'Tax rebate' checks expected to yield short-term benefits, long-term troubles : RSS 0.91

'Tax rebate' checks expected to yield short-term benefits, long-term troubles : RSS 0.91http://www.plime.com/politics/en-us'Tax rebate' checks expected to yield short-term benefits, long-term troubles : RSS 0.91http://www.plime.com/politics/<![CDATA['Tax rebate' checks expected to yield short-term benefits, long-term troubles]]>http://www.plime.com/politics/l/59898/1/

7 months ago

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http://www.csmonitor.com/2008/0428/p15s01-wmgn.html

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'Tax rebate' checks expected to yield short-term benefits, long-term troubles

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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."

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Debt, rebates, taxes, federal budget, economy, deficit,

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