Bay County Democratic Party
  • Home
  • About Us
    • Our Leadership
      • Our Vision
        • Our Values
          • F.A.Q.
          • Get Involved
            • Donate
              • Volunteer
                • Become a Member
                • Events
                  • MDP ENDORSEMENT CONVENTION
                    • Spring Fling
                      • Membership Dinner
                      • BCDP Groups
                        • League
                        • Resources
                          • Elected Officials
                            • Voter Information
                              • Links
                              • Contact Us
                              • Newsletter
                              Taxes Lowest in 60 years.. 04/15/2010
                              0 Comments
                               
                              ...thanks to Democrats and President Obama.

                              The Daily Kos has a great article about this and the misconceptions the Republicans are using to cover up the facts.

                              The Recovery Act, which passed a year ago, granted 98 percent of Americans with a tax cut. One third of the Recovery Act was made up of tax credits.

                              The credits included:
                              • An increase in the Earned Income Tax Credit
                              • An expansion of the Child Tax Credit
                              •  For those who work, the Making Work Pay tax credit offered $400 per individual and $800 per couple
                              • For those who lost their job, there was a 65 percent tax credit to help cover the cost of health care. The first $2,400 in unemployment benefits went tax-free
                              • Up to $2,500 under the American Opportunity Credit for students and parents paying for college tuition
                              • $8,000 for first-time home buyers
                              • A deduction of state and local taxes paid on a new car
                              •  Up to $1,500 for home improvements to increase energy efficiency

                               


                              Comments


                              Your comment will be posted after it is approved.


                              Leave a Reply

                                If any member wishes to have an article placed on the website, please contact us at bcdp@baycountydems.org



                                BCDP NEWS

                                Chairman's Corner

                                Overview of 2010 MDP Endorsement Convention

                                2010 Tony Bielawski Award Winner - Jim Barcia

                                Spring Fling Information

                                Party Newsletter

                                The Difference between Democrats & Republicans

                                Thank a Democrat for...


                                BCYD NEWS

                                BCYD Blog

                                Press Releases

                                BLOG ARCHIVES

                                May 2010
                                April 2010
                                March 2010
                                February 2010
                                January 2010
                                December 2009
                                November 2009
                                October 2009
                                September 2009
                                August 2009
                                July 2009
                                June 2009
                                May 2009
                                April 2009
                                March 2009
                                February 2009
                                January 2009
                                November 2008
                                October 2008
                                August 2008

                                BLOG CATEGORIES

                                All
                                2010 Election
                                Alma Wheeler Smith
                                Andy Dillon
                                Barack Obama
                                Bart Stupak
                                Bcdp Announcement
                                Bcdp Events
                                Bob Bowman
                                Bob Young
                                Carl Levin
                                Census 2010
                                Dale Kildee
                                Dan Kildee
                                David Leyton
                                Debbie Stabenow
                                Dnc
                                Election 2010
                                Endorsement Convention
                                Gop Watch
                                Gretchen Whitmer
                                Health Care
                                Healthcare
                                Janice Winfery
                                Jeff Mayes
                                Jennifer Granholm
                                Jim Barcia
                                Jocelyn Benson
                                Joe Biden
                                John Cherry
                                John Freeman
                                Justice Caucus
                                Mark Brewer
                                Michigan Democrats
                                Michigan Dems
                                Mike Cox
                                Recovery Act
                                Richard Bernstein
                                State Of The State
                                Tony Pawelski
                                Tricity Grassroots
                                Virg Bernero
                                Website News
                                White House
                                Young Dems


                                RSS Feed


                                BLOG ROLL

                                East Michigan Blue
                                Blogging for Michigan
                                Blue November
                                Blue Tiger Democrats
                                The Conversation
                                DNC Kicking Ass
                                Greed, Eggs, and Ham
                                Left Blogs (MI)
                                Michigan Liberal
                                MI College Dems
                                MI-Wire
                                White House Blog

                                BLOG DISCLAIMER

                                Postings in this section of the BCDP website do not necessarily represent the position or view of the organization. Postings in this section may represent only the views of the author. They are posted to promote interest to issues and events that my be of interest to BCDP members.

                              Create a free website with Weebly