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March 5, 2021
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ECONOMY-STIMULUS-MICH
(2008-01-25)
(wgvu) - CONGRESSIONAL LEADERS HAVE ANNOUNCED A DEAL WITH
THE WHITE HOUSE ON AN ECONOMIC STIMULUS PACKAGE THAT WOULD GIVE
MOST TAX FILERS REFUNDS OF 600 TO 1,200 DOLLARS -- MORE IF THEY
HAVE CHILDREN.
ANDERSON ECONOMIC GROUP OF EAST LANSING LOOKED AT IRS DATA FROM
2004 AND 2006 TO ESTIMATE HOW THE REBATES MIGHT AFFECT MICHIGAN
TAXPAYERS.
REBATES FOR CHILDREN WEREN'T INCLUDED.
ACCORDING TO ITS FINDINGS, 2.6 MILLION MICHIGAN RESIDENTS WITH
ANNUAL INCOME UNDER $75,000 DOLLARS WOULD QUALIFY FOR A REBATE OF
UP TO $600.
ONE-POINT-SEVEN MILLION COUPLES WITH INCOME UNDER $150,000 WOULD
QUALIFY FOR A REBATE OF UP TO $1,200.
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