Govnt stimulus not free money......but yours
Do you know what the economic stimulus really is? You know - That so called money the Gov’nt is giving you... I was talking with my tax people -HR Block guy and the stimulus package came up. He informed me that most people don't realize that - that money they will give you in July - is an advance on your tax rebate next year. So what the government is doing is basically giving you the money you would get at the end of the year - in July. What happens is, people don't realize that it's not free money and when the end of the year comes they get mad when they find out that the usual amount they get every year will be less due to the money they gave you early this year in advance. What burns me, is that they don't tell this to the people and just say - here is money go spend it so the economy [ mostly the rich ] wont collapse. So while people think it’s free money in truth it's not - you better not be counting on your tax refund to bail you out of any year end debts bec...