Monday, June 30, 2008

Who foots this bill?

As I've noted a few times in My Economic Stimulus, the IRS is quite busy fixing mistakes that sprung from the Economic Stimulus Plan of 2008.

Hard to believe there have been so many issues. Here's the latest about taxpayers who received their stimulus money, but not their kids' $300. An additional 230,000 checks will be mailed in July. So let me do some quick figuring: 230,000 multiplied by the now 42 cents for a first-class stamp. Wait, the IRS probably qualifies for bulk-rate postage. Well, to quote Mike Rowe on the episode of Dirty Jobs I watched last night, "that's a lot."

Of course, I really shouldn't give the IRS a hard time. First of all, I already got my $600. Second, I too manage projects and know that even the easy ones (wait, especially the easy ones!) have screw ups.

Hoping to put together a pie chart showing the balance of $600 after I've invested some of it. More info to come ... Sphere: Related Content

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