Friday, January 25, 2008

the stimulus bill

it looks like i'm in for $600. i bet you i will not see a thing.
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.

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.
and how is the gevernment paying for this? oh yeah, we'll just borrow it.

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