Kagen Brings Your Money Back To Wisconsin
(WASHINGTON, D.C.) — Congressman Steve Kagen, M.D. today said that $2.3 billion in tax rebate checks are going right where they belong — into the pockets of local taxpayers, including nearly 206,000 households in Northeast Wisconsin.
“I supported these rebates because Wisconsin families need a little relief from soaring gas prices and other costs,” Kagen said.
Starting May 2, Kagen said, the U.S. Treasury Department will issue economic stimulus checks totaling $112 billion nationwide. The typical Northeast Wisconsin household will receive $885, an amount that is above the national average.
Kagen voted for the Economic Stimulus Act, which was signed into law by President Bush several weeks ago. The law provides targeted relief in the form of a tax-rebate check to middle- and lower-income households, some seniors, and disabled veterans.
“These checks will provide a little lift as we continue to work toward lower gasoline prices, more affordable health care coverage, higher-wage jobs, and guaranteed benefits for veterans and seniors,” Kagen said.
The tax rebate checks will be issued over a period of months through the spring and early summer, with the initial round of payments completed by early July.
Citizens are eligible if they filed income tax returns reporting tax liability or have earned income, Social Security income, or disabled veterans’ benefits of more than $3,000 last year. Most taxpayers are required to simply file a 2007 income tax return. There is no additional form needed for the stimulus check. For more information, visit the IRS Web site at http://irs.gov/.
