Thursday, January 24, 2008

Deal completed for tax rebates in June (AP)



Federal tax forms on display at a U.S. Post Office in Palo Alto, Calif., Friday, Jan. 18, 2008. Taxpayers could receive rebates of up to $800 for individuals and $1,600 for married couples under a White House plan. Although lawmakers were considering smaller rebate checks and more money for food stamp recipients and the unemployed, Bush told congressional leaders that he favors income tax rebates for people and tax breaks for business investment. (AP Photo/Paul Sakuma)AP - Democratic and Republican congressional leaders completed a deal Thursday with the White House on an economic stimulus package that would give most tax filers refunds of $600 to $1,200, and more if they have children.




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