Obama implements tax cuts

With President Obama trying his best to fight the current recession, here is good news for American public. The President has announced the implementation of tax cuts for 95 % of Americans. This step is one of the steps of the 787 billion dollar plan of Obama to bring the old happy times back.

The President has said that this tax cuts will allow an American family to have extra $ 65 per month. Obama has called this as a step towards recovery. Obama’s plan includes $282 billion as tax cuts and $ 120 billion for public work projects. Ever since joining the office, the President’s main concern has been to fight the recession and his efforts have received mixed reviews.

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Posted by admin @ 24 February 2009 18 comments

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