Tax windfall proceeds

I would like to find something to do other than send a sizeable percentage to China.

-- "Heaven is North of the Bridge"

My wife will probably get mine. She has a bad habit of assuming any extra money is hers and, since she is a high maintenance woman, it goes quickly.

-- With God's help all things are possible- even woodworking. Woodworking is not just a hobby, it is an (expletive deleted) expensive hobby.

I was responsible and paid off the card and some other debt. No fun but it has increased my monthly alotment for shop use.

-- Hope Never fails

Mine is going to help pay off my new shop.Pay off one bill then start again with something else.And on,and on,and on. (lol)

-- Dustygirl..Hastings,Ontario.. How much wood can 1 gal chuck if 1 gal can't cut wood?

I need to give this one to my wife. I spent my whole fed refund at Woodcraft and Rockler.

-- Made lots of sawdust and pounded some nails. Haven't finished anything, though.

Pay off of debt and investing. Pretty much what I’m supposed to do. However, my wife (the financial one in the family) has promised me that we can buy a new TV or table saw when we get the last car paid off (by the end of the year). The only catch is I have to choose one and we also have to save up enough to pay cash for it.

-- He said wood...http://hickbyassociation.blogspot.com/

New tires for the truck and the rest will go into the house construction.

-- Tim -- http://tmuli.com

I DON’T WANT THE CHECK!!!!!!!!!!!

I pay my mortgage, I don’t have balances on my credit cards, my vehicles are 10 years old and paid for, I have a good 401K, savings account and am saving my money for my kids education.

TAKE MY CHECK AND APPLY IT TO THE NATIONAL DEBT SO ALL OUR CHILDREN CAN HAVE A FUTURE IN THE US!!!!

I’ll get off my soapbox now. : )

Jeff

-- Jeff, Indiana

Your check wouldn’t be a drop in the bucket, Jeff, by time the government bought 7 toilet seats or hammers, it would be gone. You could make better use of it than the gov.

-- Tim -- http://tmuli.com

Cant go to Walmart… too much cash to the Chinese there.
No computers.. money goes overseas too.
No toys for the kids.. money goes to foreigners too…
Beer is made in the US.. but I don’t drink.

Guess I will put it away so it can earn some interest. This government is so foolish. This effort is more like trying to buy votes than stimulate an economy. I won’t be fooled.

-- making sawdust....

Good on you, Jeff. Nice to know I’m not the only one out there who feels the same way…

It is hardly “free” money – it is going to cost us a whole lot more in the long run, to be sure.

Mott, Lie-Nielsen is an American company and they make some pretty good things, I hear. ;)

-- Ethan, http://greystonegreen.blogspot.com/

There you go, Ethan. And the Maine economy is in the toilet right now, so every little bit will help them out.

-- Tim -- http://tmuli.com

Don’t forget that you have to claim the check as income on next years tax return….

-- He said wood...http://hickbyassociation.blogspot.com/

and the chinese keep smileing . they luv you dubya

Billions in corporate welfare and I’m going to save the economy by them giving me back my money…or more to the point borrowing it from my grand kids. And we keep voting for these idiots.

-- http://www.woodsongsfurniture.com

Give it to DNC

-- MARK IN BOB, So. CAL

Wife said to the credit union…..so what did we do. If Mama’s happy everybody’s happy.

-- Only the Shadow knows....................

Pay off wife car, so I can replace my car that just broke down with a pickup so that I can haul lumber from HD or Lowe’s to make more projects.

$120.00 to Church, the rest to re-upholstery.

Amen, Rikkor! Firstfruits! ;-)

Uncle Sammy still wants another $18k from me….. I know exactly where my stimulus check will go!

-- Tim D. - Woodstock, GA

DannyBoy You don’t have to claim the check on your 2008 taxes. A little more money in your pocket.

From the IRS Website…..
Q. Is my Stimulus Payment taxable?

A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment.

http://www.irs.gov/newsroom/article/0,,id=179181,00.html
(the question is near the bottom of the web page.)

-- Che.

It’s buying my new band saw

We’re using ours to replenish some of what we had to pay in taxes. ;)

My tax return just showed up yesterday, and today there is a nice new 8 inch jointer headed this way. Sadly a chunk of my cash is now headed to china. Of course the money I make off this jointer will hopefully be spent stateside. :)

well i wish i had a tax refund to spend. but then again I’d probably pay for it in the long run, sigh!

Geeze . . . wish I was getting a Stimulus Payment.

-- The significant problems we face cannot be solved by the same level of thinking that created them

I am going to have my well inspected and use the remaining purchasing American goods and keep it here.

-- Ron Central, CA

ya go America. I’ve decided that with my tax windfall (even though i don’t get one, I’ll just pretend so i don’t feel bad about spending the money) I’m going Lee Nielsen all the way. Made in America and probably some of the best quality that you can get. GO AMERICA!!!!

Well my regular federal refund covers the Brese small smoother plane that’s currently getting made. Haven’t given much thought yet to the other refund.

-- Use the fence Luke