The IRS didn't do so great the last time they distributed stimulus checks, as many people didn't even get theirs due to computing errors.
Making another tax rebate looks dubious to some. With the skyrocketing cost of living, it's fully possible that Americans won't use it to stimulate the economy, but rather just save it and squander it. We've had a lot of people worrying about the benefits of an additional tax rebate. With the deficit being as high as it is already, there are many worries that we just don't have the money to bail out everyone; however, it's entirely possible that the tax rebates might come out of the banking bailout that is occurring.
President Obama, when he was campaigning, put forth a plan for tax rebates providing every American citizen with $1000 that would be used for consumer spending and supplying the money they need to live. Oil companies may be more strictly taxed, providing the rebate income. Now that he is president, Obama needs to put forth this plan and get it approved, so that the American economy can get the help it requires to survive; it's a critical time for this nation, and a plan like this could help.
One giant frustration that Americans feel is paying for others' financial problems with their tax dollars, making them fight tax rebates. What they need to be concerned about is all of the extreme military spending and financial bailouts to downed companies. No matter our national debt, we need to pay it off sometime, whether we're prepared or not. We may not be up for the task when the moment comes. Our economy is in trouble, and has to be salvaged before the damage gets too far, directly affecting people's livelihoods. A tax rebate might just be the program that gets us on the correct path.
Making another tax rebate looks dubious to some. With the skyrocketing cost of living, it's fully possible that Americans won't use it to stimulate the economy, but rather just save it and squander it. We've had a lot of people worrying about the benefits of an additional tax rebate. With the deficit being as high as it is already, there are many worries that we just don't have the money to bail out everyone; however, it's entirely possible that the tax rebates might come out of the banking bailout that is occurring.
President Obama, when he was campaigning, put forth a plan for tax rebates providing every American citizen with $1000 that would be used for consumer spending and supplying the money they need to live. Oil companies may be more strictly taxed, providing the rebate income. Now that he is president, Obama needs to put forth this plan and get it approved, so that the American economy can get the help it requires to survive; it's a critical time for this nation, and a plan like this could help.
One giant frustration that Americans feel is paying for others' financial problems with their tax dollars, making them fight tax rebates. What they need to be concerned about is all of the extreme military spending and financial bailouts to downed companies. No matter our national debt, we need to pay it off sometime, whether we're prepared or not. We may not be up for the task when the moment comes. Our economy is in trouble, and has to be salvaged before the damage gets too far, directly affecting people's livelihoods. A tax rebate might just be the program that gets us on the correct path.
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