Friday, October 21, 2011

Obama Stimulus Pays $3.2 Billion In Tax Credits Incorrectly - HUMAN EVENTS

Obama Stimulus Pays $3.2 Billion In Tax Credits Incorrectly - HUMAN EVENTS: "One of the many programs packed into Barack Obama’s failed trillion-dollar “stimulus” package was called the American Opportunity Credit. This targeted tax credit of up to $2,500 per year was meant to help cover college expenses for the dependents of those with a maximum adjusted gross income of $80,000, a higher income level that comparable previous programs allowed. Smaller credits are available for those who earn up to $90,000 per year. The new credit is also good for the first four years of college, instead of just the first two."

'via Blog this'

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