I have a little update on anther 2009 Tax Stimulus Rebate. As part of the multi trillion dollar bail out that the government is putting together to deal with mortgage / housing crisis, lawmakers have proposed building in another Tax Stimulus Rebate to help spur consumer spending. They are referring to this as Son of Stimulus. There is still no final decision or details as to how much the rebate would give each of us, but as details emerge I will let you know.

In other tax rebate related talk, Barack Obama, as part of his campaigning, is proposing that Americans receive another tax rebate. This time you would see $1000 to help offset the rising price of gasoline and to spur spending. How will this be paid for you ask? His idea is to get it from a tax on the oil company profits. Obviously since Barack is using this as a campaign tactic this could take months even if he takes office in January. I have a feeling we will see something sooner from Bush to give the republican campaign a little shot in the arm.

Will the 2009 Tax Stimulus Rebate be a reality? Only time will tell, but at the rate the economy is sinking I am definitely optimistic.

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