He gave me a ten thousand yen rebate.

He gave me a ten thousand yen rebate.

More than 80 of the rebate dollars were saved or used to pay down debt.

The extra tax revenue that such a rebate would produce would reduce government deficits significantly.

Most importantly, the renminbi was allowed to appreciate, and the export tax rebate was virtually eliminated.

The US Congress and the Bush administration enacted a 100 billion tax rebate in an attempt to stimulate consumer spending.

In 1984, Margaret Thatcher demanded and got a large rebate in the British net contribution, which this year is worth roughly 5bn.

Viewed in strictly economic terms, it is not surprising that Great Britain would not give up its rebate, while France would reject attempts to cut farm subsidies.

The time has come, he said, for our English friends to understand that they have to make a gesture of solidarity, and renounce the rebate negotiated by Thatcher.

The British government s first reflex was to reject any suggestion that the British rebate is open to discussion it was justified in 1984, and it is justified today.

China has undertaken a 6 of GDP stimulus package aimed (mostly) at infrastructure the United States has enacted a two year 800 billion spending and tax rebate package.

On the contrary, the US government has been handing out tax rebate checks so that Americans will shop until they drop, and now Congress is talking about doing more.

Britain, he says, might be prepared to put the British rebate on the table, but only if the French are prepared to remove the reasons for it by means of a radical renegotiation of EU farm policy.

Countries policy responses have ranged from modest to immense. China has undertaken a 6 of GDP stimulus package aimed (mostly) at infrastructure the United States has enacted a two year 800 billion spending and tax rebate package.

Against all expectations, it struck a morally advantageous posture by offering to surrender some part of its budget rebate, but only if the rest of the European Union (i.e. France, in particular) would agree to fundamental reforms of EU farm policy.

Given these staggering sums, the US could face a double dip, W shaped recession. The main question is whether the tax rebate that US households will receive in mid 2008 will be consumed thus leading to positive third quarter growth or saved.

Extrapolating from America s experience in 2001, when a 300 per person social security rebate boosted spending by about 25 of the total amount distributed, a 500 ( 640) check from the ECB could increase spending by about 34 billion, or 1.4 of GDP.

However, the document will take into account that there are products that are not produced in Russia, for example, fruits and vegetables in the winter, and, as such, a rebate will be applied to them to avoid causing possible discomfort to consumers.

This is why most new members were ultimately willing to support Luxembourg s proposed compromise, under which the budget would be only 1.06 of the EU s overall GDP and Great Britain s annual rebate would be frozen at 4.6 billion. Indeed, just before the ultimate collapse of the talks, five new members, including the Czech Republic and Slovakia, agreed to an even more radical plan, under which the budget would be only 1 of the EU s GDP.