The package has your name on it and it's wrapped in pretty paper, and the item inside is something that's generally likable. It may not scream your taste, but it's the thought that counts, right? There are two arguments surrounding regifting: One that thinks it's a prudent time-saver, and one that says it's tacky.
Barbara Bitela, author of The Art of Regifting is among the supporters and said, "It's not really the price tag but the generosity in your heart when you step up to the plate, take the time to wrap it, put someone's name on it, smile and present it." Lizzie Post of the Emily Post Institute disagrees that regifting is acceptable and said, "I don't think just because the economy's bad, it gives you a reprieve to regift. Do homemade gifts, cut back on your list and let people know you can't afford to gift this year."