Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?

A. No, the stimulus payment will not reduce your refund or increase the amount you owe when you file your 2008 return.

Rock on! So Lisa and I should be getting a check for $1,200 back of that $2,400 we paid extra to Uncle Sam this spring. As a good boy, I intend to blow it all per the Government’s instructions! (well, OK, maybe I’ll only blow some of my half, because I’m too much of a tightwad to blow $600.) Let’s see, I can get…

• BDAG Greek Lexicon ($120)
• 171 Gallons of Gas (at $3.50/gal)
• 0.97 credit hours of tuition at Trinity ($615/hr)
• 20 days’ rent
• Nintendo Wii ($250) (impossible to find…)
• Some more Ibex clothes ($ ? – this is actually possible…)
• A new Graphics card for my computer ($100?)
• An HDTV tuner for my mac, so I can record Lost in HD ($150)

How about you? Are you going to be a good citizen and try to revive our economy with your extra cash? Just make sure it has a Made in USA sticker on it! (Sorry, shameless plug.)

Oh, yeah, and you better enjoy having cash, because rumor has it that the Government may just raise taxes by 4 times as much as they dole out in rebates. I hope those rich suckers are the ones that have to pick up the extra tab, ‘cuz I can’t afford more taxes!