Will You Be Getting a $500 Tax Rebate?

The economy is looking somewhat troublesome right now, what with stagflation and  the possibility of recession. And what are some saying the answer is? Well, many think tax cuts are the answer.
Of course, in the past, this has usually meant tax cuts for the rich and businesses that are supposed to “trickle down” to stimulate the economy and help the rest of us (but usually don’t). However, President Bush, reports the Wall Street Journal, is apparently mulling a $500 tax rebate for all Americans.
The idea is to kick-start consumer spending again. But for most regular folks $500 isn’t going to …read more