Which of the following is true with regard to the Obama administration’s $787 billion economic stimulus program?
A. Most Americans benefitted from the stimulus as the employment rate reached a record high.
B. First-time homebuyers were denied tax credits under the program.
C. Income tax rates were not reduced under the program but withholding rates were.
D. No tax credit was given under the Making Work Pay program.
Answer:C
Which of the following is true with regard to the Obama administration’s $787 billion economic stimulus program?
A. Most Americans benefitted from the stimulus as the employment rate reached a record high. B. First-time homebuyers were denied tax credits under the program. C. Income tax rates were not reduced under the program but withholding rates were. D. No tax credit was given under the Making Work Pay program.