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April 29, 2008 Tuesday Rabi-us-Sani 22, 1429



Tax rebates


WASHINGTON, April 28: The US government began giving out tax rebates on Monday in hopes the instant cash will spark consumer spending to revive an economy many analysts believe is in recession.

The Internal Revenue Service (IRS) said it had begun to transfer economic stimulus payments to “millions of Americans,” some of whom would see payments in their bank accounts the same day.—AFP







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