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: The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C.

Large Tax Cuts Planned

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From the Associated Press via Yahoo! News--"Dem aide: Obama supports $300B tax cut plan," by Philip Elliott--

President-elect Barack Obama, commencing face to face consultations with congressional leaders Monday, is embracing an unexpectedly large tax cut of up to $300 billion. Obama said the country faces an "extraordinary economic challenge."

Besides $500 tax cuts for most workers and $1,000 for couples, the Obama proposal includes more than $100 billion for businesses, an Obama transition official said. The total value of the tax cuts would be significantly higher than had been signaled earlier.


--Posted by Madison County Illinois personal injury lawyers and the Alton Illinois car accident attorneys of Schaeffer & Lamere, P.C., handling lawsuits for accidents in Missouri and Illinois, personal injury Illinois and Missouri , products liability Illinois and Missouri, workers' compensation, medical malpractice Illinois and Missouri, Illinois truck accidents and Missouri truck accidents, and all other types of injury cases.

Full post as published by The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C. on January 05, 2009 (boomark / email).

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