Tax rebates start showing up in bank accounts Monday

[Guest NewsBot]

WASHINGTON (AP) -- The government started depositing thousands of rebate checks in taxpayers' bank accounts on Monday, earlier than originally scheduled, with the Bush administration hoping the payments will give a jump-start to a weak economy....

 

By MARTIN CRUTSINGER

 

Read the full story.

[phreakwars]

Oh boy!! China is giving me a welfare check for $1800, so how bout you guys?

.

.

[ImWithStupid]

I got $900 bones coming my way.

[wez]

Whole lotta nothing for me...

[Guest Haq]

I should have 600$ or so coming my way nearing the end of the Economic Stimulation period. My last 2 of my social is 95, while my wife's is 96, so basically we get the crap end of it.

[DaMan]

Is this a rebate or is it an advance on next years tax return?

I have heard it both ways. Some say it's a loans that we will repay next year at tax time. Some say it's a stipend. Which is it?

[Old Salt]

Everything I've read and heard says it's "free" money. Doesn't count against next year's taxes.

 

Of course, "free" money isn't free, it will increase the deficit.