TAX Rebates - Will Someone Tell Me How They are Going to Stimulate the Economy? I know this is election year, so my expectations for true innovation, hope and trust in the government have been turned off by my previous dissappointments. We have been all told the checks are in the mail, and not to worry! For those of us in real estate initially we thought it would boost our sales a little, but I don't think it will. The rebates aren't even good enough for a down payment. For those in retail, they were hoping that folks would run out and squander it on big screen TVs made overseas..., it probably won't. For those that live everyday, it is a small stipend that really does not amount to much more than providing you the funds to commute to work and pay the some of your gasoline bill for a month. The price of gasoline was never anticipated to rise this high, this quickly. I am listening to folks complaining of topping off their gas tanks to the tune of $50, and a fill up is more excruciating than ever! The price of filling a normal tank these days is almost $80. Let's times that by 4.5 fill-ups in a month...that equals $360. Do you own more than one vehicle? I do, and even when I switch off to the more economical of vehicles it is still painful to fill up a tank. So exactly what was this money supposed to do? What is it going to lubricate in the economy? Is it going to enrich big oil? Purchase products made overseas? And stimulate the economy how? It is your tax dollar, you tell me!
Well, gas prices hit us very hard, and there are 2 of us as realtors. We have an F150 and a Jeep Laredo Grand Cherokee. We live in the mountains, so what are we supposed to do with these cars? They are both gas guzzlers and we are spending between $200 & $300 per week on gas! As you know, we all live in our cars. The rebate is not going to do anything for the economy because there is not enough coming back to us for that. I may buy a new front door that would be more efficient than the one I have, or I may just pay a bill, like most other folks!