With the nation constantly grappling with inflation and economic challenges, there have been a few states that have started taking matters into their own hands in order to provide some form of financial relief to the residents through Tax Rebates. As it turns out, the state stimulus check payments, which gained massive popularity during the coronavirus pandemic, are still making their way to eligible individuals in 2023. Although most of the states did conclude their stimulus check payment programs the previous year, three states have already stepped up in order to provide a one-time tax rebate to the citizens.
Tax Rebates Being Provided To Citizens Of Multiple States
Currently, there are three states that are still issuing the one-time tax rebates- Arizona, Alabama, and Virginia. These rebate programs are quite special because they extend deep into the current year, and also offer a financial boost to the residents who have been dealing with the ongoing economic consequences of rising inflation and the pandemic.
Although quite a handful of other states have recently wrapped up the relief programs, these three states have decided to put up for some additional support through the tax rebates. However, the programs for all three states vary- not only in the dollar amount but also in terms of eligibility criteria.
Georgia is another state that seems to be taking the lead in providing some form of financial assistance to the residents. The state has already accumulated a substantial surplus of $10.7 billion due to the consistent budget surpluses that it has gone through in recent years. The cash pile, which has been large enough to allocate a sum of $1,000 to every resident of Georgia, has also been growing rapidly despite state expenditures- which further leads to tax rebates being issued to the citizens of the state.
