I am just curious what everyone thinks of the tax rebates that we will be getting as part of the economic stimulus package. . . there are lots of people who feel strongly one way or the other. Personally, I am thrilled with the idea of getting some extra money! Since we are building a house (if it EVER gets started), we can use all the extra cash we can get. There seems to be some confusion about how this rebate will affect next year’s taxes. From everything I have read, it in NO way affects 2007 or 2008 taxes. You will not have to claim it as income and it is not an “advance” on your 2008 taxes. Since I don’t know how the government works and makes all her decisions, I don’t feel like I can rightly say if it is a good or bad thing. I read lots of comments about this on another website and boy was it lively! Here is a link to the irs website with a little more information. I was just wondering what you thought about it and what you plan to do with the money you will receive!