Join Date: Feb 2010
Location: Cartersville, GA
Re: ATTA'Boy Barry!
First Read - Bush tax cuts just 37 percent of the total deal
•A $120 billion Social Security payroll tax cut in 2011, with the rate being cut from 6.2 percent of earned income to 4.2 percent. For a worker making $60,000 a year, this would result in an additional $1,200 in take-home pay.
•$56 billion in additional unemployment insurance benefits for 13 months.
•$40 billion in tax cuts for families and students, including a two-year extension of the American Opportunity tax credit which helps families
pay college tuitions, which was part of last year's stimulus.
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