A refund? What are you spending it on?
Thirty-five percent of taxpayers who expect to receive a tax rebate this year plan to use the money to pay utility, credit card, housing or other bills. This is according to an AP/AOL Money & Finance poll. Those numbers are up a few points from the twenty-seven percent who made the same statements a year ago. One-third said they were saving or investing the money. That leaves just under a third that will do something else… I’m thinking they’re going shopping!
As a family, we are not getting a refund this year but we will receive the ridiculous rebate. I’ve already posted about how I plan on spending my rebate check (looks like I’m in line with most of America). How about you?
Tags: economic stimulus plan, rebate, refund, tax rebatesRelated Stories
POSTED IN: individual, tax policy
5 opinions for A refund? What are you spending it on?
Justin
Apr 11, 2008 at 1:50 pm
As a former tax professional (currently a CPA in industry), I can tell you that I HATE having my hard earned money doled out to others. Unfortunately, I make too much to get a “rebate” or “advance” on next years refund.
Screw congress.
Art Murphy
Apr 11, 2008 at 8:58 pm
First of all - I want to see the refund.
Second, with all prices going up - the refund will be gone quickly. A typical gov’t program. Give with one hand and take away with the other.
I like the way the politicians are saying, “look what we are giving you” - they forget it is our money to beinb with!
I’d like to save the refund but will need it to cover increasing costs for energy and health care.
terry thornton
Apr 28, 2008 at 8:52 am
i would like to know when will i get my rebate check
terry thornton
Apr 28, 2008 at 8:53 am
i would like to know when i get my rebate check
Kelly
Apr 28, 2008 at 9:00 am
Terry -
There are several posts about this on the site. Try http://www.taxgirl.com/rebate-schedule-changes/
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