Like most American taxpayers, you probably received a letter from the IRS recently ... and after that brief moment of panic, you probably opened it to read the following:
We are pleased to inform you that the United States Congress passed and President George W. Bush signed into law the Economic Stimulus Act of 2008, which provides for economic stimulus payments to be made to over 130 million households.
Sounds pretty good, doesn't it? "Stimulus payments" of up to $1,200 per household, more for families with children. Like one of those sweepstakes letters, only the check really is in the mail.
You got that letter -- which cost $40 million to mail, by the way -- for a good reason: Politicians like Congressman Todd Akin, who voted for the Economic Stimulus Act of 2008, want to make sure you know that they are "giving you money." And lest you forget, you can expect another self-congratulatory letter before you get your check.
Make no mistake about this: I don't begrudge you that $1,200. But let's think this over for just a minute. Where did that money come from? Or, rather, where will it come from?