Tax Bonus Payments?

[pinsanity]

figures out today show that the most of the last "bonus payments" went to credit card debt reduction

This remains a stupid idea that will f uck the economy and this country royally

The Reserve Bank Governor disagrees. :)

(Out of interest, from what source are you obtaining your "figures" from?)

20/2/2009
Reserve Bank of Australia Governor Glenn Stevens has backed the Federal Government's stimulus packages, saying the economy would be weaker without them.

"2009 and, to some extent, 2010 would have seen a lower pace of aggregate demand in Australia, absent those measures," Mr Stevens said.


http://www.independentweekly.com.au/news/local/news/general/economy-would-be-weaker-without-stimulus-package-stevens/1439719.aspx

[Ric]

http://www.theage.com.au/national/credit-card-debts-suck-up-stimulus-handouts-20090219-8cnv.html

$3billion of the $8.7billion went to reduce credit card debt

so basically the banks got the benefit of the stimulus

[arcadoz]

http://www.theage.com.au/national/credit-card-debts-suck-up-stimulus-handouts-20090219-8cnv.html

$3billion of the $8.7billion went to reduce credit card debt

so basically the banks got the benefit of the stimulus

Doule edged sword. They got some capital back but lose out on the exorbitant interest that $3 billion in loans would create.

[Ric]

however in the end it comletely negates the purpose of the stimulus package which was to put money back into the economy by spending as oppsoed to the reduction of debt.

So overall, it just shows what a stupid policy it actually was, basically using taxpayers funds to give money companies that don't need assistance

but what do you expect from Labor?

[Marty Machine]

What about us guys that get over $100,000 ?????
ooops sorry, i was dreaming for a minute there...... 

So, what kinda pin can i get for $950 anyway? maybe the legs off an Addams Family or something? 

MM.

[Strangeways]

What about us guys that get over $100,000 ?????
ooops sorry, i was dreaming for a minute there...... 

So, what kinda pin can i get for $950 anyway? maybe the legs off an Addams Family or something? 

MM.

 

Decent project pin at least !

[v8racefan]

i'm planning on spending my $950 on a pinball

[ajlaird]

What about us guys that get over $100,000 ?????
ooops sorry, i was dreaming for a minute there...... 

So, what kinda pin can i get for $950 anyway? maybe the legs off an Addams Family or something? 

MM.

OK, got 4 kids, 2 adults, so shouldn't I get around $5400? I reckon you could go real close to an Addams Family with that.