Shoppers will spend rebates on necessities

pay taxes..they are killing me ..THAT IS HOW I USE MY CHECK

Everyone I know is going to catch up on delinquent bills or pay off some others. I know of no one who is going on a shopping spree.

My wife and I will use the rebate to stock up on groceries and put the rest towards debt. We won't be using said rebate to go buy "more stuff." With gas prices out of control and the Bush administration doing nothing about it, I'll be damned if I'm going to just spend and spend for stuff. It used to cost me $25 to fill up my truck. It now costs me $70 so maybe it's a plan by the administration for Americans to put the rebates in the pockets of the oil company executives!

Alan
Colorado Springs, CO

I will take a drive from my home in San bernardino Ca, to San Francisco for the weekend.

...Straight into savings!

I plan to fill my car up a total of 6 times. Some economic stimulus! It will all go to Bush's oil friends.

I think I might be missing something here but has anyone seen anything about the stimulus checks that address when people who had to pay the IRS will be receiving their checks? There are lots of references to "Direct Deposit" and then something about paper checks. Are those of us who had to pay this year included in the paper check group?

Paying off my tax bill.

put into savings for a rainy day have a feeling one will be coming

My wife and I will be giving our rebate money to charity.

While I wish I could spend it all on a new camera, or some other fun toy for myself. . .I have a college loan I need to pay off and some unpaid medical bills still coming in the mail. Half will go towards college loans and the other half will go towards dental bills.

It will buy me a little peace of mind for a short time.

Hey, from someone who feels like she is getting free money when she returns an item for cash, I'm not exactly the one to ask, but, I do think it's smart that I'm paying off a car loan that has been sapping me monthly for too long. Listen my children; if I see a fair excess at the end of the month, I might send some your way. Isn't that nice of your old Mom?

Stimulis? What a joke..... Most of the check I have coming will go to paying my tax bill, and the rest will be used to feed my hungry kids. By then I might have enough left for a tank of gas. You want to "stimulate" this economy? Then you'd better find a way to put more money in the pockets of it's citizens on a long term basis, not just a one time payment that isn't even equal to one paycheck!!

I am a disabled veteran. I don't pay any taxes because I don't work. I could have submitted tax forms and got a rebate check, but I didn't. That is because the money I would have received would have eventually have to be paid back to the government from tax payers. All the money the government (gives us) is just a loan, who knows the interest rate.

I will pay a few bills and maybe buy a tank of gas and that will do it for this free money!

4.1 weeks of gas for me and my wife at $4.00.

When Bush took office, gas was $ need I say more about Bush and his "stimulus package"?!?

I'm going to Europe for 17 days. It will help pay. Interesting thing, these lousy Democratic tax rebates will largely just pay the expenses associated with filing taxes. :)

I wish I could buy myself something I've wanted for a while, but I need to tune up my truck and get a brake job done on it. Plus, I have severe ice storm damage (thanks FEMA for your don't give a crap about Oklahomans attitude - just remember, what goes around comes around!!!! And it can't come soon enough to suit me - why don't you all just take a long walk on a short pier and put yourselves out of your misery!!!!!) that requires repair so that's where the rest will go. Of course, that will hardly make a dent in all the tree damage that still requires clean up as I'm going through a chainsaw chain every weekend and I'll still be cutting up wood come Christmas!!!!

I will use the money to pay bills, buy gas, or buy groceries. I may also save it to use toward possible medical copays and prescriptions. Blowing the money is not an option, there is too much instability, might need it for an emergency. I also might use it to buy gold.

Some clothes for my kids for the summer then the rest in savings. I have a son graduating high school next year and will need it then (pictures, invitations, etc). Thank God I will have this since the rest of my money has to pay for the over priced gasoline!!

Peggy, while I'm not 100% sure I think it follows logic that if you paid the IRS bill via check that you will receive a paper check. If you selected a direct draft from your checking account (EFT--Electronic Funds Transfer) that the funds would be deposited electronically.

I hope this helps.

Unrelated note: Does anybody else understand that this will provide a "one-time" pop to GDP and leave us in the exact same scenario for Q3 '08? GDP will still suffer a "decline" as growth won't be there. I'm sorry, the only way to boost GDP over the long term is to invest in capital goods (things that promote production). If people invest the money in business or even savings accounts it could provide a longer term boost by easing the credit crunch and keeping interest rates lower for borrowers. Paying off Credit Cards could help in a similar way and could be of larger value to the individual in terms of mental health. But to be honest, while I'm pleased to be getting some of my tax money back--I recognize this is a really stupid hair-brained scheme that does nothing over the long haul.

Unfortunately, I plan on helping Bush and his oil cronies by using my money to fill my, and my daughter's, car with gas. This will be good for about a month or two. I'm sure crude prices will rise despite this. This is such a sham.

By putting my economic stimulas check onto an outstanding balance on a credit card, I can pay that card off quicker, and have more of a balanced budget to work with, allowing me to spend within reason in ongoing pay periods. It is not a bad thing to pay down or pay off a credit card if it makes your paycheck go further in the long run. I'm all for stimulating the economy, but would like to stimulate it with cash spending after debts have been settled. It would be more enjoyable.

I'll be using mine to pay my property taxes.