Friday, January 16, 2009

What happened to the tax cut for families earning under $250K?

"House Democrats would fulfill Obama's promise of a tax credit for most Americans. Single filers with adjusted gross income below $75,000 would receive a $500 tax credit, while joint filers with adjusted gross below $150,000 would get back $1,000."

http://www.miamiherald.com/business/story/855942.html

Obama didn't loosely promise "a tax credit for most Americans".

He promised a tax cut for families earning under $250,000. Where is it?

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