Mr. Bush%26#039;s proposal is to give $600 to $1000 out in the form of tax rebates. My question is will these rebates come off of our tax returns at the end of 2008? Or is this money with no strings?
I remember we had a similar plan to this in the state of Wisconsin where we received a check. However just like in a game of Three Card Monty we were all swindled because at the end of the year we lost out on a (Homestead?) credit on our state taxes that would have been more than the amount of the rebate check.
Also, last time these so called Rebate Checks were distributed (during mr. Bush%26#039;s first term in office) I didn%26#039;t qualify because of my income. However people in much lower (the lowest) brackets received one dispite the fact that they don%26#039;t pay any income taxes at all. God Bless America.
Economic Stimulus Plan/ Tax Rebates?
From what I understand, it is money with no strings attached! And, they said they wanted to give $800 to single taxpayers and $1600 to married filing jointly households. Although they make it seem like we would get checks right away, I really think it will take them several months to inact the whole plan and get the checks printed and sent out.
We got a similar rebate in 2001 but it was a lot less. There were no strings attached to that one either....just the government%26#039;s plan to help boost the economy.
Economic Stimulus Plan/ Tax Rebates?
This answer is totally wrong. There are strings attached to this just like the last one. This is an advance on your next years taxes. There is still a long way to go and they can change things. The last time they made the rebate 100% taxable income. Report It
Economic Stimulus Plan/ Tax Rebates?
from what i have read its 800 per individual and 1,600 per married couples. not 600 and 1200 like it was in 2001. from what i know the money has no strings attached and doesnt have to be paid back
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