Many Won’t Even Notice a Tax Cut

“A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice,” Bloomberg reports.

“The 2009 economic-stimulus bill contained a one-year tax break worth $800 for married couples in 95% of working households — a little over $15 a week. A February 2010 poll found that just 12 percent said their taxes had been reduced. More than half, 53%, said they saw no change. A remarkable 24% thought their taxes had increased.”

FavoriteLoadingSave to Favorites