Have You Received your tax Rebates

[brnidokiegurl 0]

By MARTIN CRUTSINGER, AP Economics Writer

29 minutes ago

WASHINGTON - The government started depositing thousands of rebate checks in taxpayers' bank accounts on Monday, earlier than originally scheduled, with the Bush administration hoping the payments will give a jump-start to a weak economy.

The Internal Revenue Service started making the deposits at 8:30 a.m. EDT Monday with the goal of completing 800,000 direct deposits each day over the first three days of this week. No deposits will be made Thursday while the IRS prepares a big batch of 5 million direct deposits scheduled on Friday.

The government's paper checks will start going out on May 9, a week earlier than previously announced. The rebates, which are expected to reach 130 million households, range up to $600 for an individual and $1,200 for a couple. Families with children will get $300 per child.

The rebates were the centerpiece of the government's $168 billion economic stimulus package enacted in February and are designed to bolster consumer spending and lift the economy out of the doldrums.

While many economists believe the country has fallen into a recession, President Bush last week disputed that contention, saying he believed it was a period of slower growth not an full-blown recession.

"It's obvious our economy is in a slowdown. But fortunately we recognized the signs and took action," Bush said Friday in announcing that the rebates were going out a few days earlier than expected.

The rebate checks are coming as the IRS wraps up sending out the normal refund checks to taxpayers based on their 2007 tax returns which taxpayers had to file by April 15.

[Krikit 1,164]

While many economists believe the country has fallen into a recession, President Bush last week disputed that contention, saying he believed it was a period of slower growth not an full-blown recession.

Yeah. Cause all countries give out money to stimulate economy when they're not in a recession. What a maroon.

[Heracles 417]

Yeah. Cause all countries give out money to stimulate economy when they're not in a recession. What a maroon.

So you will be handing the rebate back then?

[Krikit 1,164]

Yeah. Cause all countries give out money to stimulate economy when they're not in a recession. What a maroon.

So you will be handing the rebate back then?

First off..... what makes you think I'm getting one?

Secondly..... what has that got to do with what I think of George W's statements?

[Heracles 417]

First off..... what makes you think I'm getting one?

Secondly..... what has that got to do with what I think of George W's statements?

Because I would not be using his stimulus package if I thought he was a moron.

[Gaby&Talbert 1]

Nothing yet, maybe tomorrow?

[Leafgal 3]

While many economists believe the country has fallen into a recession, President Bush last week disputed that contention, saying he believed it was a period of slower growth not an full-blown recession.

Yeah. Cause all countries give out money to stimulate economy when they're not in a recession. What a maroon.

I agree with you Krikit and ours will be paying off the taxes owed so no economic boom from us to the economy.

[Krikit 1,164]

First off..... what makes you think I'm getting one?

Secondly..... what has that got to do with what I think of George W's statements?

Because I would not be using his stimulus package if I thought he was a moron.

Good for you.

[Gaby&Talbert 1]

Still no deposit today. Maybe tomorrow?

[kaydee457 13]

I want mine in euros....

[Sister Fracas 5]

While many economists believe the country has fallen into a recession, President Bush last week disputed that contention, saying he believed it was a period of slower growth not an full-blown recession.

Yeah. Cause all countries give out money to stimulate economy when they're not in a recession. What a maroon.

I love when people quote Bugs Bunny!

[Sinergy 3]

Nothing yet today, hopefully tomorrow!!!

[Krikit 1,164]

I love when people quote Bugs Bunny!

[Dr. Obvious 49]

I want mine in euros....

Indeed.

[SaadBell 0]

Because I would not be using his stimulus package if I thought he was a moron.

It is your money man, you paid into it with your tax dollars, so you are saying you won't take your own money. PLEASE