Posts Tagged ‘making work pay’

Obama’s Planned Tax Cuts & Raises

Tax time can be stressful for those who end up owing the government money, especially those in dire financial straights or recovering from a recent bankruptcy filing.
The Associated Press reports that President Obama has proposed new taxes that would both create incentives for companies to hire new workers and increase the amount of money paid [...]

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Millions May have to Repay Tax Credits

More than 15 million Americans may have to repay tax credits issued by the Obama Administration when they file their taxes next year, according to a report by the Chicago Tribune.
More than 10 percent of all taxpayers who file individual tax returns for 2009 could owe additional taxes, according to J. Russell George, the Treasury [...]

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