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03-01-2008, 11:20 PM
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#9 |
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Donating 4WT 2000 Club Member
Join Date: Sep 2006
Location: Rural Wisconsin
Posts: 3,707
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No, sadly, as a "rebate" this is simply an advance on your next years tax refund. You don't get a freebie from Uncle Sam... it's simply a way for the current administration to make people feel they're getting a nice bonus now, so next year IF the democrats are sitting in the White house, the republicans can look good in comparison when people realize they're going to be getting that much less back next year.
You WILL lose that $1200 off of next years refund, but if you have only $1000 due to you, that $200 difference is not going to be owed... they will forgive that.
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'A simple way to take measure of a country is to look at how many want in.. And how many want out.' England 's Prime Minister Tony Blair' Last edited by Tink; 03-01-2008 at 11:23 PM. |
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