Government Tax Rebate Checks...
Government tax rebate checks could soon be coming as the government attempts to jump start the economy and minimize the impact of a recession this year.
It looks like we should be getting them as early as sometime in May.
Congress and President Bush reached agreement on the size of the checks, and who will qualify to receive one.
The goal: to stimulate the economy by getting consumers to spend again.
- There will be a $1,200 family maximum
- Most individual taxpayers will receive a $600 check, with another $300 per child
The average American will think the Government is giving them a gift.
Uhhh... slightly mistaken!
We will not have to pay income tax on the checks, as they are an advance on next year's tax cut.
ARE WE GOING TO BLOW OUR TAX REBATE CHECK OR ARE WE GOING TO TAKE ADVANTAGE OF IT???
We have several options and a lot of people are thinking of paying off debt with it, or buying all that stuff we have been wanting to get, BUT REALLY, it won't go very far in today's economy AT ALL!!
For those of us that are already in a home based business of some sort - we need to be investing it into our business and reap returns from our investment all next year....
Perhaps we can increase our advertising budget or buy that new campaign managing software.
I had a good friend that did that in her business, she had extra money and time to put into her business one month and because of it, made over 30 grand that month!
Regardless how we look at it, by investing those government tax rebate checks - we at least, have a chance at increasing our income this year, and if we blow it at the mall, (which is what Uncle Sam wants us to, by the way!)... we are no better off than we were AND WE WILL PAY TAXES ON IT NEXT YEAR!

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