The American Rescue Plan gave $1,400 checks to single adults who earn up to $75,000. Partial checks went to people with $75,000 to $80,000 of income. (The thresholds are double for married couples.)
Families also get extra payments for dependents. A family of four, for example, stands to get up to $5,600.
Targeting $1,400 stimulus checks
Opponents believed the income caps should have been lower. A group of moderate Republican senators proposed $40,000 as a full-payment cutoff, for example.
That’s because job loss has been concentrated among low-wage workers. In other words: higher earners who get a check tend to have a job and wage income right now, statistics show.
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Source cnbc.com