get it all back, and the economy gets a little boost besides.