# That wasn't a refund..

**URL:** <https://boards.straightdope.com/t/that-wasnt-a-refund/76032>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [August 13, 2001, 2:40pm UTC](https://boards.straightdope.com/t/that-wasnt-a-refund/76032 "2001-08-13T14:40:03Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Skywatcher](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/skywatcher/32/254_2.png) [@Skywatcher](https://boards.straightdope.com/u/Skywatcher)\
**Post date:** [August 13, 2001, 2:40pm UTC](https://boards.straightdope.com/t/that-wasnt-a-refund/76032/1 "2001-08-13T14:40:03Z")

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it was an advance! Condensed from [Snopes](http://www.snopes.com/inboxer/outrage/rebate.htm):

The tax cut resulted in us paying $300 (or whatever) less in income tax than we would have without the cut. In other words, the $300 (or whatever) would have come next spring anyway. Thus, it’s not a refund from last year, it’s an advance on this year. Plus it expires in 10 years, then we’re back where we were with out the cut.