President Bush was pleased as punch this week to deliver a little bit of good news to Americans regarding the hotly contested economic stimulus checks. It turns out, that some households will begin receiving their checks as early as Monday the 5th.
There have been many rumors emanating from conversations around the water cooler in regards to the stimulus program.
Some folks seem to think that the money they receive will be taken from their tax return for ’08, other folks seem to be under the impression that the checks will be taxed additionally with their return this year. Isn’t it funny how the only thing we know for sure is when we’ll receive this “mystery” check.
Can anyone out there tell me where the money actually came from?
Better yet, can anyone give me an example of how spending this check will make the economy better. For example, where would you spend it if you didn't owe an arm and a leg like everyone else. Downpayment on a car? laptop memory so that you can finally use Windows vista? a new cell phone? Paying off the old cell phone? or just buying some bread, gas and milk at the new inflated prices.
For me, I may never know because I submitted my taxes on time, but they were not 'processed' until after April 15th. There is no schedule for payouts when the government is late to process.
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