Taxing rebates

ThunderSnow · **Joined:** 04 Jun 2007 18:51 **Posts:** 164

I spoke with my Aunt in California today and she was telling me that Rebates will soon get taxed out there. Not sure if it is state or fed But Once other states get wind of it It could happen here! UGHHHHHHHHHHHHHHHHHHHHHHHHH

Frugal Fraulein · **Posted:** 09 Nov 2007 09:42

If this happens to us....does that mean that they will automatically deduct tax from our rebates or will we have to figure it?????

couponprincess · **Posted:** 09 Nov 2007 11:09

I do not know how they can do that, sounds like double taxing to me. Rebates are not income, they are a REFUND for what you already bought which you paid full tax on. That is how I atleast I see it.

dsnylvr97 · **Posted:** 09 Nov 2007 11:16

couponprincess wrote:

I do not know how they can do that, sounds like double taxing to me. Rebates are not income, they are a REFUND for what you already bought which you paid full tax on. That is how I atleast I see it.

You know, I think you're right. That's the way I see it too. Of course, we all know, government doesn't always see things the way we do! :evil:

ThunderSnow · **Joined:** 04 Jun 2007 18:51 **Posts:** 164

AMEN! To me it seem like a double tax too. so then lets say we buy something for 5.00 with a 3.00 rebate does that mean they can only tax me on the 2.00 actual cost then on the 3.00? going to be interesting. Don't we have enough worries in the world that our officials should be focusing on, instead of taxing our rebates? Humm maybe they should be fired? if taxing rebates is their priorities!! :!:

Karen_Perea · **Posted:** 09 Nov 2007 14:07

Hopefully this is just a rumor since I could find nothing about this on the internet!

Taxing rebates

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