Here are two items that I missed in yesterday’s WHAT’S THE BUZZ posting:
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* Kay Bell of DON’T MESS WITH TAXES brings us up-to-date on the status of the energy tax credit for Honda hybrid cars in her post “Honda Hybrid Credit Drops Again July 1”
* The George W Bush economic “stimulus” rebate election year bribe was supposed to save the economy because it was expected that upon receipt of the check Americans would all rush out and buy big-screen televisions or similar big-ticket items.
* The George W Bush economic “stimulus” rebate election year bribe was supposed to save the economy because it was expected that upon receipt of the check Americans would all rush out and buy big-screen televisions or similar big-ticket items.
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However an article from Thursday’s Star Ledger titled “Report: Stimulus Checks Spent on Gas; Higher Fuel Costs Eat Up Tax Rebates, Consumer Advocates Argue in Study” tells us that New Jersey residents have used the money to pay for gas instead.
However an article from Thursday’s Star Ledger titled “Report: Stimulus Checks Spent on Gas; Higher Fuel Costs Eat Up Tax Rebates, Consumer Advocates Argue in Study” tells us that New Jersey residents have used the money to pay for gas instead.
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According to the article - "The rebate check approach was created with the hopes that consumers would increase their spending on goods and services," said Brandi Kennedy, assistant director for the Montclair office of NJPIRG {New Jersey Public Interest Research Group - rdf}. "But as gas prices keep rising, American families have been pouring their stimulus money into their gas tanks."
According to the article - "The rebate check approach was created with the hopes that consumers would increase their spending on goods and services," said Brandi Kennedy, assistant director for the Montclair office of NJPIRG {New Jersey Public Interest Research Group - rdf}. "But as gas prices keep rising, American families have been pouring their stimulus money into their gas tanks."
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TTFN
TTFN
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