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Tax Rebate 101

 
Has the government ever given anything away? It’s not possible as they are not a nonprofit. Let me explain this in simple terms. While they may print money, spend money, loan money to banks or, in this case, send a check to tax filers, it is all secured with tax “revenue” or future tax revenues collected from either you, your neighbors, your business or your neighbor's business. Money does not grow on trees. If it did, inflation would be infinite and U.S. currency would be worthless. The U.S. government is sending you a check drawn on the future revenues it will collect. Unless you die (a taxable event) before the government sends its personal collection agency (the IRS) to make good on the “loan” it’s sending you, prepare to pay them back with interest.


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