> I think that when the first round of rate hikes hit the adjustable loans > this spring and summer then America will get the bitch slap the "markets" > have been afraid of for the last 3 months. Suddenly Americans will look > at > debt and realize that it sucks. I am guessing that those checks you will > receive late spring will go against debt instead of just will full > spending. > -- > Stephen Russell > Sr. Production Systems Programmer
You are very close. The refund checks that will be going out in May are not a tax reduction. What will happen is that the amounts will be charged against your 2009 income tax refund. People are going to be surprised in April, 2009 when they will not receive the normal refund they were expecting. Most people normally have too much tax taken out during the year and expect to get back a certain amount. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
