It's not true. It's an advance on the one time rebate for 2008 tax year that you would otherwise claim in 2009.
Here's where the rumor seems to have started: http://marketplace.publicradio.org/display/web/2008/04/10/taxes_q/ ....the last time the federal government issued checks, back in 2001,the stimulus was indeed an advance, of sorts, on the Bush administration's tax cuts. The bottom line went from 15 percent 10 percent. So, maybe folks are assuming that it is the same this time. It is not. This is not an advance on next year's refund. >I asked my tax guy about it, and when he confused me well enough, I looked >it up online and found similar info. I'll try and dig that link up at >lunch. Can't quite remember where I found it. I am thinking maybe >about.com.... > >Hell, I hope I'm wrong - kinda. I mean $600 is $600, but at our federal >debt's expense.... > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;192386516;25150098;k Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:260081 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
