Rebates: Spend, Invest or Pay Off Bills?

http://finance.yahoo.com/taxes/article/104905/Rebates:-Spend,-Invest-or-Pay-Off-Bills? ^ | Thursday, April 24, 2008 | Barbara Mlotek Whelehan

[Scotswife]

we do alot of driving and we have alot of kids to feed.

Since our gov won’t drill on our own soil for oil, much of our “refund” will go to higher gas prices.

Since our gov thought it was a great idea to put corn into gas tanks instead of oil we could drill for - the rest of the money will be going to higher food prices to feed the kiddies we are driving around.

[MarkL]

In my case, I'll be spending my federal refund partially on the Outback Steakhouse dinner that I had over the weekend... For about $20, I had a really excellent "Tuscan Ribeye" steak, the best steak I've had in recent memory. It's a marinated ribeye. YUM!!! As for the remaining $200 of my refund, and the $300 that I should be getting as a rebate, well, that will just cover the $500 fee that I put on my credit card and paid to H&R Block to do my taxes this year.

Mark

[alarm rider]

I am going to take a couple of hundred off the top and buy a couple of cases of really good American beer, stock up on the popcorn and Buffalo Wings and watch the demonrat convention. I am hoping for fist fights, flying chairs and yelling from the podium.

[cherry]

well, ours will not even cover the taxes we paid back to the govt this year, nor the property taxes due in one week....

I guess we're supposed to be happy that we get to pay taxes because some poor people don't get that priviledge.../sarcasm/

[Diana in Wisconsin]

“Buy stock in liquor stores near colleges, because if the money flows before the end of the year, a lot of it will be going for kegs.”

http://www.vicefund.com :)

[Cash Back Real Estate]

I liked getting my $600 tax rebate last year. I wish they would consider doing that again. Also, Home buyer rebates are good for the economy. Money should go into the consumer's pocket for savings, paying off debt, or consuming.