Cigar Asylum Cigar Forum - View Single Post - S-CHIP Required Reading

Thrak · 02-12-2009, 04:15 PM

my bad, not a check, but a "tax holiday", whatever that means.

Mr. Obama's "Making Work Pay" tax cut -- a payroll-tax holiday for workers -- was scaled back. The package set the value of the benefit at $400 for individual workers, down from $500 in the proposal he floated on the campaign trail, and at $800 for couples, down from $1,000. The benefit would phase out for workers making $75,000 a year and for couples earning $140,000.

http://online.wsj.com/article/SB123436825805373367.html

02-12-2009, 04:15 PM	#16
Thrak .. the man from Nantucket Join Date: Jan 2009 Location: Canton, GA Posts: 558 Trading: (2)	Re: S-CHIP Required Reading my bad, not a check, but a "tax holiday", whatever that means. Mr. Obama's "Making Work Pay" tax cut -- a payroll-tax holiday for workers -- was scaled back. The package set the value of the benefit at $400 for individual workers, down from $500 in the proposal he floated on the campaign trail, and at $800 for couples, down from $1,000. The benefit would phase out for workers making $75,000 a year and for couples earning $140,000. http://online.wsj.com/article/SB123436825805373367.html