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posted Apr 13, 2013, 3:58 PM by Laramie County Democrats   [ updated Apr 13, 2013, 3:58 PM by Stacey Obrecht ]

From the Wyoming Democratic Party

For Immediate Release
April 15, 2010

Contact: Brianna Jones
Communications Director

Wyoming Democratic Party Highlights Tax Cuts For Middle Class Families On Tax Day

White House Tool Helps American Taxpayers Save More, Maximize Recovery Act Tax Cuts

Casper, WY – Today is the deadline for Americans to file their 2009 taxes, and the White House is working hard to ensure that American families collect every dollar they’re owed, including money available under massive new Recovery Act tax breaks.

No less than 95 percent of working families, 98 percent in Wyoming, will enjoy tax cuts this year thanks to the middle-class-friendly tax policy of President Obama and Democrats in Congress. This year, largely because of Recovery Act savings programs, average tax refunds are up nearly 10 percent, despite Republican rhetoric to the contrary. In fact, President Obama and Democrats in Congress cut individuals’ federal tax bills for this year by approximately $173 billion. And over the life of the Recovery Act, Americans can expect to save around $300 billion in taxes.

Today, Wyoming Democratic Party Executive Director Bill Luckett highlighted the many benefits available to Wyoming residents.

“The Recovery Act cuts taxes for 98 percent of Wyoming’s working families and authorizes almost $300 billion in tax benefits across the country. The credits will help middle class families make ends meet and revitalize the American economy,” said Luckett. “As a result, families are receiving record tax refunds – on average $266 more than last year. Whether Americans bought a home or a car, sent their child to college, made green home improvements, or simply continued life as usual, they can expect a bigger tax break that will help them as our economy begins to recover. We want to make sure that every Wyoming resident knows about and is able to take advantage of these incredible benefits that the President and Democrats in Congress fought so hard to give them.”

With just hours left to file, some Americans have yet to claim their tax savings. The White House is making it easier for Americans to figure out their tax benefits before they file with a new tax savings calculator, available here. The savings calculator highlights new Recovery Act tax benefits including: the Making Work Pay tax credit; expanded tax credits for families; and tax savings for new home buyers, Americans who received unemployment payments, and Americans with children in college.