Editorial: Tax Stimulants

Tax rebate checks may come as soon as May from the federal government to stimulate spending and jump start a slowing economy.

Alabama seems poised to weather the potential problems better than most states, with more than a billion dollars in construction projects underway.

Still, there are concerns about tax revenue shortfalls here that will make the budget process difficult for state legislators this year.

It is doubtful that they will propose freezing their huge pay raise to offset the shortfall.

Offering more tax relief to Alabamians may seem very inopportune now as well, but it should be considered.

Raising the income threshold for paying state income taxes for a family of four is a good starting point.

The current level is $12,600, about $8,000 less than what is considered the federal poverty level for a family of four.

Keeping more money in our pockets, rather than government coffers, will stimulate a sluggish economy.