Archive for 'Business'
Rebate Checks, Keep ‘Em Coming
Posted on April 28, 2008, by Hanna Ingber Win, under Business.
My husband and I will soon get $600 from the U.S. government in tax rebates. The IRS will start sending rebates via direct deposit today and via snail mail May 9. Unlike 82 percent of the public, as determined by a Los Angeles Times/ Bloomberg poll, we will spend our money. We are both students, both broke, and both determined to use the money on more groceries, gas and even clothes. Therefore, we are clearly good Americans (well, I’m a good American; my husband, Aung Moe, is a good permanent resident).
Unlike all those rebate collectors who want to pay off debt or save - read “hoard” - their new cash, we promise to spend it. We will pump it back into the economy, exactly what the rebates were intended for. President Bush said in January: “Letting Americans keep more of their own money should increase consumer spending.”
In exchange for our patriotism, I for one think we should be given more money. President Bush and Mr. IRS, if you would like to help the economy even more, if you are serious about pulling this nation out of a recession, go right ahead and send us another check. (1917 Rodney Drive, Apt. 203, Los Angeles, CA 90027). You have our word that we will spend it.
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