Economic stimulus taxes have been called many different names throughout the history of the country, but they all basically mean the same thing. Stimulus taxes are money that is being given to people in an effort to help them through a recession or similar economic situation. In the case of the economic stimulus taxes that have recently been put into place by the American government, the money was given to financial institutions in order to help bail out those institutions from collapsing under the weight of too much debt. The money was used to keep these institutions from closing their doors so that they can continue to operate. There has also been money provided for research and development for businesses in the form of grants. These businesses have been working hard to create new products and services to help make up for the losses that have been incurred by the failed businesses during the economic crisis.
While the stimulus money helped to keep companies and financial institutions afloat, it is still important to realize that the stimulus package did not “create” jobs. That is something that is not commonly understood by most people. It seems to be a common notion that this money was given to create more jobs. While some jobs were created, it was not the result of people simply quitting their jobs in order to take advantage of this stimulus package. This is not what happened.
Real economic stimulus taxes were paid on the income earned by each individual and family. No one was granted a “job” so how can you call what these stimulus packages do when it is obvious that no job was created? You will be shocked to learn that the vast majority of individuals and families who received economic stimulus taxes did not receive a single new job! This includes millionaires who have been in the highest paying positions for years.
This probably isn't surprising to many, since many were expecting economic recovery to result in tax relief. In fact, many were predicting that this stimulus package would result in tax relief, or at least an increase in tax rates on high incomes. As expected, nothing of this sort happened. Instead, all of the tax cuts and decreases in tax brackets were offset with the largest increases in government spending.
So why did we get so far off course with this fiscal policy? The main reason is that both parties are in bed together. Both parties are trying to make sure that they get all of the economic stimulus taxes that have been piloted through the Congress. The major political parties are running against each other and they want their candidate to win, regardless of whether they actually agree with the policies or the promises that were made to their supporters during the election. In other words, both parties are in bed together, and have been for quite some time now.
If you are a United States citizen, there is no reason for you to accept this economic stimulus package into your mailbox. These economic stimulus packages are being handed out by our government at the turn of each and every year. Do not believe for a second that you are going to be any better off economically because President Obama is re-building the economy from the ground up, and he is making sure that everyone has a job, and everyone has an opportunity to achieve whatever it is that they desire in life. We cannot allow our country to go back to where it was before these economic stimulus packages were put into place.
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If you are fed up with your present source of income then the fed economic stimulus package is certainly the best thing that could happen to you. The reason why this package is being given is that the country is facing a severe crisis regarding the shortage of basic commodities such as food, fuel ...
The Emergency Economic Stimulus Act was introduced by President Bush to provide a significant boost to the country's economy. It is a bill that will help you through tough times. The Act will also help you by offering debt relief to you and your family, such as lowering your rates on credit card debt, ...