RE: Wasn't it $300?
Posted on: March 16, 2020 at 11:51:49 CT
MrBlueSky MU
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The package eliminated taxes on the first $6,000 of taxable income for individuals and the first $12,000 of income for couples. A stimulus rebate check was mailed out to 130 million taxpayers, in amounts as follows:
Individuals would receive up to $600.
Married couples would get up to $1,200.
Those with children would be sent $300 per dependent child.
The Bush stimulus sent 20 million retirees on Social Security and disabled veterans a check. Individuals received $300 each while couples received $600 if they earned at least $3,000 in benefits. But those who were only on Supplemental Security Income did not receive checks.