>The majority of Americans say they plan to put their $300-$600 tax rebate checks in the bank or use it to pay off debt, according to a recent CNN poll. Perhaps, the IRS/Government should send out gift cards instead of cash checks, so that consumer spend the rebates and pump up the economy? $50 gift cards for each of the major retailers could be the go.
Also, the rebate is not really free money. Apparently it will be added to your taxable income next year (in 2009) – a fact not publicized too much. The rebate is just a band aid solution by politicians in an attempt to buy votes and show that they are doing something to save the economy!
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