Consequently, the best fiscal policies now are an investment tax credit and a personal tax rebate.
Withdrawing support through seeking a personal tax rebate does not reflect a highly developed social conscience.
It would make sense to base the personal tax rebate on last year's Social Security payroll tax since it would then reach low-income workers who didn't quality for the earlier income tax rebates.
Both plans focus on personal tax rebates and incentives for businesses intended to spur spending.
The nonpartisan Congressional Budget Office reported this week that each of the three elements of the 2001-2 stimulus — personal tax rebates, incentives for business investment and government spending programs — played a role in lifting the economy.
Personal tax rebates are intended to put cash in the hands of consumers, in the hope that they will spend it immediately, giving a lift to stores, service providers and manufacturers of consumer goods, rather than saving it or using it to pay down debt.
The favorite template for addressing recession fears is a set of tax measures and spending initiatives passed in 2001 and 2002, including a personal income tax rebate in the summer of 2001 that amounted to $300 to $600 per household and a tax incentive the following year aimed at encouraging businesses to invest in new plants and equipment.
School officials say they are still optimistic about raising enough money for a proposed $500,000 expansion of their sixth-grade camp in the mountains, despite a disappointing response to their plea for contributions of personal income tax rebates.
The Times found ~ Property tax abatement Corporate income Free services Sales tax refund, exemptions or other sales tax discounts Equity investment Cash grant, loan or loan guarantee Corporate income tax credit, rebate or reduction Personal income tax credit programs in ~ states, for a total of ~.
[A7.] Rebates Help Lift Personal Income After keeping the economy growing slowly by stepping up their spending in spring and early summer, consumers tightened their belts a bit in July despite a rise in personal incomes, the Commerce Department said.
