Tax Rebates are Coming Soon!

The Tax Policy Blog posted this interesting article reminding everyone that tax rebates are coming soon. Over the past few days there has been a lot of talk about the country’s economy and emergency stimulus plans designed to increase American spending. However, as the Tax Policy Blog reminds us, billions of dollars in tax rebates are already scheduled to be sent out over the next few months. Last year "over $140 billion in individual income tax refunds were sent out from January 2007 through March 2007. Plus, another $78 billion was sent out from April through June."