Results tagged “stimuluschecks”

With the very last of the stimulus checks being sent out to taxpayers this week, economic analysts are looking forward to viewing the full picture when it comes to how (and if) those taxpayers will use this money for its intended purpose. When the Economic Stimulus Act of 2008 was passed on February 13th of this year, the idea was that low- and middle-class Americans who had made at least $3,000 in 2007 (and, more importantly, paid taxes on that income) would receive a tax rebate that would be used to stimulate the U.S. economy and ameliorate the effects of the recession in which we currently find ourselves. more ›