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Cut Taxes For 95 Percent Of Working Families |
"I will cut taxes -- cut taxes -- for 95 percent of all working families."
-- Denver
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FEBRUARY 17, 2009
Final Stimulus Includes Credits
The tax credit was included in the final version of the stimulus signed by Obama. |
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FEBRUARY 11, 2009
Stimulus Compromise Scales Back Tax Credits
The stimulus compromise includes an $800 tax credit for couples making up to $150,000; beyond that, the credit diminishes until it phases out at $200,000. This is a step down from Obama's original plan of $1,000 per couple. |
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JANUARY 29, 2009
Houses Passes Stimulus Bill, Approves Tax Cuts
The House-approved stimulus bill includes a tax cut of $1,000 per married couple for two years. Taken with a $500 credit for single workers, this would cost about $145 billion. |