Thursday, April 17, 2008

Your Tax Rebate Check -- Is It a Loan?

Now that Tax Return filing is over for most of us in the USA, here is some interesting information about the imminent tax rebate promised by Congress.

There is some interesting reading at MSN.com concerning the so-called incentive money coming to most US taxpayers in May. It turns out that this may simply be an advance on your 2008 tax refund (due you in 2009).

Details On Tax Rebates

In other words, the government is robbing Peter to pay Paul – a politically-motivated strategy to improve the economy in an election year.

Just thought you all would like to know.

No comments: