sbark
02-21-2009, 05:44 PM
http://cbs2.com/national/president.barack.obama.2.940355.html
Treasury Orders Employers To Cut Payroll Taxes
Obama: Tax Cuts Will Be Felt By April 1
http://static.cbslocal.com/Themes/CBS/_resources/img/images_image_281093753.gif CBS News Interactive: Eye On The Economy (javascript:void(0);)
WASHINGTON (AP) ―
The Treasury Department has begun directing employers to reduce the amount of taxes withheld from people's paychecks.
It's part of the economic stimulus package President Barack Obama signed into law this week. Treasury is directing employers to make the changes as soon as possible and no later than April 1. In his weekly radio and Internet message, Obama says the measure will mean a typical family will bring home at least $65 more every month.
His ambitious $787 billion package of federal spending and tax cuts aims to revive the economy and save or create 3.5 million or more jobs. It's intended to inject a sudden boost of cash into transportation, education, energy and health care. It also offers extended unemployment benefits.
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As Always: Questions.........
Does this mean he will Keep GW's Tax Cuts going.......or will taxpayers either not get refunds next April....or even have to pay in since less withholding?
7.70 per week......wow that takes care of any possible financial worries for us the next few years.....;)
"tax cuts" will be felt by April 1st..........hey isnt that April "fools " Day:rolleyes: Is that a subliminal message from POTUS to all the USA citizens?
Treasury Orders Employers To Cut Payroll Taxes
Obama: Tax Cuts Will Be Felt By April 1
http://static.cbslocal.com/Themes/CBS/_resources/img/images_image_281093753.gif CBS News Interactive: Eye On The Economy (javascript:void(0);)
WASHINGTON (AP) ―
The Treasury Department has begun directing employers to reduce the amount of taxes withheld from people's paychecks.
It's part of the economic stimulus package President Barack Obama signed into law this week. Treasury is directing employers to make the changes as soon as possible and no later than April 1. In his weekly radio and Internet message, Obama says the measure will mean a typical family will bring home at least $65 more every month.
His ambitious $787 billion package of federal spending and tax cuts aims to revive the economy and save or create 3.5 million or more jobs. It's intended to inject a sudden boost of cash into transportation, education, energy and health care. It also offers extended unemployment benefits.
**********
As Always: Questions.........
Does this mean he will Keep GW's Tax Cuts going.......or will taxpayers either not get refunds next April....or even have to pay in since less withholding?
7.70 per week......wow that takes care of any possible financial worries for us the next few years.....;)
"tax cuts" will be felt by April 1st..........hey isnt that April "fools " Day:rolleyes: Is that a subliminal message from POTUS to all the USA citizens?