AmericanTruckersAtWar

Professional, Polite, Prepared to Kill

Tax rebates arrive in Americans’ bank accounts

WASHINGTON – Tax rebates have begun dropping into bank accounts, but in this economy, gas and groceries may trump a high-end TV, a fancy dress or a new sofa — making the checks less of an economic jump-start than the government hoped for.

The first direct deposits from the Internal Revenue Service landed in bank accounts Monday, shoppers were already using the cash to play catch-up on the basics, such as milk and other groceries.

Analysts say the rest will probably be used to pay down debt. More from MSNBC

Don’t know about you, but I may “splurge” and buy a full tank of diesel fuel for my pick up…. If they honestly think giving our tax money back will stimulate the economy, than surely they would think that tax CUTS would, too. But, then again, if we keep our own money, the government cannot redistribute it “evenly” among others (aka Communism)
RTaylor
RTaylor

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April 28, 2008 - Posted by | economy, Politics | ,

2 Comments »

  1. I’m going to invest in precious metals, brass, steel and lead….

    That’s right, a new weapon… And a CHL class too, no point in not having it is there??

    Comment by TexasFred | April 28, 2008 | Reply

  2. […] Tax rebates arrive in Americans’ bank accounts […]

    Pingback by Around the Web/What Other Bloggers are Saying « Michigan Redneck II | April 28, 2008 | Reply


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