01-30-2008, 03:05 PM
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#23
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I think this line's mostly filler.
Join Date: Jan 2003
Location: DC
Posts: 13,575
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Here's a bit more detail, indicating the end of the phaseout block.
Quote:
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Those making at least $3,000 a year would be eligible to receive a check for $300. Those who pay income tax (earning approximately $50,000 a year and up for a two-income couple), would receive $1,200 rebates per family, or $600 for an individual, plus an additional $300 per child. These rebates would be phased out gradually for families with incomes between $150,000 and $178,000 a year (or for individuals with incomes between $75,000 and $87,000). Wealthier individuals and families would receive no rebate.
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