John A. Boccieri: “Can you imagine that the Democratic leadership in the United States Congress has given the largest tax cut to middle…”

“Can you imagine that the Democratic leadership in the United States Congress has given the largest tax cut to middle class America? Well, that is certainly not the narrative that you hear out there on the television shows and some of the radio shows, but $288 billion in tax cuts for individuals and small businesses delivered with the Recovery Act. Nearly 40 percent of that tax package was tax relief to middle class families, like the Making Work Pay Tax Credit, $400 for a worker, $800 per couple. Two hundred sixty thousand families in the 16th District are already benefiting. Eight thousand dollar tax credit for first-time homebuyers. Sixty thousand people in Ohio filed, totaling some $402 million in tax credits. Expansion of the child tax credit. Up to $2,500 in tax savings for families sending their kids to college. Two hundred sixty-four thousand Ohioans are benefiting. Five billion dollars to help businesses. Fifteen billion dollars to allow companies to carry over their losses. This serves as a reminder that the recovery package is the single largest tax cut for American middle class families. Remember this tax day who was standing with you.”