Originally Posted by
sirpoopalot
Incorrect. It is indeed a "gift".
From the link below: "It's an economic stimulus payment that more than 130 million households will receive starting in May. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return."
http://www.irs.gov/newsroom/article/...179211,00.html
Actually, you're correct. If you "voided" it, it would be credited as a $600 prepayment towards your 2008 taxes, and you would get just that much of a larger refund next year. I don't agree with Bushnomics, either, (issue huge amounts of debt bought by China, in order to fund silly crusading adventures in the middle east in order to gain control of more oil)
If you really wanted to hedge your bets, buy silver!!
http://www.silver-investor.com/