Whatcha gonna get?

[venchka]

Announced today as part of the Economic Stimulus Plan.

Breaks for Business

The package would allow businesses to immediately write off 50 percent of purchases of plants and other capital equipment and permit small businesses to write off additional purchases of equipment.

Throw in the $1,200 per working couple tax rebate and you could get some new gear.

[kenw]

call me a commie, but our's is going into the savings....altho a special contribution to the 401k is under discussion at the moment.

company bonus is already allocated to a new lens however.....

[kenmyers70]

This will pay nicely for my backpacking trip to Alaska

[venchka]

Originally Posted by kenmyers70

This will pay nicely for my backpacking trip to Alaska

The perfect use.

[Mike G]

Down payment on a 2009 Alaskan cruise

[kenmyers70]

Originally Posted by venchka

The perfect use.

Why yes it is. I was already planning on going, but this helps. Now I just need to figure out which equipment to take...

[Al Buckner]

Just wait until you see all the 'qualification' rules that the IRS will use to 'administer' this great windfall we are all expecting.

Eventhough my wife and I pay taxes on our 'non-working' income, now that we are retired... bet we won't get a dime because we have no 'working' income.

Remember, the government is geat at political double speak (both Democrats and Republicans).
--- not to start any forbidden political discussion ---


But a new D300 sure sounds tempting, if I get more than a dime!!!

[ndsimm]

Sorry to say but the wife and I worked too hard and made more than $150K so we get zip...

[Dobick]

the business part is probably not going to effect me, but if there is any extra on the taxes this year , it will go some towards debt, and I think I would like some pocket wizards. remotely firing a camera seems cool!

[darktiger]

This will be my spending money in Italy...

[BWDPhoto]

IF we get it in time...I'd say a big chunk of payment on family vaca to Mexico this summer! Either that or use it towards my new camera....tough call though.....

[JohnT]

No idea how much I'm going to get as a single dad with one dependent, but part of it should go nicely toward a Sigma 150 macro.

[Adcox]

Originally Posted by ndsimm

Sorry to say but the wife and I worked too hard and made more than $150K so we get zip...

Some people that paid no taxes at all are eligible for the "rebates". You guy's worked hard, made your mortgage payments on time and get nothing, nada, zero zilch!
And the redistribution of wealth continues...

[JPalmer]

Individual netting more than $75,000 gets the $600.

Couples netting more than $150,000 filed jointly gets the $1,200

Screw you IRS.

[JPalmer]

Originally Posted by JPalmer

Individual netting more than $75,000 gets the $600.

Couples netting more than $150,000 filed jointly gets the $1,200

Screw you IRS.

Whoops.... read that wrong.

UP TO $75,000 or $150,000 get the money.

Looks like poppa needs a new pair of shoes.... course it has to pass the House and Senate first.