A great way to stimulate the economic rise of this country is by giving out federal tax rebate checks. All you need to do is pay for your income tax for the year 2007. You basically do not have to do anything to qualify for this rebate, just pay and then the IRS will do the rest.
The U.S. Treasury Department Office of Public Affairs provided examples on its website of how the Economic Growth Act of 2008 will benefit individuals. Basically, an individual can expect to receive a tax rebate check equal to the amount of their 2007 tax liability, with a maximum payment of $600 per person (which translates into $1,200 for married taxpayers). Those earning over $75,000 (or $150,000 for married filing jointly) can expect a reduced payment based on how much their income exceeded those limits. Taxpayers are eligible to receive $300 per child who qualifies for the child tax credit.
