Ummm...I don't know the ins and outs but I was advised by my MIL (who is also a licensed tax preparer) to ask for more federal taxes be w/held because this could come back and kick us in the butt. Now, from what I understand, the stimulus check from last year shouldn't have to be claimed as earned income for most people. It depends on how you file...married...married but single...how many dependents, etc. This is different as in if you don't know exactly WHAT tax bracket you fall in to, you may end up owing for an extra few dollars a month.
I would adivse everyone to contact a tax consultant or advisor to verify all info.
I'm sorry, to me, this is like throwing out bread crumbs to pidgons and have them all eat the bread crumbs and looking for more. The poor birds will come back for more, but like any "group" we will just follow the leader, regarless of where he actually leads us.
Yeah...this was a GREAT idea....