DD said the instructor brought it up again in class yesterday, and now added that the capital gains tax will be higher next year, and the income brackets may change as well....
The same instructor told the students last semester in Tax 1 (name of the class-now its Tax 2), that Bush would be giving an $800 or $1600 rebate this year. When DD told people she was told this in class last fall, people told her she heard wrong or was nuts. Now announcements about this have been made public.
So this maybe something that they are still working on that has not been announced yet?? The instructor also works for the IRS. This is a night class the instructor teaches. DD is a 4.0 student graduating at the end of the semester with 2 math degrees and 1 minor. So, she isn't the sort to just hear stuff half way and get it wrong.
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