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So, is this stimulus rebate like the last one or what?

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nonconformist Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:11 PM
Original message
So, is this stimulus rebate like the last one or what?
Meaning, it is just an advance that we'll have to subtract from next year's refund, or is it a full-out credit?

Another question - what if you paid income taxes, but not $1200 worth (as a household). Do you get the $1200 check or the $600 one?
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old guy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:15 PM
Response to Original message
1. IMO it's same crap; different day.
but i'm no expert.
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:17 PM
Response to Original message
2. same crap, but with a bow to make it look pretty
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DefenseLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:23 PM
Response to Original message
3. Think of it as a payday loan
from a government loan shark. We can all use it on a down payment for some rent-to-own furniture.
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wishlist Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:24 PM
Response to Original message
4. Apparently, just an advance of 2009 tax refund or tax owed
Judgin from some of the Repub objections to rebates going to those do not actually owe taxes because of their income being too low, we can safely assume it is a repeat of that earlier Bush tax rebate where we all owed the money back at tax time the following year.
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panader0 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 04:25 PM
Response to Original message
5. Last time I got zero because I got a tax rebate.
I'm sure it will be zero again.
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