A few questions about the new stimulus plan
By taface412
@taface412 (3175)
United States
February 18, 2009 4:02pm CST
I have a question for anyone out there about this new stimulus idea. I basically understand it is going to be around $13 less perweek that we pay Federal taxes. Now here is where the question comes in....around tax time next year is this going to lower the amount we will be refunded? Are they adjusting the tax table? Is it going to make a huge difference?
1 response
@sudalunts (5523)
• United States
18 Feb 09
I do not think it is going to make a huge difference. From what I understand, it will not kick in until around June. If my math is correct, it will be about $338.00. I think that is what was meant by a tax cut for singles of $400.00, and couples $800.00. Not a great enough amount that will make you say WOW.
