I wonder how much of these "rebates" will actually do any good for the economy? Most people I know and many people that were interviewed on various news programs about what they plan to do with their rebates, planned on paying off bills like credit cards. I think the original idea behind these rebates was for people to go out and buy things with the money,( thus helping the economy of China
.) I don't know if I like the idea of "borrowing" from next year's income tax rebate to fund this year's rebate. That might leave some taxpayers further in the hole next year.
Bob, I guess you beat me to posting a thread on this topic.
I was considering posting a poll when the announcement was made last week of a rebate, but at that time they were talking about an $800 per person rebate. I was thinking of posting a poll asking members what they plan to do with a rebate from the government just to see where the money would go.