Rebates

I think the media is making a mistake. I know I know, that would be a shock now wouldn't it.

All the discussions about rebates to jump-start the economy have got reporters are mentioning the 2001 "rebates". If memory serves me correctly, in 2001 we all got checks from the government, but they weren't rebates. They were advances on our tax returns. In other words, the "rebates" was later deducted off our tax returns.

I haven't done the research to back up my memory, but then that makes me darned near a journalist now doesn't it!