Rebate checks might soon be in your mailbox. As part of President Bush's stimulus package, income tax filers will receive between $300 and $1200 come may. Congress hopes putting money in American's hands will boost the economy, but Senator John DeFrancisco of Syracuse believes this is only a short-term solution, and we need to look towards the future. A recent poll shows American's will spend the money paying bills, filling up the gas tank, and getting out of debt. DeFrancisco says taxes should be lowered instead of a one time rebate check.
Here is more information and some guidelines to find out if and how much you will be getting back.
Source: Associated Press
Beginning this spring, more than 130 million people will get rebate checks from the government in amounts from $300 to $1,200.
No comments:
Post a Comment