Under the deal, nearly everyone who earned a paycheck in 2007 would receive at least $300 from the Internal Revenue Service -- $103 billion in total. Most people would receive rebates of $600 each, or $1,200 per couple. Families with children would receive an additional payment of $300 per child. Workers who earned at least $3,000 last year -- but not enough to pay income taxes -- would be eligible for $300.and how is the gevernment paying for this? oh yeah, we'll just borrow it.
Overall, 117 million families would receive rebate checks... Rebates would be limited, however, to single taxpayers with adjusted gross income up to $75,000 -- up to $150,000 for couples.
Friday, January 25, 2008
the stimulus bill
it looks like i'm in for $600. i bet you i will not see a thing.