I'm writing you today to talk about literally putting money back in your pocket.
We've launched the Tax Savings Tool at WhiteHouse.gov to make sure as many Americans as possible know about and take advantage of the array of middle class tax refunds passed in the Recovery Act last year. With a few simple questions, the tool generates a printable checklist anyone can use to make sure they don't miss out on any of the benefits they may be owed.
Did you know, for example, that 95% of working families have been getting money in their paychecks in 2009 from the Recovery Act's $400 to $800 a year Making Work Pay tax credit –- and will continue to in 2010?
If you didn't know that, you may not know about all of the other tax cuts that may be available to you as a result of the Recovery Act -- refunds relating to everything from college tuition to new cars to new houses to using more renewable energy. The reason the President fought for all of these tax cuts as part of the Recovery Act was to give middle class families a little extra break in what continues to be a tough economic time -- and also to help give the economy itself a boost.
For families across the country, maybe including yours, these tax cuts have provided the incentive they need to make energy-saving improvements to their homes, finally get a new car, or buy a home for the first time. All of that is helping to jumpstart the economy and provide more clean energy, manufacturing and construction jobs for working families, contributing to the 2 million jobs the Recovery Act has created or saved since it passed.
So take a look at the tool and make sure you're getting everything you can out of your tax return -– you may be pleasantly surprised.
What they giveth with one hand they taketh with the other! Taxes have gone up on just about everything else so that extra 400 dollars a year has been spent many times over. That's not the end of it either. Obama's "entitlements for re-election" program will lead to higher costs for just about everything we buy as companies begin assessing the charges as a result of the health care bill. Already many companies have announced billions in accounting charges that will be passed along in the form of higher taxes.
But this is the tactics of the left distract you with one thing so you don't see the bat that's about to hit you in the head!
by Ralph Deeds 7 years ago
Seven-Point Plan to Reduce the DeficitWe can reduce the deficit, avoid devastating cuts to important programs, and avoid greater harm to middle-class families that have seen their incomes stagnate or even fall over the last decade. In hopes of moving that process forward, I have sent the Joint...
by mdawson17 9 years ago
Many already know that the killer survived from his act of massive terrorism; however I do not know if many understand that we the tax payers are also footing the bill for his recovery!Because he too was active military he will recieave the same benifits as any other soldier!Our Goverment is...
by Friendlyword 6 years ago
What should you do with drug addicts that rob their own Mothers? That leave their children alone to buy crack? Blow up their wife and child in a Meth lab? Maybe it's happening so often, we no longer think about it. But, people are being hurt and killed daily by drug addicts and their...
by SparklingJewel 8 years ago
"It takes twenty years to build a reputation and five minutes to lose it. If you think about that, you will do things differently"-Warren Buffett In just six months, on January 1, 2011, the largest tax hikes in the history of America will take effect.They will hit families and small...
by IDONO 6 years ago
Should the U.S. be putting so much time and money into climate change issues?Whether you believe that climate change is man made or natural, isn't the issue. But billions upon billions of dollars are being spent on regulations and fuels everyday. But what about the rest of the world? If this is...
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|