Excellent! I want my money back. Woohoo $1,200 Better in my pocket than the bottomless coffers of the Treasury. Anyone who don't like it... should write out checks to the government....Like they say, you do not want your money, then YOU give your money to the government, but don't tell others they can't have theirs...Hollywood should write checks to the Treasury and stop getting on their pedestal and say what WE should do with our hard earned dough!
You're misinterpreting the tax rebate. It is an advance on next year's refund, but with lower taxes next year.
As an example, if you paid $5,000 in taxes on your 2007 income, and make the same amount in 2008 (and the same deductions, etc) you will only be responsible for $4,400 of taxes in 2008. You are gettign taht $600 now, instead of next year. If your refund was $1,000 this year it wil be $1,000 next year, PLUS the $600 you get now. It's not like your refund will only be $400 next year because of the check.
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