I haven’t gone through the whole stimulus bill handout that was passed out in class (yes, I am a bit too busy to go look up all the information on my own–how do CPAs keep up?), but I’ve looked over the first-time homebuyer and new car deduction bits, and they just make me want to get a job and be able to take advantage of them before they expire. It must suck to be one of the people who purchased their homes before new year.
The homebuyer credit is going to be a no pay-back one, which basically means the government is giving first-time homebuyers money, to encourage them to buy instead of saving. It’d not only give a big boost to the real estate industry, and anyone who has taken economics knows that money goes through a sort of multiplication effect. It’s not just $500,000 that will be spent in just the real estate area–it’ll be a lot more money spent in all sorts of other areas as well.
The stimulus bill also seems to have a lot of energy incentives in place. I wonder how that’ll affect the area in the coming year. I read the other day (followed a link on my twitlist) that one of the best jobs to have in 2009 that will likely weather the economic storm will be jobs related to alternative energy. That’ll be interesting to follow!
Writing-Babble: I’ve been thinking to myself that original historical fiction set during and after the Vietnam War would be really fun to write. I’d get to do research on a period of history that is very personally relevant (me being Vietnamese and all) and I get to listen to my parents tell stories about their crazy old neighbors. What’s not to like? Other project I’d like to explore is a short-short story collection (for my own amusement) using my fairy tale -themed tarot cards as prompts.
Bird-Babble: Got Kelsey little wooden chew toys last month. They came in a little container, and he only seems to be interested in the ones shaped like thread spools. He’s completely destroyed two already, and now there are only two left. Next batch of toys I shall take before & after pictures.