{"id":7800,"date":"2009-02-11T19:32:40","date_gmt":"2009-02-12T00:32:40","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=7800"},"modified":"2009-02-11T19:39:36","modified_gmt":"2009-02-12T00:39:36","slug":"your-tax-break-couples13week","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=7800","title":{"rendered":"Your tax break? Couples=$13\/week"},"content":{"rendered":"

So now that we’ve had this “stimulus” package crammed down our throats, the media has started dissecting it. A bit too late. The Associated Press<\/a> looks at the tax break;<\/p>\n

Q: What are some of the tax breaks in the bill?<\/p>\n

A: It includes Obama’s signature “Making Work Pay” tax credit for 95 percent of workers, though negotiators agreed to trim the credit to $400 a year instead of $500 \u2014 or $800 for married couples, cut from Obama’s original proposal of $1,000. It would begin showing up in most workers’ paychecks in June as an extra $13 a week in take-home pay, falling to about $8 a week next January. <\/p><\/blockquote>\n

So the Democrats couldn’t even leave Obama’s $1000 credit alone, just like they had to give some of my money away last year to someone who doesn’t pay taxes.<\/p>\n

AP says your tax break, if you’re married and file jointly, is a whopping $13\/week. But the way I read it, a “tax credit” just knocks $800 off of your taxable income. So if you’re in the 10% tax bracket, your weekly “benefit” is a buck-and-a-half. <\/p>\n

Remember when Tom Daschle criticized the Bush tax cuts because it’d only allow us to buy a car muffler? What will the Obama tax cut pay for in your household? Feeling like you’ve been taken for a ride yet?<\/p>\n

Purple Avenger at Ace of Spades<\/a> says 77% of you think you can do a better job than Congress on the economy. And 44% think we’d be better off picking random names out of the phone book. As long as it’s not the DC phone book, I might agree.<\/p>\n","protected":false},"excerpt":{"rendered":"

So now that we’ve had this “stimulus” package crammed down our throats, the media has started … Your tax break? Couples=$13\/week<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,11,47,6],"tags":[],"class_list":["post-7800","post","type-post","status-publish","format-standard","hentry","category-barack-obama","category-economy","category-liberals-suck","category-media"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/7800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7800"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/7800\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}