So, what are you going to do with your tax rebate?
The Norman Transcript
Taxpayers who owe no income taxes, but earned at least $3,000 in income from Social Security and veterans' disability, will get rebate checks of $300 for individuals and $600 for couples.
And while a few extra thousand dollars in the middle of the year is appealing, for some families those tax rebate funds might not make it to the electronics store.
Especially not with gas at the $3.50 per gallon.
Instead of splurging, many area families say they will either be saving their rebates or using the funds for necessities, such as clothes, food or, yes, even gas.
That's the case for Maylene and Steve Sorrels or Moore and their 10 school-aged children.
"If we have anything left after a truck payment, it will probably go for clothes and shoes for kids," Maylene said.
"I know Steven would like a life-time hunting and fishing license and I'd like to have a zoo or science museum pass, but the rest might just be put up and held on to until school starts."
While the Sorrelses were told to expect a large rebate, Maylene said they won't believe it until they have the money in the bank.
"We were told we were going to be getting one," she said. "But we sure don't want to hold on to false hopes."
In Norman, Pioneer Library spokesman Gary Kramer -- who said he's expecting a $1,200 rebate -- plans on socking his check in the bank.
"We'll probably just put it in savings," he said. "We just purchased a vacation home and it just makes me feel more fiscally responsible to save it -- at least for a week."
A few residents said they would spend the money -- should they get a check.
Brenda Roberts, the executive director of the Moore Chamber of Commerce, said she and her husband Dave would like to use the funds to renovate their kitchen.
"Oh there are 1,000 things I would do with it," she said. "I'd like to invest in the kitchen, do the whole schmear: the floor the cabinets and the counters -- but I'm not sure we're gonna get a rebate."
It's taxpayers like the Robertses, Krutz said, who federal officials are hoping will spend their rebates.