Referred to the House Committee on Ways and Means.
Summary
The American Consumer Tariff Rebate Act would give a direct payment to eligible individual tax returns, excluding those with adjusted gross income over $400,000. Payments are calculated to total $231.35 billion and are larger for households filing jointly or as head of household. An additional $125 per qualifying child is paid, funded by the savings from excluding high‑income filers.
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