Gore! Here's a REAL hock stick!
Source: http://zfacts.com/p/318.html
Posted on 04/15/2009 10:45:31 AM PDT by Sub-Driver
Press Releases Contact: Brendan Daly/Nadeam Elshami 202-226-7616 For Immediate Release 04/15/2009
Pelosi on Tax Day: Millions of Americans Will See Tax Cuts This Year Thanks to Economic Plan of Congress and Obama
Washington, D.C. – Speaker Nancy Pelosi released the following statement on Tax Day.
“Millions of Americans will see their taxes cut this year thanks to the economic plan of the New Direction Congress and President Obama. We enacted the fastest tax cut in history—the Making Work Pay Tax Credit—that workers are already seeing in their paychecks. To spur economic growth and lay a foundation for stronger economy, the recovery plan includes tax incentives for new, job-creating investments by American businesses and the American Opportunity College Tax Credit to help millions of students afford college.
“The House-passed budget provides an additional $1.5 trillion in tax cuts for the middle class, protects middle-class families from the Alternative Minimum Tax, and provides incentives to small business to create jobs.
“Congress and President Obama are committed to a fairer tax code that helps working families and small businesses and encourage job creation, all within the framework of a fiscally responsible budget that will cut the deficit by two-thirds in five years.”
* * *
For state by state information on the Making Work Pay tax relief go to: http://www.recovery.gov/?q=content/making-work-pay&mode=table
Pelosi on Tax Day: Millions of Americans Will See Tax Cuts This Year Thanks to Economic Plan of Congress and Obama
G-5 Pelosi is a lying socialist puke pie!
Where’s the lower tax rate a ‘tax cut’ implies? Guess she’ll never get that question from the drive-by-media...
Obama’s support will fall when people realize these tax cuts amount to 13 dollars a week.
What is this raving, botoxed sociopath babbling about now?
I'm so pi$$ed .... (self censored)
How did you get 13? I saw 9 in mine.
April Fool’s Day is now on the 15th instead of the 1st. I see.
“Obama’s support will fall when people realize these tax cuts amount to 13 dollars a week.”
Mine is whopping $10.00 per paycheck (I get paid every 2 weeks). What to do with all that savings?
Gore! Here's a REAL hock stick!
Source: http://zfacts.com/p/318.html
No barf alert?
I read in the AP that it was 13 but you’re probably right? Have you already seen the “increase” in your paycheck? I am just a part time worker, and am 21 and in college, so I won’t really see anything. I should ask my parents what theyve seen (if anything).
I really wonder if she draws any connection whatsoever
between “tax cuts” and
———— STOP SPENDING !!!!, DUMBA$$ !!!! -————
Don’t ya love that they are occasionally willing to
give back to you
that which you already gave to them.
From the IRS website:
In 2009 and 2010, the Making Work Pay provision of the American Recovery and Reinvestment Act will provide a refundable tax credit of up to $400 for working individuals and up to $800 for married taxpayers filing joint returns.
This tax credit will be calculated at a rate of 6.2 percent of earned income and will phase out for taxpayers with modified adjusted gross income in excess of $75,000, or $150,000 for married couples filing jointly.
For people who receive a paycheck and are subject to withholding, the credit will typically be handled by their employers through automated withholding changes in early spring. These changes may result in an increase in take-home pay. The amount of the credit will be computed on the employee’s 2009 income tax return filed in 2010. Taxpayers who do not have taxes withheld by an employer during the year can also claim the credit on their 2009 tax return.
http://www.irs.ustreas.gov/newsroom/article/0,,id=204447,00.html
Note the language. It is a credit of 6.2% for earners up to $75K/$150K. So for folks making, say, $40K, they will receive a $240, or $20 per month, tax credit for 2009. Obama touts 400/800. Think a few people are going to end up feeling ripped off by this Obama promise come payoff time next year?
yep, i got my $9.00...then this week my company cut me by 14%.......i’m feeling the love from all around....
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