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Subject:
Item Title:
New Economic Stimulus Plan Signed Into Law
Summary:
In early February, Congress passed
the
Economic Stimulus Act of 2008
, which President Bush signed on February 13th. The centerpiece of the new law is a provision authorizing tax rebates that will be sent to eligible individuals beginning in May. But the legislation also contains valuable tax breaks for businesses. Here are the rebate details, including who qualifies, how much they will get, why large families really benefit, and how some taxpayers will get a second chance to collect cash next year.
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