I was shocked when I heard over the weekend that if you got some of the earned tax credits, like the education or child care credit, you would not receive a rebate.
I heard that he was increasing the Earned [sic] Income Tax Credit. Regardless, his campaign platform called for tax-cuts for those who pay federal income taxes, not give-aways to the good-for-nothings of society.
In the same report, I heard that this is not really a tax refund, but more of a tax credit - towards the 2002 taxes.
That is not true according to all of the sources I have seen.
"Q. How quickly will the tax cut provide rebates to taxpayers? A. The Treasury Department will begin sending out refund checks of between $300 and $600 beginning July 20. " http://www.msnbc.com/news/527316.asp
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