davidbg63 Posted January 25, 2008 Share Posted January 25, 2008 Here is my question.... With all the talk on the news recently about government rebate checks coming in the next few months to kick-start the economy, who actually has already thought about buying a new gibson with this found cash??? (my hand is raised) Link to comment Share on other sites More sharing options...
guitarstrummer Posted January 25, 2008 Share Posted January 25, 2008 Just thought about it or already have it picked out??? The way I have it figured, it should arrive at just about Homecoming time. Look out, Music Villa, here we come!! Link to comment Share on other sites More sharing options...
davidbg63 Posted January 25, 2008 Author Share Posted January 25, 2008 Yea I'm thinking J-45 or SWD 12 string or SWD 6 string....You may have GAS if the government makes this type of announcement and the first thing that pops in your mind is a new guitar! (HAHA) I may need to request a bigger check! Link to comment Share on other sites More sharing options...
guitarstrummer Posted January 25, 2008 Share Posted January 25, 2008 Yea I'm thinking J-45 or SWD 12 string or SWD 6 string....You may have GAS if the government makes thistype of announcement and the first thing that pops in your mind is a new guitar! (HAHA) I may need to request a bigger check! The SWD 12 string is really nice. I have one and it's my favorite 12 string. Link to comment Share on other sites More sharing options...
geelinus Posted January 25, 2008 Share Posted January 25, 2008 I dunno about a new Gibson, but my rebate might pay for Homecoming. :D Link to comment Share on other sites More sharing options...
jaxson50 Posted January 25, 2008 Share Posted January 25, 2008 I'm going to use my rebate for a down payment on a full tank of gas! :D Link to comment Share on other sites More sharing options...
ajsc Posted January 25, 2008 Share Posted January 25, 2008 How big are these rebates going to be? Is Bush really going to buy guitars for everyone? Link to comment Share on other sites More sharing options...
guitarstrummer Posted January 25, 2008 Share Posted January 25, 2008 How big are these rebates going to be? Is Bush really going to buy guitars for everyone? It depends which news broadcast you listen to. If you make less than $150,000 per year, I've heard the rebates will be about $600 per person + $300 for each child you have. Link to comment Share on other sites More sharing options...
JamesHunterRoss Posted January 25, 2008 Share Posted January 25, 2008 Remember, it's good for the economy, and that's why we're getting the money back. Spending that money on an American product is exactly what we should all be doing! (I don't suppose I can claim my guitars as children, huh?) Link to comment Share on other sites More sharing options...
davidbg63 Posted January 26, 2008 Author Share Posted January 26, 2008 I didn't think about the buying american made guitars, would rather spend on that than anything else. It does depend on the news cast but I want to say CNN was saying $600. per couple and an additional $300. per child. I'll believe it whan I see it in the mailbox. Link to comment Share on other sites More sharing options...
guitarstrummer Posted January 26, 2008 Share Posted January 26, 2008 I listened to CNN too and what I heard was the $600 per couple (or $300 per person) was for people having minimal income. They used the figure of less than $3000 adjusted gross income. Over $3000 AGI, up to $150,000 per couple ($75,000 per person) and it was going to be the $600 per person figure + $300 per child. Who knows until you actually see the check???? And don't forget, that money will probably also be taxable income next year. At least that's how it was the last time they had a tax rebate. Link to comment Share on other sites More sharing options...
Always_Black Posted January 26, 2008 Share Posted January 26, 2008 Well, my recent divorce will mess that all up ! I'm screwed for filing this year. Oh well, I guess I'll just have to buy a guitar to make myself feel better. Stimulate the economy and feel good at the same time......Now, that's American ! =D>/ Link to comment Share on other sites More sharing options...
Guest NattyBumppo Posted January 27, 2008 Share Posted January 27, 2008 I'm going to use my rebate for a down payment on a full tank of gas! ](*' date=') [/quote'] Yup, and I'm stashing it away to pay for heating oil! Every time the oil man pulls into my drive BAM, $700 smackers. This time of year he shows up every 5 weeks :D . Another guitar isn't even a consideration. Link to comment Share on other sites More sharing options...
gibsonjunkie Posted January 30, 2008 Share Posted January 30, 2008 I may actually use mine to by a Fender (but an American made one)! Link to comment Share on other sites More sharing options...
anthonyc007 Posted January 30, 2008 Share Posted January 30, 2008 No Gibby for me. Probably buy some furniture ... :yawn: ... Link to comment Share on other sites More sharing options...
sad57 Posted January 30, 2008 Share Posted January 30, 2008 I heard the government is borrowing the money from the Saudis and China to pay for this. Someone please tell me that is a joke! Link to comment Share on other sites More sharing options...
Space Pup Posted January 31, 2008 Share Posted January 31, 2008 Maybe by the time we get the checks some of those Canadian made Gibson's might be around. Anyone ever find out any more info on those? Link to comment Share on other sites More sharing options...
ksdaddy Posted January 31, 2008 Share Posted January 31, 2008 If the timeline is right I will write a check off the home improvement account to pay income tax and then pay myself back with the rebate check (or partially anyway). As far as regular income goes I should be okay but there's over $8K in instrument repair money that I will need to pay Social Security and income tax on. I can deduct about $1400 because of the instruments I donated to that elementary school but other than that I'll be sweating April 15.... of course I haven't actually put pen to paper yet..... but there won't be any new Gibsons as a result of GWB's kickback.... sorry Henry. Link to comment Share on other sites More sharing options...
LesLawrence Posted January 31, 2008 Share Posted January 31, 2008 Remember' date=' it's good for the economy, and that's why we're getting the money back. Spending that money on an American product is exactly what we should all be doing! (I don't suppose I can claim my guitars as children, huh?)[/quote'] So who's more likely to spend the money on a Gibson guitar instead of more foreign oil? Those over the income cap or those under? The more I think about it, the more I visualize all these checks winding up boosting other economies. BTW, currently the Senate version has the cap at $300,000 per couple. Link to comment Share on other sites More sharing options...
guitarstrummer Posted February 8, 2008 Share Posted February 8, 2008 Looks like it's almost a done deal. I see where the Senate approved $600 per individual/$1200 per couple, plus $300 for each child. And Bush says he'll sign it as soon as it hits his desk. That should almost buy a new Gibson. Of course, the more fertile you've been, the nicer the Gibson you can get. :-k/ Link to comment Share on other sites More sharing options...
Space Pup Posted February 8, 2008 Share Posted February 8, 2008 Hey! are we gonna be taxed on these checks next year??? Link to comment Share on other sites More sharing options...
guitarstrummer Posted February 8, 2008 Share Posted February 8, 2008 I'd count on it. That's the way it worked the last time. Link to comment Share on other sites More sharing options...
Space Pup Posted February 8, 2008 Share Posted February 8, 2008 Rats! I was affaid of that. Link to comment Share on other sites More sharing options...
LesLawrence Posted February 8, 2008 Share Posted February 8, 2008 If I'm doing the math right, it can be worse than being taxed on it. From the CNN news: The checks are an advance on next year's refunds, and most, if not all of the money, will be deducted from taxpayers' refunds in 12 months' time. Link to comment Share on other sites More sharing options...
guitarstrummer Posted February 8, 2008 Share Posted February 8, 2008 Hmmmm, I haven't heard that. I'm not too sure what that even means. What if you don't get a future refund? Does that mean you will end up having to pay the "advance" back? That doesn't sound right. I just read the story on the CNN website and there's no mention of that. They also call it a "rebate" which by definition would mean it's giving something back that you've already paid, I would think. http://www.cnn.com/2008/POLITICS/02/08/economic.stimulus/index.html Link to comment Share on other sites More sharing options...
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