I was wrong. But you're not 100% correct, either. The 2001 taxes (next years) are supposed to be at a lower percentage. The logistics of doing that for the immediate tax season are far too complicated for the IRS to handle. The "rebate" is indeed for next Aprils tax return, but nobody will have to pay it back if they pay no income tax next year, nor will anybody who paid no income tax for their 2000 return get any of the rebate even if they DO pay income tax in 2001. Therefore, it is indeed REALISTICALLY a rebate for last years return, but Bush had no way to do that since he assumed office after many have already paid their taxes. Call it what you like, but the technicalities do not override the actuality of the facts. It is Not a sham, as you claim, but rather a clever loophole to provide Bush with what he intended: IMMEDIATE tax relief. Either way, although no formal wager has been set I will live up to my end of the deal. Shoot me your address at
[email protected] so I can send off some pre-rebate smokes.