Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Actually, I'll probably stick it with some other cash I've got saved up and open a small CD. Interest rate will be low, but it's a safe investment until the stock market regains some stability.
Also, it's not a tax rebate, considering the people who pay the most taxes are getting nothing back. More like a tax redistribution.
Our economy (the U.S. economy) is made up of 72% consumer spending. When consumers stop spending the economy tanks. So, you give them money to spend in order to help spur the economy. Though it won't help, thats the thinking. As for Giving to the poor by taking from the rich. I think you needs to watch the news. With bank bailouts taking place, its the other way around.
Quote:
Originally Posted by 70Ford
So..take from the rich to give to the poor? Interesting concept.
Is this $ going to be a credit against next years tax refund? I had heard this. Can anyone confirm? Will we get $$ less at tax time next year - a bummer if so.
Kind of worried about a check going into my mailbox. Since we electronically filed, I wonder if they will electronically deposit?
Is this $ going to be a credit against next years tax refund? I had heard this. Can anyone confirm? Will we get $$ less at tax time next year - a bummer if so.
Kind of worried about a check going into my mailbox. Since we electronically filed, I wonder if they will electronically deposit?
Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?
A. No, the stimulus payment will not reduce your refund or increase the amount you owe when you file your 2008 return.
*****
If you filed your tax return electronically and provided your direct deposit account info, your tax rebate will also be directly deposited into your account according to this schedule.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
