Rebate Checks Question?

I'm planning on using mine for my trip to Jamaica this summer. That's not exactly what they had in mind for what to spend on huh...

You will not even have the check by this summer. But hey, have fun with Jamaica, only 9 weeks until our trip to Jamaica!
 
Your actually sorta right it looks like, without the exaggeration over illegal immigrants and tourists.

Actually it seems the Senate is going to make it so those that work but don't make enough money to have to pay income tax will get one too, and they are still debating the top threshold level of the maximum amount you can make to get one. Considering this is supposed to be an economic stimulus package, it makes perfect sense to get it to the lower income workers who spend it immediately to stimulate the economy.

Just as long as I get my cash I don't care what people they give it to, I'd rather the gov't spent my money on American people rather than the other alternatives.

I hate the idea of this whole thing, how about taking all the money and paying down some debt, or balacing the budget a little. This is just a horrible idea. We are basically taking a cash advance on the national credit card, and we are all going to have to pay this back later WITH interest.
 
My dad claimed me as dependent last year but is not going to this year and for taxes that he is filing this weekend for me. since i am not being claimed as dependent on taxes for this year would that mean I would get one or not?

It will be based on the 2007 tax year (the taxes that are due by April 15, 2008).

Good deal for me because we just had another kid Nov. 1, 2007. So if it all works out an extra $300 in my pocket for having that child for only 1/6th of 2007.
 
Since the government has not even passed this yet, and does not look to pass it in the near future, I would think we would not see anything until fall.
 
Maybe they won't pass this and the real economic stimulus will come from people taht are expecting this money and go on a spending spree in advance. Suckers.
 
My dad claimed me as dependent last year but is not going to this year and for taxes that he is filing this weekend for me. since i am not being claimed as dependent on taxes for this year would that mean I would get one or not?

Pretty sure it is based on tax-year 2007. So if they claimed you in 2007, they will get it, not you.
 
Pretty sure it is based on tax-year 2007. So if they claimed you in 2007, they will get it, not you.
I think he might be confusing tax returns with the tax years they're associated with.

If on the return that your is filing as we speak, he claims you as a dependent, then he gets the moolah, if he doesn't then you should get it.
 
Can we stop calling this a rebate check yet? If people who didn't pax taxes get this, its not a rebate anymore.

More of a cash advance.
 
Jamaica in the summer time? Hurricane season my friend. I went in January several years back and it was great.

Meh, we are going in early July. We'll be fine. I went to the DR late August last summer and that big hurricane JUST missed us. :wideeyed:

Also, it's for my sis-in laws wedding so I dont have a choice on date.
 
Meh, we are going in early July. We'll be fine. I went to the DR late August last summer and that big hurricane JUST missed us. :wideeyed:

Also, it's for my sis-in laws wedding so I dont have a choice on date.

I'd insure your vacation package if I were you...
 
Who was whining? It's rather accurate - kind of tough to call if a rebate if everyone is getting it - regardless of how much of if they paid taxes.

Kind of like if I got a "rebate" just by walking into a retail store without even spending a dollar. That's not a rebate, it's free money, a store credit, etc.
 
They should give rebates based on the percentage of taxes paid if they really want to call it a rebate! That would make people mad, but is the only fair way to do this.
 
The problem with a rebate check is that we are forever in debt to the Chinese and Japanese. We keep borrowing more and more. The hope of issuing a rebate check is to stimulate the economy and the only thing that people are going to do with that check is go out an buy more Chinese/Japanese electronics and merchandise. It's a fake fix and all we are doing is making much of Asia richer and richer.
 

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