A New 2011 Economic Stimulus Package


[Update - No New Taxes with Tax Extensions Approved] President Obama has now signed into law a bill that covers a temporary extension of all the bush-era tax cuts. The new bill also contains extensions to some of the 2008 stimulus tax breaks, and even has some new tax cuts. With this legislation he has essentially created a new 2011 Economic Stimulus package, estimated at around $858 billion. Here’s how various key components of the “2011 economic stimulus package” legislation will affect you:
No increase in federal income taxes as current rates stay the same. The table below provides the potential 2011 tax rates and brackets, which are slated to be the same as 2010 levels. Tax bracket ranges may move slightly when the official IRS tables are published, but with low inflation the changes should be minimal. A rise in tax rates would have cut the after-tax pay by $3,000 for the average tax payer, so this provision is worth a lot given current economic conditions. However, the tax rates extension is only for 2 years, and unless the economy really tanks, don’t look for these to be extended again

In these difficult economic times, you should take advantage of every possible  resource. 
Take advantage of your own tax dollars. Apply for a government grant.

Each year, thousands of individuals and families  just like you receive grant money from the government.

Quick and Easy to apply.

Why not see if you qualify? Apply now.

Can be used for:
>Pay Bills
>Individuals
>Housing
>Healthcare and Medical Expenses
>Education
>Minorities
>Small Business

P.S. If you don't apply, you can't qualify. Apply here.

Powered by Blogger