Thursday, May 1, 2008

Government Stimulus Package?


" “Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal; but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also." (Matthew 6:19-21, NKJV)

At our prayer meeting last night someone shared with me their dream for the Governments stimulus package. (In case you are not familiar with the program the basic details are below)

Bottom line is that many folks will receive a small unexpected return of their taxes paid.

Apparently there are many organizations that will encourage you to purchase their product; so expect to receive the advertising blitz.

The vision that was shared with me was the thought that it would be great if His children invested that unexpected treasure in the kingdom of God rather than the kingdom of this world.

I think that is an excellent thought. I am sure everyone who gets a return can find some good things to purchase or retire some debt on already purchased items. But if you are challenged by this vision as I am I encourage to consider if perhaps God has given you this opportunity to invest in His kingdom.

Singles

Determine Eligibility:
If you earned less than $3,000 - unfortunately you’d get nothing.
If you earned more than $3,000 but paid no taxes, you’d get $300.
If you earned more than $3,000 and paid taxes, you get $600.
If you have children, add $300 per.
Determine Phaseout Reduction:
The phaseout levels begin at $75k and end at $87k, at a reduction of 5% per $1,000 over the lower limit. If you earn above $87k, you’re over and thus get nothing regardless of the math.

Couples

Determine Eligibility (appears to be the same as singles):
If you earned less than $3,000 - unfortunately you’d get nothing.
If you earned more than $3,000 but paid no taxes, you’d get $600.
If you earned more than $3,000 and paid taxes, you get $1,200.
If you have children, add $300 per.
Determine Phaseout Reduction:
The phaseout levels begin at $150k and end at $174, at a reduction of 5% per $1,000 over the lower limit. If you earned above $174k, you’re over and thus get nothing regardless of the math.

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