Tuesday, July 21, 2009

For the Record: Obama and Taxes so far

Obama's record so far on taxes:

Tax cuts of $400 per worker and $800 per couple annually for two years, phaseouts beginning at $75K for individuals and $150K for joint filers. Various tax credits for education, child tax credit, energy efficiency measures, home and auto owners. Total $237 billion.

Tax credits and refunds to businesses equaling $51 billion, mostly to offset losses from recession, some energy credits.

Tax increases: Increased the federal cigarette tax by 62¢ per pack.

I wouldn't be surprised if there's something I've missed, but this is what I've found so far. Thanks to TPM for giving me the idea.

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