Price-Impact Retailers Welcome Tax Rebate Package

Discount retailers said that the economic-stimulus package signed into law last week by President Bush should promote more spending in their stores. The $152 billion stimulus package includes both tax rebates for consumers and incentives for businesses to invest. Individual consumers, who are expected to begin receiving rebate checks in May, can get up to $600, and married couples can receive

WASHINGTON — Discount retailers said that the economic-stimulus package signed into law last week by President Bush should promote more spending in their stores.

The $152 billion stimulus package includes both tax rebates for consumers and incentives for businesses to invest. Individual consumers, who are expected to begin receiving rebate checks in May, can get up to $600, and married couples can receive $1,200, plus additional rebates for dependent children.

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