The whole rebate thing is a giant slight of hand,smoke and mirrors, desperation hail Mary pass taken out of what's left in the empty bag of tricks the government uses to artificially stimulate the economy.The country is in debt up to it's eyeballs with no end in sight and they continue spending trillions on worthless pork barrel, frivalous impulse buying crap.I always say that we should have a limited form of government that taxes little,spends little and lets people keep what they earn.The hell with giving freebies to select special interest groups,individuals and companies.etc.
That said,how many people that feel this way are going to send back those rebate checks that are going to put the country further in debt that they are going to send us.hehe!
OK,so here is what I heard.It's going to be based on your income tax filing from a year ago,not this year.I see it from different standpoints.First off,the government didn't tellegraph giving these rebates on purpose because every bum in the country would have been selling junk at flea markets and on E-bay to qualify for the bare minimum qualifications to receive a rebate.The IRS would have been swamped with ridiculous income tax filings.I'm no accountant but maybe that can still happen with amended late filings from people who didn't declare income last year????
You have so many people in the black market underground economy who get paid in cash and that includes gamblers who don't declare income.Is there a loophole for these people to get the rebate where they could file a late tax form for last year?I suppose the penalty would cost as much as the rebate is worth.hehe!
Here is another take of mine.By the government dangling this carrot out to lure the shady characters who never filed an income tax form in their life ,is that a way to entrap the scoflaws into being revealed and to be put on report that they now have your information about you being in the underground economy?
True story,,many African Americans ''I have to be PC and not say blacks''were told a few years ago that the government was going to give them reparations.I can't remember exactly how you could file a form saying that anyway???but legend has it that either the IRS clerks were either so dumb,or so sympathetic that they gave them the deduction and the government never asked for the money back.Is that an urban legend or the truth?????
When Jesse Ventura was governor of Minnesota he gave rebates out and there were reports where 10's of thousands were fraudulent claims and the people in on the scam never paid a penny back.
There is a well known bank type promotion going on as we speak with very liberal terms and people are filing applications for dead people in their family and receiving the money.
That said,how many people that feel this way are going to send back those rebate checks that are going to put the country further in debt that they are going to send us.hehe!
OK,so here is what I heard.It's going to be based on your income tax filing from a year ago,not this year.I see it from different standpoints.First off,the government didn't tellegraph giving these rebates on purpose because every bum in the country would have been selling junk at flea markets and on E-bay to qualify for the bare minimum qualifications to receive a rebate.The IRS would have been swamped with ridiculous income tax filings.I'm no accountant but maybe that can still happen with amended late filings from people who didn't declare income last year????
You have so many people in the black market underground economy who get paid in cash and that includes gamblers who don't declare income.Is there a loophole for these people to get the rebate where they could file a late tax form for last year?I suppose the penalty would cost as much as the rebate is worth.hehe!
Here is another take of mine.By the government dangling this carrot out to lure the shady characters who never filed an income tax form in their life ,is that a way to entrap the scoflaws into being revealed and to be put on report that they now have your information about you being in the underground economy?
True story,,many African Americans ''I have to be PC and not say blacks''were told a few years ago that the government was going to give them reparations.I can't remember exactly how you could file a form saying that anyway???but legend has it that either the IRS clerks were either so dumb,or so sympathetic that they gave them the deduction and the government never asked for the money back.Is that an urban legend or the truth?????
When Jesse Ventura was governor of Minnesota he gave rebates out and there were reports where 10's of thousands were fraudulent claims and the people in on the scam never paid a penny back.
There is a well known bank type promotion going on as we speak with very liberal terms and people are filing applications for dead people in their family and receiving the money.
