Bush considering $800 tax rebate to boost US economy: report
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President George W. Bush's administration is considering an individual tax rebate of up to 800 dollars as a short term measure to help boost the sagging US economy, a media report said Friday.
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The poor are the people most likely to spend a tax rebate, if they are handed one in an economic revival plan. Whether that happens depends on who prevails Â the White House or the Democrats who run Congress.
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President Bush's call for a simpler tax code could mark the next step in a gradual move toward a system that places more of a tax burden on consumption and less on savings, analysts say, a direction critics think would put a bigger burden on working Americans.
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President George W. Bush on Friday called on Congress to give the U.S. economy a "shot in the arm" with an election-year package of temporary tax cuts and other measures worth up to $150 billion.
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President George W. Bush is open to options on the details and size of a package to boost the troubled U.S. economy, the White House said on Tuesday as Bush prepared to meet with lawmakers.
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PORTSMOUTH, N.H.  - President Bush suggested in an  interview published on Wednesday he may be open to raising the  cap on Social Security taxes paid by high-income earners, but  told a crowd in New Hampshire he would reject an increase in  the payroll tax rate.
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President Bush on Friday called for about $145 billion worth of tax  relief to stimulate a sagging economy and fend off a possible  recession
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U.S. News & World Report - President Bush's economic stimulus plan would put $800 in the pocket of almost every taxpayer. Given that Congress is pretty much on the same page, why isn't that prospect buoying everyone's hopes? Maybe one reason is that Wall Street and consumers alike realize that unless oil prices drop significantly--which may well happen if we fall into a recession--many will be emptying that newfound stash just to pay for the increase in gasoline and other energy prices this year.
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President George W. Bush and congressional leaders agreed on Thursday on a $150 billion package of tax rebates and business incentives meant to ward off a recession in the world's largest economy.
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President George W. Bush predicted on Wednesday that strong tax receipts would cause the U.S. budget deficit to shrink to $205 billion this year, marking the third straight annual decline.
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Most taxpayers could expect a rebate of up to $600 starting in mid-May under the economic aid plan set to go through Congress within weeks.
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The U.S. House of Representatives on Tuesday overwhelmingly approved a plan to give the U.S. economy a $146 billion election-year boost through tax rebates and other measures to stave off a possible recession by boosting business and consumer spending.
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If you want to understand why the Bush administration is pondering eliminating the tax deduction for employer-provided health insurance, consider this year&#39;s Economic Report of the President.
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WASHINGTON - President Bush says his economic policies, including billions of dollars in tax cuts, are helping to create new jobs. But not the millions he promised...
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President Bush said on Wednesday a renewed drive to cut US budget deficits should help the weak dollar and that Tuesday&#39;s Federal Reserve interest-rate hike showed Alan
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President Bush on Wednesday signed a multibillion-dollar economic rescue package on Wednesday that means $300 to $1,200 rebates for many American households.
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Democratic presidential candidate Barack Obama is proposing more than $80 billion in annual tax relief for workers and seniors funded by an increase on wealthier investors.