RAW DATA: Stimulus Bill -- Who Gets What?

The recovery package has tax breaks for families that send a child to college, purchase a new car, buy a first home or make the ones they own more energy efficient.

Millions of workers can expect to see about $13 extra in their weekly paychecks, starting around June, from a new $400 tax credit to be doled out through the rest of the year. Couples would get up to $800. In 2010, the credit would be about $7.70 a week, if it is spread over the entire year.

The $1,000 child tax credit would be extended to more low-income families that don't make enough money to pay income taxes, and poor families with three or more children will get an expanded Earned Income Tax Credit.

Middle-income and wealthy taxpayers will be spared from paying the Alternative Minimum Tax, which was designed 40 years ago to make sure wealthy taxpayers pay at least some tax, but was never indexed for inflation. Congress fixes it each year, usually in the fall.

First-time homebuyers who purchase their homes before Dec. 1 would be eligible for an $8,000 tax credit, and people who buy new cars before the end of the year can write off the sales taxes.

Homeowners who add energy-efficient windows, furnaces and air conditioners can get a tax credit to cover 30 percent of the costs, up to a total of $1,500. College students -- or their parents -- are eligible for tax credits of up to $2,500 to help pay tuition and related expenses in 2009 and 2010.

Those receiving unemployment benefits this year wouldn't pay any federal income taxes on the first $2,400 they receive.

YOUR TAX MONEY AT WORK

CEOs, Bankers Used Corporate Credit Cards for Sex, Says New York Madam Wall Street Exposed as Convicted Escort Boss Reveals Client List of (9,800)

By ANNA SCHECTER, RHONDA SCHWARTZ and BRIAN ROSS February 6, 2009

SHARE Wall street lawyers, investment bankers, CEOs and media executives often used corporate credit cards to pay for $2,000 an hour prostitutes, according to the madam who ran one of New York's biggest and most expensive escort services until it was busted last year.

Brian Ross reports on the woman speaking out about the business of pleasure.

More PhotosBut prosecutors in the Manhattan District Attorney's office chose not to pursue any of the corporate titans, says Kristin Davis, who pleaded guilty last year to charges of running a prostitution business that used more than a hundred women.

"They showed no interest," said Davis in an interview for broadcast Friday on the ABC News program 20/20.

"Some of these guys, I was invoicing on corporate credit cards," she said. "I was writing up monthly bills for computer consulting, construction expenses, all of these things, I was invoicing them monthly so they could get it by their accountants," Davis said.

A spokesperson said district attorney Robert Morgenthau had "no comment" on the handling of Davis' case or her allegations.

Davis provided ABC News with a print-out of her computerized client list, the same one she says that was offered to the district attorney.

The document shows Davis kept meticulous notes about her clients, their credit card numbers and mobile phone numbers.

http://abcnews.go.com/blotter/story?id=6813806&page=1

[President] Obama calls stimulus bill a “major milestone”;
says it’s just the beginning
The Penticton Herald / Associated Press | February 14, 2009 | David Espo
Posted on 02/14/2009 12:36:17 PM PST by 2ndDivisionVet
http://www.freerepublic.com/focus/f-news/2185755/posts

The Stimulus Bill And The Lord Of The Rings (Hardcover Version)
February 13, 2009 | The Lords of your tax dollars
Posted on 02/13/2009 10:01:11 AM PST by an amused spectator
http://www.freerepublic.com/focus/f-chat/2184981/posts

-a major sidebar-

Inside source reveals FEMA & DHS preparing for
mass graves and martial law near Chicago
daily newscaster | February 11th, 2009 | D. H. Williams
Posted on 02/15/2009 4:51:58 PM PST by remaxagnt
http://www.freerepublic.com/focus/f-chat/2186419/posts

I know of a few losers that all live in the same house that are well and able to work, but they are “disabled”, and get food stamps. They get much more from this than we do..

I was absolutely amazed a few days ago. I turned on Fox & Friends for the first time in months and months. Huckabee and Geraldo were discussing the stimulus package.

Huckabee says that $13.00 a week tax cut is not enough. No one is going to go buy a car with $52.00 a month.

Then Geraldo gets on and says that they can't give money to the middle class because they won't spend it. They will just sit on it. But everyone knows that people on food stamps don't save money. If you double their food stamps, they will go out and spend them, and that will stimulate the economy.

I turned it off again.

Becki

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.