I received an unexpected bonus check this week, and after careful consideration, decided to use it for pure indulgence, a pricey meal at a local restaraunt. The "economic stimulus" crowd of federal gov't would be proud of me, as will the eatery and the Chamber of Commerce.
We do limit ourselves to local issues, so I spare my loyal readers a symposium on Keynesian macroeconomics.
I did think it worth an alert to pass this on. My roommate is retired, Social Security income, and does not have to file tax returns, as she has no additioal reportable income. Something I heard on NPR Sirius radio, the "economic stimulus rebate" will go to last year's filers, just for an address base. Roommate owed no taxes, could have skipped filing altogether, BUT...
She went down to the local federal office, explained her situation to the helpful soul there, he filled out her 1040EZ return and she will get a Gov't check for about $300 this May! Same result for at least two other retirees we personally alerted. Now whether they will use it to pay bills or stimulate the economy is up to them, my opinion, as long as the feds have been taking their money, they are entitled to get some of it back.
We have plenty of people in my roommate's situation as a retirement city. If this circumstance applies to you, or someone you know, make sure they file for the "free money". No guilt about being welfare queeens here, anyone qualifying will have been a long-term tax payer.
Good luck; the local economy is so diverse, failure in one aspect won't kill the deal. If my job is senior supervisor of buggy-whip manufacturing, I should worry. San Angelo may not be the town to get rich in, but damned if it ai't fun
Just another helpful hint from conchoinfo.