Brought to you by WBIW News and Network Indiana
Last updated on Thursday, April 2, 2009
(UNDATED) - A tax cut portion of the American Recovery and Reinvestment Act were set to go into effect yesterday, and that could mean between $400 and $800 for you.
Indiana 9th District Democratic Congressman Baron Hill says credits worth $400 for individuals making less than $75,000 per year, and $800 for married couples making less than $150,000 per year, should start appearing in paychecks, and IRS officials have asked employers to have this in place by April 1st.
Hill says around 2.4 million Hoosiers should be able to benefit from these cuts, called the "Making Work Pay" tax credit.
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