Entry tags:

cat, life, taxes

Revival of the shit-list
Don't let the title of this entry fool you. I simply wanted it to be a play on words. But I am going to do something that hasn't been done in years, and I only rediscovered it whilst reviewing old entries. That's right, I am bringing back the List! And this time, it's for money!

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Woke up
Grabbed lunch
Drove to work
Clocked in
Retrieved a cup of coffee from the break room
Drank a few sips from aforementioned cup while checking work emails
Hammered and bent metal panels
Polished and cleaned metal blocks
Hammered some more
Bent some more
Went to lunch
Unpacked crate containing EG 4090 prober
Made room in shop for aforementioned EG 4090 prober
Cleaned up
Did stuff
Drilled holes in a metal panel
Clocked out
Came home
Checked Facebook
Opened up LJ and typed this entry

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Not very exciting, I know.

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To any and all of you receiving an "economic stimulus" tax rebate check of some multiple of $300 in the next few months: Remember the following. The amount of the check you receive will most likely be added to the income tax you owe for 2008. This means that if you receive a check for $600 in June, you might end up paying it back in Spring 2009. It happened with the last so-called "tax rebate" in the earlier part of this decade, so don't be shocked if it happens again. There is very little information available out there as to how the federal government plans to pay for this $160 billion plan, so I have no reason to think that this little tab won't be called upon to be paid on April 15, 2009.

For those who intentionally have a lot more withheld from their check, this will mean your refund will be much less. If you only have a little bit extra withheld, you might end up having to pay the difference, in which case I would evaluate now how you will fare paying this back later. And if you have just enough withheld to pay your regular burden, you can expect to pay all of it back, and so you should probably just save the money in a bank account, so that way, you can earn SOMETHING on it before you have to just give it back. Sure, that runs contrary to what the function of this rebate is supposed to do, but this way you can just go about your life as if the rebate didn't exist, which, very well, it will probably be a zero-sum entity at the end.