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Archive for November 14th, 2008

Money and Economy: “Taxpayers Get Second Chance at Stimulus” By Yahoo.com

Posted by yopi on November 14, 2008

“Remember those economic-stimulus checks the government was handing out this year? Many taxpayers didn’t qualify for the full amount — or for any payment at all — because their 2007 income exceeded a certain threshold.

But many people who lost their jobs this year, or whose incomes fell for some other reason, will get a second chance next year, thanks to a little-noticed tax-law twist.

…Huge amounts of money are involved. About $10 billion will be distributed next year in rebate credits, says Treasury Department spokesman Andrew DeSouza…”

Full article at: http://finance.yahoo.com/taxes/article/106140/Taxpayers-Get-Second-Chance-at-Stimulus

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