East Texans Figure Out What They'll Spending Their Tax Rebates On - KLTV.com - Tyler, Longview, Jacksonville |ETX News

1/25/08-East Texas

East Texans Figure Out What They'll Spending Their Tax Rebates On

The government says it's official--most taxpayers will be getting some extra dough this tax season. Congressional leaders and the white house struck a deal Thursday on an economic stimulus package, costing in the billions. KLTV finds out what some of you say you'll be doing with that check in the mail.  

"Dough," "Moolah," "Cold Hard Cash"...whatever you want to call it's headed your way.  Well, for an estimated 117 million families, including many right here in East Texas.

The deal gives working couples $1200 and those with children, an additional $300 per child.  Individuals will get up to $600 and workers who make at least $3,000 but don't pay taxes, will get $300 rebates.

It's a 150 billion dollar deal, putting money back into the economy so KLTV wanted to know how East Texans plan to spend their check...

Tracie Williams from Tyler said: "My first gut feeling would be like buy a new couch or something cool that we've been wanting for a while but we'll probably end up saving it just because the economy is the way it is."

Lori Waterman from Chandler said: "My husband said he wants to build a computer."

Shirley Starr of Palestine said: " Pay down bills. That's it.

Gary Martin from Tyler said: "Unfortunately because my wife and  I are fortunate enough to make a good living, we're probably not going to much of any of one."

Carolyn Brooks of Carthage said: "I intend to put mine back [in the bank] and save it, for maybe if I get a trip or something for gas expense."

Elizabeth Lenz from Palestine said: "We'd probably pay off some bills and pay more on our car."

Doyce Barrett of Emerald Bay said: "TThat's what they want the public to do it, is to spend their money, so if I put it in the bank, my wife will spend it for me."

If it sounds almost too good to be true, well, there are some limitations. The rebates are only available to individuals whose income is $75,000 or less and working couples with incomes of $150,000 or less.

As for those of you who haven't figured out what you'll be spending yours on, no worries, you've still got about five months to do so because the rebates are expected to go out as early as June.

Tracy Watler, Reporting tracy@kltv.com

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