Please Read about Tax Rebates?? Your opinion Please?
September 1st, 2010 | 
Author: Question by Robin M: Please Read about Tax Rebates?? Your opinion Please?
NEW YORK (CNNMoney.com) — Consumers fuel the economy and if they’re strapped, the thinking goes, better get them some cash to spend.
The biggest component of any government plan to jump-start the economy is expected to be issuing tax rebate checks – both Republicans and Democrats are pushing the idea of sending out checks for several hundred dollars if not more.
But their effectiveness is debated, and it could be summer before Americans see any real cash.
In a statement on the economy delivered Friday morning, President Bush said any plan should feature “direct and rapid income tax relief” to boost consumer spending.
“Letting Americans keep more of their own money should increase consumer spending, and lift our economy at a time when people otherwise might spend less,” he said.
As of Saturday morning, there was little expectation that a deal would be finalized before Tuesday when Congressional leaders are expected to meet with President Bush.
http://money.cnn.com/2008/01/18/news/economy/rebate_how_it_works/index.htm?postversion=2008011913
Best answer:
Answer by robert w
tax re-baits will help the smart one pay bills and get a good roi.’the others will spend it on things that have no roi.
want to increase economy
cut my taxes
stop pocking barrel projects
finish dumb fights
increase car mileage to 40mpg
put solar where available on any roof ur also
put battery cars in our garages.
don’t support terrorism drive 60 mph
the re-bait is like a fart in a hurricane, it makes u feel good but does not change wind direction or speed.
remember Reagan’s re-bait? was a blip on the screen.
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