The Left is going to try out a new monologue. They are going to call what happened with the 2nd stimulus
“The Obama Tax Cuts”.
Pelosi, at least, finally started talking late last week about the need to extend the Obama tax cuts.
Eugene Robinson must think we are complete tools.
The “Obama Tax Cuts” is ACTUALLY the “Obama Withholding Amount Reduction”.
Taxes didn’t go down. Withholding was reduced and there were stimulus checks sent out to certain people. (not necessarily those who pay the taxes)
Line 1 from the IRS site:
Most wage earners will benefit from larger paychecks in 2009 and 2010 as a result of the changes made to the federal income tax withholding tables to implement the Making Work Pay tax credit.