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Sunday, January 20, 2008

$500 Tax Rebate for Everyone!

$500 Tax Rebate for Everyone!I couldn’t believe it. I was sitting in the airport the other day and downloading turbo tax in the background while seaching for turbotax promotion code and suddenly CNN mentioned that the government is seriously considering helping our economy make it through this credit crunch by giving each of us a check for $500. This was such a great news that I got even more profit whem I tried to even use tubotax promo code while doing my taxes.

Here is a quote from The Associated Press about it.

WASHINGTON (AP) — United for urgent action, the White House and Congress raced toward emergency steps Thursday to rescue the national economy from a possible recession, including tax rebates of at least $300 a person — and maybe as much as $800. Federal Reserve Chairman Ben Bernanke endorsed the idea of putting money into the hands of those who would spend it quickly and boost the flagging economy.

and

Aides to lawmakers involved in the talks said the White House is pressing for tax rebates of $800 for individuals and $1,600 for married couples. Lawmakers were likely to settle on a $500 rebate for individuals, said an aide involved in the talks, with details for couples and people with children still being negotiated. Full Link: http://ap.google.com/article/ALeqM5h19_YeGzwzlmJhx42iIA7nJF0_UAD8U80C3O1

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