'Tax rebate' checks expected to yield short-term benefits, long-term troubles Posted: 7 months ago by DerAlt
Budget expert Stan Collender doesn't even like the "tax rebate" terminology used by Washington, since many of the poorer recipients will have paid no 2007 federal income tax or amounts less than their government check. The stimulus package, he says, is really "pure borrowing … just increasing the [federal] deficit."
Comments: 10 Score: [-] 306 [+].

  comments (10) 
12
DerAlt
7 months ago

create
reason
category/plime-com/politics
URL
headline'Tax rebate' checks expected to yield short-term benefits, long-term troubles
descriptionBudget expert Stan Collender doesn't even like the "tax rebate" terminology used by Washington, since many of the poorer recipients will have paid no 2007 federal income tax or amounts less than their government check. The stimulus package, he says, is really "pure borrowing … just increasing the [federal] deficit."
descriptive tags
Debt, rebates, taxes, federal budget, economy, deficit,
thumbnail
36