(Washington, DC) - The Making Work Pay Tax Cuts included in the American Recovery and Reinvestment Act (ARRA) take effect today.  Congressman Baron Hill supported the tax cuts aimed at middle- and lower-income households.

The tax cuts will provide up to $400 for individuals making less than $75,000 and up to $800 to married couples making less than $150,000.  Such credits will appear in workers’ paychecks, and the Internal Revenue Service has asked employers to have this all in place by today, April 1, 2009.  The U.S. Department of Treasury estimates that 2.4 million Hoosier families will benefit from the Making Work Pay Credit.

“These tax cuts will put money back into the hands of hard-working Hoosier families,” Hill said.  “Not only is it one of the quickest ways to stimulate the economy, many Hoosiers need this money to make ends meet during these difficult economic times.”