well i just read in the AJC that it is indeed just an advance on our tax return for next year. and since thats the deal... i dont really even get back much more that $600 anyway so basically i will get nothing back next year on taxes... maybe a couple hundred bucks vs. $1000 or so.
i think a lot of people will get a check in the mail and be like "holy sh*t this is awesome" then when they file for taxes next year they will forget to add this money to their income and not be taxed for it and then get audited. but i am kinda on the side of most of the political advisors right now that we need to focus on a long term solution such as the fair tax and not on a quick fix that will not really help because the relief check is not even going to come until june. if the gov't would give america scott-free money within the next week to maybe even a month then this would be an extreme boost in moral and eventually the economy but i think the gov't is a day late a dollar short if you will.
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Originally Posted by clean_sol
