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How soon will we start reaping the benefits?


Tigermike

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Treasury Directs Employers to Begin Withholding Taxes

Most workers are to see about a $13 per week increase in their take-home pay.

The notoriously slow Congress passed the $787 billion economic stimulus package in a matter of weeks. President Obama signed it into law less than one month into his presidency.

So, just how soon will Americans start reaping the benefits of tax cuts in it?

By April 1, according to the president.

"Never before in our history has a tax cut taken effect faster or gone to so many hardworking Americans," Obama said Saturday in his weekly radio and Internet address.

http://www.foxnews.com/politics/elections/...-april/100days/

Oh, by the way, that’s thirteen bucks if you’re married and filing jointly - six bucks if you’re not married. And I don’t care what the media says, the way I read the whole “tax credit” thing, it works out to a buck-and-a-half if you’re in the 10% tax bracket (under $60k/yr combined income).

Don't spend it all in one place.





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