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How Are Tax Payers Spending Their Rebates?
PlusHow Are Tax Payers Spending Their Rebates?How Are Tax Payers Spending Their Rebates?The Associated PressChicagoan Vanessa Church already spent her tax rebate. The Associated Press analysis of the spending of a small diverse group of consumers shows there was no mass rush to the malls for shopping sprees. (May 30)[Notes:ANCHOR VOICE] (insert file video of rebates being printed/video of Vanessa Church) TAX REBATES ARE ENTERING THE ECONOMY THROUGH PERSONAL CHECKING ACCOUNTS AND VANESSA CHURCH HAS SEEN HER REBATE ARRIVE AND DISSAPEAR. Vanessa Church "As soon as I found out about it, it was earmarked." (video of Church working in her office) AS A MOTHER OF SIX, CHURCH SAYS HER $1,200 REBATE WAS CLAIMED BY HER KIDS GRADUATIONS, A CELL PHONE BILL AND A POWER BILL FROM THIS WINTER...DASHING ANY HOPES OF SPENDING IT ON SOMETHING FUN. Vanessa Church"I would have loved to have it all in savings. It would have been nice to put it towards a vacation." (video of Professor Thomas Smith) UNIVERSITY OF ILLINOIS AT CHICAGO ECONOMICS PROFESSOR THOMAS SMITH SAYS MANY PEOPLE RE PAYING DOWN BILLS INSTEAD OF BUYING ITEMS THEY WANT. Thomas Smith/Economics ProfessorI'm not looking at the rebate check as one big bonus, I'm looking at it and saying Oh I can actually drive around this summer."(file of gas pumps) ONE $600 REBATE IS LIKE GETTING 10 FREE TANKS OF GAS FOR PEOPLE WITH 15 GALLON TANKS.(file of spending money) AS INDIVIDUALS ARE TRYING TO FIGURE OUT WHAT'S NEXT FOR THEM FINANCIALLY, THE FEDERAL GOVERNMENT IS TRYING TO PREVENT THE ECONOMY FROM GETTING WORSE. SMITH SAYS IT WILL LIKELY BE SOME TIME BEFORE WE KNOW WHAT THE ECONOMIC IMPACT THE REBATES WILL HAVE. Thomas Smith/Economics Professor"For those kinds of policies you won't see anything occur for months and months and sometimes years." Vanessa Church"I had to keep it real. I don't think I need another TV." (video of Church) THE IMPACT ON CHURCH'S FINANCES WAS IMMEDIATE AND MUCH APPRECIATED.HOWEVER, SHE STILL WOULD LIKE TO BE ABLE TO AFFORD THAT DREAM VACATION FOR HER FAMILY. MARK CARLSON, AP, CHICAGO.(****END****) ANCHOR VOICE: MCarlson-------------------------VIDEO PRODUCER:MCarlson,NHawkins------------------------------VIDEO SOURCE: AP, file--------------------------VIDEO APPROVAL: EFreeland------------------------------VIDEO RESTRICTIONS: N/A----------------------------------SCRIPT/WIRE SOURCE: N/A------------------------------------
Length: 98
Rating: 5.00 (2 ratings)
Tags: stimulus rebates tax payers spending rebates?
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Rebates From Linens N Things Go Missing
Priscilla and Mario Romero spent $1,000 on draperies, hardware and hooks at Linens N Things in Citrus Heights so that their cats would have a space to look out the window.
Length: 140
Rating: 5.00 (2 ratings)
Tags: KCRA 3 Sacramento Linens N Things
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Grocery Shopping on a Budget : Using Rebates for Frugal Grocery Shopping
Learn how you can use rebates to save money on groceries with expert tips on frugal grocery shopping on a budget in this free video clip.
Length: 68
Rating: 0.00 (0 ratings)
Tags: free videos how to frugal grocery shopping lists budget saving tips
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The New Tax Rebates: What's In It For You And The Economy?
Executive Tax Director Breaks Down What President Bush's
Economic Stimulus Package Means for Taxpayers
An estimated 130 million taxpayers are eligible to receive their share of $168 million in economic stimulus payments beginning in May. But, questions remain about how much people will get, when they'll get it, and how the infusion of cash affects taxpayers' bottom lines this year and in 2009.
Some taxpayers aren't even sure if they qualify for a stimulus payment, and if they do, how they should go about getting it. Amy McAnarney can address all of the questions about the economic stimulus package, including: who is eligible, how much money can they expect to get, when will the money be distributed, and -- the question that confuses most people -- how the economic stimulus package affects taxpayers' 2007 and 2008 tax returns and refunds?
Talent/Guest: Amy McAnarney/Executive Director, H & R Block Tax Institute
Amy McAnarney is the executive director of the Tax Institute at H&R Block. McAnarney is a CPA with more than 18 years in public accounting and executive finance positions.
Produced for H & R Block
Length: 158
Rating: 5.00 (1 ratings)
Tags: taxpayers Bush economic stimulus tax returns
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Rebates Start Going Out: How Will We Spend?
Tax rebates have begun dropping into bank accounts, but in this economy, gas and groceries may trump a high-end TV, a fancy dress or a new sofa. That makes the checks less of an economic jump-start than the government hoped for. (April 28)
Length: 116
Rating: 5.00 (1 ratings)
Tags: tax rebate rebates out: spend?
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Roseville Rebates
The turn of the century was a good time for Northern California Energy Consumers thanks to the visionaries at Roseville Electric. Here you had a utility company that really wanted you to USE LESS ELECTRICITY! They knew that since demand was growing in California it would be a win-win for us all engage in what they called "Peak Load Shaving" -- using conservation and renewable energy to offset the peak loads that cause blackouts and brownouts and cost the state millions in lost revenue. Let us hope that during these dire times other utilities catch the green fever that Roseville was so good at promoting!
Length: 61
Rating: 0.00 (0 ratings)
Tags: Green energy conservation
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