The Monday Rave: Tax Rebates and Travel
Okay, we've heard you. A few folks (very few, in fact) have questioned the need for fostering negativity on Mondays. We say: Why not? But we're going to mix it up a bit from now on. So herewith is our first Monday Rave.
And could there be a better thing to rave about than Uncle Sam sending us money in the mail?
Starting today, about 130 million households are expected to start receiving the rebates According to the Associated Press, "The rebates -- up to $600 for an individual, $1,200 for a couple and an additional $300 for each dependent child -- are the centerpiece of the government's $168 billion stimulus package, enacted in February."
Now, I don't necessarily agree with the idea of giving people cash as a quick-fix for our economy, but in the spirit of Monday Raves, I'll set aside my quibbles and ask you: What are you going to spend your money on?
The Travel section has gotten a heavy does of e-mails on the subject. TripAdvisor surveyed 2,000 people and found that 16 percent of the respondents said they plan to spend all of their rebate on travel, and 39 percent said they'd spend part of it on travel. A USA Today Gallup Poll found similar results: One in five people said they'd spend their whole rebate on travel.
Around here, some of us are doing the same thing. John Deiner is using his rebate on a beach getaway to the Outer Banks. I'm still paying off my trip to South Africa (did you read my story about it yesterday?), so my check's going straight to the credit card company.
By Christina Talcott |
April 28, 2008; 6:16 AM ET
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