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The IRS Making Sure Your Rebate Gets Spent

April 1st, 2008 by cassandra_m · 4 Comments

This was on Marketplace this evening:

Most taxpayers will get anywhere from $600 to $1,200 from Uncle Sam as part of the federal plan to stimulate the economy. But many taxpayers will use the money to pay down debts instead. So, the IRS isn’t taking any chances.

Listen to the segment here.

(There is a small ad at first, or you can skip that and see the transcript here.)

I’ve never heard Robert Reich make more important points.

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4 responses so far ↓

  • 1 jason330 // Apr 1, 2008 at 11:10 pm

    It was an excellent story. I was ready to come here and start a riot when I heard it.

    With Bush in the whitehouse eveything is plausible.

  • 2 RickJ // Apr 1, 2008 at 11:51 pm

    RYSSDAL: Oh, c’mon, check your calendars, everybody.

  • 3 Rebecca // Apr 2, 2008 at 6:57 am

    “We own the post office” was my final tipping point. By then it had gotten so outrageous I figured even Castle couldn’t have voted for it.

  • 4 jason330 // Apr 2, 2008 at 7:44 am

    RickJ,

    That was when the light bulb went off over my head.

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