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Archive Home > 2009 > May > 10 > Downside to that $400 credit

Downside to that $400 credit

Obama"s new tax credit may mean extra money for some now, but maybe more for the IRS later

By Andrew Moore / The Bulletin
May 10, 2009

A few extra dollars in your paycheck is a good thing, right?

Since April 1, most workers in the country have taken home more money, thanks to the Making Work Pay tax credit that was created with passage of the federal stimulus bill in February. The $400 credit is showing up in workers’....

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