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As currently written, the tax credits would be equivalent to how much money a person owes the state up to $500 per taxpayer. Missouri lawmakers concerned $500 tax credit bill would leave out low ...
Among the cuts were a Republican-led $500 million plan to send $500 checks to Missouri income taxpayers, an $83 million Missouri State Highway Patrol law enforcement academy and a $10 million plan ...
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Included in his plan was a $400–$500 million subsidy for converter boxes, which were expected to cost $50 each. The subsidies were intended only for people who could not afford a pay service such as cable or satellite television. Each home would receive a rebate coupon for one box, which could be mailed to the United States Treasury for ...
Seniors can have their homestead assessed value "frozen" at the next assessment date after reaching age 65. California exempts the first $7,000 of residential homestead from property taxes. Colorado allows a 50% deduction for up to the first $200,000 (equivalent to a $100,000 exemption if the property is valued at $200,000 or above) for seniors ...
Tax rebates that were created by the law were paid to individual U.S. taxpayers during 2008. Most taxpayers below the income limit received a rebate of at least $300 per person ($600 for married couples filing jointly). Eligible taxpayers received, along with their individual payment, $300 per dependent child under the age of 17.
The state Tax Commission anticipates sending about 800,000 payments totaling as much as $500 million. Take Our Poll: ... The amount of the rebate is income-based, with homeowners earning up to ...
The rebate was up to a maximum of $300 for single filers with no dependents, $500 for single parents, and $600 for married couples. Anybody who paid less than their maximum rebate amount in net taxes received that amount, meaning some people who did not pay any taxes did not receive rebates.