February 11, 2008
Do We Have To Pay Back The Tax Rebate? Short Answer: NO. I have read a lot of misleading stories on the rebate portion of the Stimulus Bill. For instance, Liz Pulliam Weston, writing in MSN Money writes: To produce this cash, Congress created a one-time tax credit to reduce taxable income for most taxpayers [...]
Read the full article →
February 8, 2008
The House and Senate passed the final version of the stimulus bill only three weeks after President Bush’s initial proposal. The final plan will cost an estimated $168 billion versus the $150 billion cost of the House plan. The Senate plan included rebates for senior citizens and disabled veterans. Here’s the final breakdown: Most single [...]
Read the full article →
