View Full Version : How to spend my tax rebate...?


Starfury
05-09-2008, 11:03 PM
Checked my bank account today and realized that I'm now $600 richer:D Plus I got payed today, first paycheck after my raise, so I've got some money burning a hole in my pocket.

I've got an email fired off to Daze already for the CSRP (discbrakeswap.com) Kelsey-Hayes style disc swap kit, but I'm open to other ideas.

Shelby drop is already scheduled, along with a slight coil cut to lower the front end to a reasonable height, but that's only going to cost me $30 or so for the bit and template from Daze. I should probably replace my control arms all the way around (to hell with rebuilding the uppers), as they're all original, the uppers are squeaking, and I believe the lower ball joints are on their way out. Rear springs and shocks all the way around have already been done. 5sp upgrade is not affordable at this point. Rear end is going to wait until the 5sp conversion so I can run low gears and still be able to drive on the freeway.

So....yeah, any other suggestions? Basically something under $600 that I haven't thought of.

andrewmp6
05-09-2008, 11:48 PM
You got 120 plus shipping http://www.tinmanfabrication.com/index.cfm/page/ptype=product/product_id=58/category_id=60/home_id=59/mode=prod/prd58.htm
you'll have to weld them in so maybe 50 bucks if you know someone with a welder. and heres a how to http://www.tinmanfabrication.com/index.cfm/page/ptype=product/product_id=47/category_id=76/home_id=76/mode=prod/prd47.htm

cprstreetmachines
05-09-2008, 11:53 PM
subframes and caltracs;)

Starfury
05-10-2008, 12:09 AM
Good idea, but I think subframes are farther down the priority list right now:) A little overkill for the rest of the suspension/drivetrain right now.

I am considering a set of Traction Masters, though. Not that I'm getting enough traction to create wheel hop, but they won't hurt.

rmodel65
05-10-2008, 12:37 AM
paypal me 50$;)

SJs 66coupe
05-10-2008, 02:41 AM
"yeah, any other suggestions? Basically something under $600 that I haven't thought of. "

I am always willing to take donations for parts money :D

groho
05-10-2008, 02:44 AM
What tax check???!!! I did my taxes this year, and was told...sorry, you make too much. Great, I' m in the highest tax bracket possible, and I don't get a check. I did see a deposit last week, but it was less then 10% of what I should have gotten. Didn't even fill my truck up with it!

SJs 66coupe
05-10-2008, 02:55 AM
If it makes you feel any better groho....we weren't even close to getting any sort of tax rebate either.

Starfury
05-10-2008, 05:04 AM
I'm still starving college student class, so I get all $600;) The fact that you're in 'the highest tax bracket possible' probably has something to do with your lack of a rebate.

And all you people begging for money... :P This is money I should be putting towards school and food and stuff.

deadcarnahans
05-10-2008, 09:57 PM
Do not spend that rebate money. You will have to give it back to the IRS next April.
It's a crock. It's not free money and should not be treated that way.

Hot70Mach1
05-10-2008, 10:47 PM
ORIGINAL: deadcarnahans

Do not spend that rebate money. You will have to give it back to the IRS next April.
It's a crock. It's not free money and should not be treated that way.



COMMUNIST! haha im seriously just playing.

its true you will have to file that 600 as earned income next year.

but if we dont spend that money then the government wasted its money and the marginal propensity to consume will decrease even further and cause a true recession.

the money mulitplier effect of that 600 dollars will increase by how many people and how much is spent of the total money divided across the country.

something like 1/MPS=MPC

spend it on the mustang and pay the percentage tax on the 600 you earned this year.

if your boss gave you a raise you would spend it. or atleast up to your marginal propensity to consume. which has maintained a .85 number for a while now.


besides your mustang wants you to spend it on it. have you ever denied an girlfriend money ? you know how testy they can get.

Starfury
05-10-2008, 10:56 PM
I agree completely. You're not giving back $600 next year, you're just paying taxes on it. I can deal with that. Ideally you spend it on domestic products, ie. things made here in the US, and labor. That way the money gets piped into the system rather than given to other countries, which doesn't help our economy at all. All in all, buying theCSRP kit is a win win, for me and the economy:)

Hot70Mach1
05-10-2008, 11:12 PM
ORIGINAL: Starfury

All in all, buying theCSRP kit is a win win, for me and the economy:)



if i end up putting a deposit on a 67 coupe tomorrow this will be my first investment in the project.

i like your choice.

69mach1377
05-11-2008, 09:38 AM
ORIGINAL: deadcarnahans

Do not spend that rebate money. You will have to give it back to the IRS next April.
It's a crock. It's not free money and should not be treated that way.

Why wait that long...just give it back by buying gas!

Hot70Mach1
05-11-2008, 10:11 AM
ORIGINAL: 69mach1377

ORIGINAL: deadcarnahans

Do not spend that rebate money. You will have to give it back to the IRS next April.
It's a crock. It's not free money and should not be treated that way.

Why wait that long...just give it back by buying gas!



true it would be good on the psyche not haveing to pay for gas for like...a month hahah jk.

TripleHmotosports
05-11-2008, 09:41 PM
Lets see you get a check from the goverment You spend it and the goverment gets tax money back at whatever rate it is where you live and then YOU have to claim it on YOUR taxes next year. You are paying for the money twice. Stimulation Check are you stimulated yet. Just think of the people that haven't filed taxes in a couple years because they think they are getting free money. Boy will they be in for a Big Suprise when the goverment catches up with them.


Come On People The Goverment Does Not Give Anything Away For FREE unless You are a Foreigner.....

andrewmp6
05-11-2008, 11:12 PM
Hookers and whiskey ftw.

Hot70Mach1
05-11-2008, 11:31 PM
ORIGINAL: andrewmp6

Hookers and whiskey ftw.


somone get this man a beer[sm=icon_cheers.gif]

silverblue66
05-12-2008, 12:18 AM
ORIGINAL: Hot70Mach1

ORIGINAL: deadcarnahans

Do not spend that rebate money. You will have to give it back to the IRS next April.
It's a crock. It's not free money and should not be treated that way.



COMMUNIST! haha im seriously just playing.

its true you will have to file that 600 as earned income next year.

but if we dont spend that money then the government wasted its money and the marginal propensity to consume will decrease even further and cause a true recession.

the money mulitplier effect of that 600 dollars will increase by how many people and how much is spent of the total money divided across the country.

something like 1/MPS=MPC

spend it on the mustang and pay the percentage tax on the 600 you earned this year.

if your boss gave you a raise you would spend it. or atleast up to your marginal propensity to consume. which has maintained a .85 number for a while now.


besides your mustang wants you to spend it on it. have you ever denied an girlfriend money ? you know how testy they can get.





WOW! I'm really impressed, I have yet to meet someone who is not an ecenomics teacher who understands the money multiplyer effect and how it is related to the tax rebate and the ressession.
Kip

Hot70Mach1
05-12-2008, 01:11 AM
ORIGINAL: silverblue66

WOW! I'm really impressed, I have yet to meet someone who is not an ecenomics teacher who understands the money multiplyer effect and how it is related to the tax rebate and the ressession.
Kip


i think i had some errors in the explanation

but thanks, i have my AP Macro/Micro Economics test this thursday so wish me luck.

bottom line, its not free money. but it sure feels like it. so spend it because your mustang will haunt you in your dreams.

Starfury
05-12-2008, 03:07 AM
No, it's not free, but due to the money multiplier it WILL help the economy as long as people don't cash it and put the money under their mattress.

And paying taxes on $600 and paying taxes on whatever you buy with that money is no different than a normal paycheck. This one just happens to come from the government.

If you don't want to spend it, fine. But at least put it in the bank so other peoplecan borrow off of it and spend it.

Hot70Mach1
05-12-2008, 03:21 PM
ORIGINAL: Starfury


If you don't want to spend it, fine. But at least put it in the bank so other peoplecan borrow off of it and spend it.



getting a loan this week to finish paying for the 67.


SO DEPOSIT THEM CHECKS;););););););)