$2,000 Stimulus Checks Would 'Significantly' Help 60% With Lowest Income: Report
$2,000 Stimulus Checks Would 'Significantly' Help 60% With Lowest Income: Report On 1/12/21 at 6:26 PM EST The bottom 60 percent of earners in America will see a "significant impact" if $2,000 COVID-19 relief checks are issued, according to a recent report. A $2,000 payment would give a 60 percent majority of Americans, those with annual incomes under $65,000, an average income boost of 11 percent, according to a report released last week by the Institute on Taxation and Economic Policy. The bottom 20 percent, those with incomes below $21,300 per year, would see a substantial average income i...