Tax Rebates Unlikely to Boost Slumping Restaurant Industry
How I see it as a small, young fish in a large, old pond...
Technomic Finds Tax Rebates Unlikely to Boost Slumping Restaurant Industry
This article lists a breakdown of how surveyed consumers will be spending their tax “rebates”, which hopefully everyone is already aware that this is just a subtraction from our 2008 tax refund. Looking at this article, my first concern is that it doesn’t even list how many people are surveyed. I don’t have a second concern, but I have a question…who is assuming that the tax rebates were supposed to go to restaurants in the first place? A restaurant isn’t a major invest that somebody can’t frequent without their $600. I realize it has to do with discretionary money, but I would imagine more than 9% of the people surveyed will be eating at a restaurant. The most commonly planned use of tax rebates is listed as “Put it in the bank” followed by “Pay off credit card debt”. It also lists that 9% will be taking a vacation, which I would imagine they would be spending money at a restaurant if they were not home (unless they are like my father, and bring Peanut Butter and Jelly sandwiches’ everywhere). That raises the percentage of people who would be eating at a restaurant, regardless of the fact that more than one answer was accepted for this survey. I wonder where “Saving for the gas price hike” would have placed. Me…I bought a new cell phone, paid for a fancy haircut, and paid off some credit card bills. You?
Technomic Finds Tax Rebates Unlikely to Boost Slumping Restaurant Industry
This article lists a breakdown of how surveyed consumers will be spending their tax “rebates”, which hopefully everyone is already aware that this is just a subtraction from our 2008 tax refund. Looking at this article, my first concern is that it doesn’t even list how many people are surveyed. I don’t have a second concern, but I have a question…who is assuming that the tax rebates were supposed to go to restaurants in the first place? A restaurant isn’t a major invest that somebody can’t frequent without their $600. I realize it has to do with discretionary money, but I would imagine more than 9% of the people surveyed will be eating at a restaurant. The most commonly planned use of tax rebates is listed as “Put it in the bank” followed by “Pay off credit card debt”. It also lists that 9% will be taking a vacation, which I would imagine they would be spending money at a restaurant if they were not home (unless they are like my father, and bring Peanut Butter and Jelly sandwiches’ everywhere). That raises the percentage of people who would be eating at a restaurant, regardless of the fact that more than one answer was accepted for this survey. I wonder where “Saving for the gas price hike” would have placed. Me…I bought a new cell phone, paid for a fancy haircut, and paid off some credit card bills. You?
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