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IRS spending $42 million on rebate reminders

Submitted by Rick Honcho on Saturday, March 8 2008No Comment

This may stimulate the Postal service….how stupid is this .

At a cost of nearly $42 million, the IRS wants you to know: Your check is almost in the mail.
President Bush signs the economic stimulus plan at a ceremony last month.

The Internal Revenue Service is spending the money on letters to alert taxpayers to expect rebate checks as part of the economic stimulus plan.

The notices are going out this month to an estimated 130 million households who filed returns for the 2006 tax year, at a cost $41.8 million, IRS spokesman John Lipold confirmed.

That works out to about 32 cents to print, process and mail each letter. It doesn’t include the tab for another round of mailings planned for those who didn’t file tax returns last year but may still qualify for a rebate.

Democrats accused the Bush administration of wasting time and postage.

“There are countless better uses for $42 million than a self-congratulatory mailer that gives the president a pat on the back for an idea that wasn’t even his,” Sen. Charles Schumer said Friday, arguing the IRS could more effectively spend the money to catch tax cheats.

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