Tax Cut 2008
Will the government really stimulate the economy by issuing these rebates? The government is going to give an extra rebate of $600 if you are single or $1200 if you are married, plus an extra $300 per child. In this article it says that the rebate is just going to be a 2008 rebate that are received on the 2007 tax return. This seems to me like the government is looking for a quick fix, and if the people who get this extra rebate spend their money the stimulus package will have a postitve effect.