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Restaurants to benefit from stimulus bill

WASHINGTON Restaurants would be able to write off 50 percent of their 2008 equipment purchases and expense up to $250,000 of their investments in new buildings or other tangible property under the economic stimulus bill that President Bush said he will sign into law next week.

The measure also provides tax rebates of $600 for individuals making $75,000 or less per year or $1,200 for couples earning no more than $150,000. Families would receive another $300 per

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