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View Full Version : Is IRS Tax Rebate merely an Advance Payment?




candidatecommentary
02-14-2008, 12:35 PM
I heard today that the IRS stimulus rebate is actually an "advance payment" on your future tax rebates. I found this IRS page which refers to "advance payment" twice, but it is not crystal clear what they mean when they say this:

http://www.irs.gov/newsroom/article/0,,id=179095,00.html

nullvalu
02-14-2008, 12:39 PM
I've heard that as well but am not clear on the specifics. Does this mean we have to file it as income next year? Or this amount will come out of next year's refunds?

cswake
02-14-2008, 12:40 PM
http://answers.yahoo.com/question/index?qid=20080213180514AADTHJ0

UtahApocalypse
02-14-2008, 12:46 PM
I have a ton of questions on the Rebate plan.

1) How do you find out if you qualify, and for how much?
2) Do you have to file to receive the Rebate?
3) My Dad is retired and on SS. Will he get anything?

mczerone
02-14-2008, 01:16 PM
I have a ton of questions on the Rebate plan.

1) How do you find out if you qualify, and for how much?
2) Do you have to file to receive the Rebate?
3) My Dad is retired and on SS. Will he get anything?

1) They tell you, they tell you.
2) Yes
3) I'm sure he'll receive a check for about $300.

robert4rp08
02-14-2008, 01:16 PM
I have a ton of questions on the Rebate plan.

1) How do you find out if you qualify, and for how much?
2) Do you have to file to receive the Rebate?
3) My Dad is retired and on SS. Will he get anything?

The answers to your questions are here: http://www.irs.gov/newsroom/article/0,,id=179095,00.html

Revolution9
02-14-2008, 01:35 PM
I've heard that as well but am not clear on the specifics. Does this mean we have to file it as income next year? Or this amount will come out of next year's refunds?

US Government Targets Its Own Citizens In Massive Tax Rebate Fraud

By: Sorcha Faal, and as reported to her Western Subscribers

In what one Russian Economist has stated is ‘the most massive fraud in human history’, the United States has targeted its own war weary citizens for financial destruction with the passage of new law that the American people, being told by their propaganda media organs, believe will give them tax rebate checks up to $1,200.00.

Dr. Tatyana Koryagina, of Russias Ministry of Economic Development, and who accurately predicted the September 11, 2001 attacks upon America, states that this new US Law, titled “Recovery Rebates and Economic Stimulus for the American People Act of 2008”, and to be signed into law by President Bush, does not, in fact, give any money at all to the American people, but instead is a loan on taxes for money earned by US citizens during 2008.

Dr. Koryagina states that the deception by the US War Leaders against their own people is contained in the very words used in this new law, and which says: “SEC. 6428. 2008 RECOVERY REBATES FOR INDIVIDUALS.`(a) In General- In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by subtitle A for the first taxable year beginning in 2008 an amount equal to the lesser of--`(1) net income tax liability, or`(2) $600 ($1,200 in the case of a joint return).”

The significance, Dr. Koryagina points out in understanding the exact wording of this new law, lies in the section name that states ‘rebate’ (a return of part of the original payment for some service or merchandise; partial refund), but in the actual wording of the law states that these monies are a ‘credit’ (an entry of payment or value received on an account) against imposed taxes for 2008.

Dr. Koryagina’s report to the Kremlin further points out that this new law is, in fact, a deceptively engineered ploy by the United States to pump billions of dollars into their failing banking system as nearly half of Americans (currently staggering under a record $2.5 trillion in personal debt), in a new poll conducted by International Council of Shopping Centers and UBS Securities, have stated they will use these checks to pay off creditors.

An American economist, Peter Morici from the University of Maryland, has also noted the odd ‘coincidence’ that the amount of monies under this new law equal the massive losses incurred by US banks from their loan debacles, and as he states:

“It’s a good thing [US stimulus package] , but it’s not enough to head off recession. We’re talking about $150 billion, so this roughly offsets what the banks have lost” in soured housing investments."

The greatest affect of this new law upon the American people, states Dr. Koryagina in her report, will be felt in 2009 when these ‘rebates’, given to them in 2008, will become due against their taxes, and which will push vast numbers of them into financial freefall.

In just one of the many examples Dr. Koryagina has complied in her report: an American married couple with 3 children would receive $1,200.00 for the man and wife with an additional $300.00 for each child, bringing the total to $2,100.00. But, with the average US Tax Refund amount being just over $2,500.00 per family, this exampled family would see no tax refund at all in 2009.

To the American people themselves there appears to be no understanding of the massive fraudulent complexities involved in the destruction of their way of life by their War Leaders, but, to the full extent of dangers posed to mankind by the monsters controlling the US they have left no doubt as to the depths of depravity they intend to plunge us all into, and as we can read as reported by the Reuters News Service in their article titled "US says no one too young for Guantanamo court", and which says:

"But a U.S. Department of Justice attorney, arguing for the prosecution, said that if Congress intended to exclude juveniles from the Guantanamo war court, it would have explicitly written that, because lawmakers knew Khadr could face charges. Instead, Congress wrote the law using the term "person," which legally refers to "anyone born alive," Justice Department attorney Andy Oldham said."

One cannot but shudder in fear for the American people having to live under such a despotic regime that sees nothing wrong with jailing “anyone born alive”, and the comparison of this US Officials statement with those of last century’s German Nazi Regime does indeed raise the specter of the wholesale jailing of American men, woman and children.

All that is needed now by the war mongering US War Leaders to totally destroy their own citizens is the total collapse of their economy, and which this new law will surely accelerate.

© February 9, 2008 EU and US all rights reserved.
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Basically a scam to get the central banks afloat and get everyone into the adhesion contract system. I don;t want it and refuse to apply for it. i am not a pauper and will not be treated as such by these clowns. I do not need their scamcash. I will toil by the sweat of my brow for my life needs and wants. Like all my ancestors did.


HTH
Randy