The IRS Making Sure Your Rebate Gets Spent

Filed in National by on April 1, 2008

This was on Marketplace this evening:

Most taxpayers will get anywhere from $600 to $1,200 from Uncle Sam as part of the federal plan to stimulate the economy. But many taxpayers will use the money to pay down debts instead. So, the IRS isn’t taking any chances.

Listen to the segment here.

(There is a small ad at first, or you can skip that and see the transcript here.)

I’ve never heard Robert Reich make more important points.

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"You don't make progress by standing on the sidelines, whimpering and complaining. You make progress by implementing ideas." -Shirley Chisholm

Comments (4)

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  1. jason330 says:
    April 1, 2008 at 11:10 pm

    It was an excellent story. I was ready to come here and start a riot when I heard it.

    With Bush in the whitehouse eveything is plausible.

  2. RickJ says:
    April 1, 2008 at 11:51 pm

    RYSSDAL: Oh, c’mon, check your calendars, everybody.

  3. Rebecca says:
    April 2, 2008 at 6:57 am

    “We own the post office” was my final tipping point. By then it had gotten so outrageous I figured even Castle couldn’t have voted for it.

  4. jason330 says:
    April 2, 2008 at 7:44 am

    RickJ,

    That was when the light bulb went off over my head.

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