Record Refunds
White House representatives are reporting that the average 2009 tax refund will rise by almost ten percent from last year as a result of the Obama administration’s economic recovery bill.
While only around half of returns have been filed thus far, early data from the IRS, as reported by CNNMoney, indicates that the average 2009 [...]
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 [...]
One million new jobs have been created thanks to the economic recovery plan, a new report by the White House claims.
The federal government has spent about $150 billion dollars in stimulus spending through August, according to CNN, nearly one-fifth of the total stimulus budget.
Although unemployment continues to rise, with the unemployment rate up to 9.7% [...]
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