How To Make Money Blog

The IRS is not in the business of making profit. Our country itself is drowining in debt and the tax rebates that are propsed for the stimulus package will actually be borrowed from countries like China, so we will end up paying back this "free money" over many years with interest. The whole thing is just another smoke screen to make us believe that our government actually has even a little bit of control over the US economy.
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If the give out 150 billion dollars, then if it is all spent by people who pay 5% sales tax you would generate around 7 billion 500 million dollars – thats $7,500,000,000

100 billion dollars @ 5% sales tax would generate 5 billion dollars in sales tax.

then you have to consider the corporate taxes that will be paid on the money if it is all spent. And you will have taxes generated by the peoples income of those who work for companies that make the things people will buy. But most of that goes to china so not a lot there. ??

And it will only cost taxpayers 100+ billion dollars – they cant pay for the war – how they gonna pay for this.

Print more at the U.S. mint.

As for whether or not it is taxable – if people don’t remember, Bush did this earlier in his presidency and it WAS taxable or was considered a advance on any taxes paid the following year. One thing you can be sure of is that there is no such thing as a free lunch. WE will pay for the governments lack of responsibility with money.
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Why don’t they just let us pay less taxes this year instead of charging the taxpayers the cost of turning around and cutting checks for millions of people? envelopes, paper, printing, etc.. the question is, how much money will the U.S. postal service make?
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