Making Work Pay Credit: The bill provides a $400 credit per worker and a $800 credit per dual-earner couple. The full credit would be paid to people making $75,000 or less ($150,000 per dual-earner couple). A partial credit would be paid to those making above those amounts but no more than $100,000 ($200,000 for couples).
The credit would also be refundable, which means that even very low-income families who don't make enough to owe income tax would be able to claim it.
For most working individuals, the credit will be paid over time at roughly $15 per period, assuming 26 pay periods in a year. Estimated cost: $116 billion.
We're paying $116 billion so that everybody can have an extra $15 per paycheck.
This shows how out of touch Washington is. Even when I made $5.35 an hour, $15 wasn't jack shit.
Everything in this is stupid: http://money.cnn.com/2009/02/13/news/economy/stimulus_individuals/index.htm
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