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T08-0022 - Stimulus Options, Static Impact on Individual Income Tax Revenue ($ billions), 2008-17

Revenue costs of two different stimulus options: (1) a rebate of up to $550 ($1,100 for couples) plus $275 per dependent limited by the sum of income tax liability and 15 percent of earnings and phased out for higher-income taxpayers and (2) a fully refundable rebate of $450 ($900 for couples) plus $225 per dependent against a baseline of 2008 current law plus extension and indexation of the 2007 AMT patch.

January 22, 2008