Under Obama’s Deal, Poorest Workers Will See A Tax Hike

McClatchy reports that while the “tax deal…has a little bit for most taxpayers in the country…some of the nation's poorest workers will actually end up worse off.” The plan “eliminates the 'Making Work Pay' tax credit that was originally part of…Obama's 2009 stimulus package and reduced Americans' taxes by up to $400 for an individual or $800 for a couple.” Individuals making less than $20,000 and couples making less than $40,000, “all other things being equal” will see their taxes “go up come Jan. 1, 2011.” Full Story: http://www.mcclatchydc.com/2010/12/08/104986/under-obamas-deal-taxes-will-rise.h… added by: Radical_Centrist

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