Even more about tax rebates

I don’t watch the news except on school mornings while I am getting the kids ready.  I got up today and searched the net to see is there any more news about the tax rebate.  This is what I found, I am not sure how much is true but I got the info from AOL news .

Some taxpayers will start getting their checks as soon as May.There are a lot of rules concerning who would qualify for what.  The Treasury Dept. wants to give money to people who are most likely to go out and spend it.

The whole things seems very confusing. If you worked last year and at least made $3000, you would get a rebate of $300. You would get this money even if you did not pay any taxes in 2007.

If you learned less than $3000 you will not qualify to get the rebate. Included in this group are the wealthy and older people who live soley on Social Security.

If you made more than $75,000 and are single or made more than $150,ooo as a couple you would still get a rebate check. It just would be smaller.

You do not have to be working to get a rebate check. If you are retired and living on a pension or unemployed you may qualify to get a check.

If you are middle class, it seems a little less confusing. Individuals would get $600, couples would get $1200.  The rebate will up $300 for each additional child.

People who made less than $75,000 would get a rebate that is the same amount as they paid in taxes. Couples who made less than $150,000 may get as much as $1200. If you made more than $3,ooo and owed no taxes or very little. You will get $300 or $600 if you are a couple.

Whewww! This is just too confusing! It seems like the only people getting left out are the rich and senior citizens. That does not make any sense to me. The seniors should get a little something right?

You can read more at AOL News   Boy does my head hurt

Related posts:

1. Our senior citizens and the tax rebate
2. If you do qualify for tax rebate, how much could you get?