The Piecemeal Man (abmann) wrote,
The Piecemeal Man

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Because many people read my blog, sorry for the inevitable duplicate entries:

The tax rebate that Congress just rammed through isn't actually a rebate. It's an ADVANCE on next year's tax return.

From the CNN article:
"The checks are an advance on next year's refunds, and most, if not all of the money, will be deducted from taxpayers' refunds in 12 months' time."

So, you get it now, sure, but you have to give all of it back.

Me? I'm going to stick it in my money market account and earn 5% on it until I have to give it back.
Retarded politicians. This is just going to make the entry into recession that much harder.

Vote Cthulhu in 08 and you won't repay the guvnint.

Also: Clinton and Obama abstained. McCain voted for it.
Kucinich abstained as well

Edit: That line has subsequently been removed from the article. I have contacted CNN about this.
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