Showing posts with label Federal Tax Rebate. Show all posts
Showing posts with label Federal Tax Rebate. Show all posts

Tuesday, May 6, 2008

Will Charities Benefit from the Tax Rebates?

Distribution of the federal tax rebates began last week. While, stores are offering all kinds of deals to get Americans to spend their rebates on consumer goods, charities are hoping you’ll donate your rebate.

What’s the probability that will occur?

According to a CNN/Opinion Research Corporation Poll, the chances are pretty slim. Of those polled, most planned to save their rebate (32%), use it to pay off their bills (41%), or spend it (21%). Only 3% of the respondents expressed an interest in donating their rebate to charity.