Hey, Middle Class! Here's your tax cut!
Details here.
That's not for the upper middle class, of course.
...And if you're making a good salary, you might not see any change or only a very minimal one.
The Making Work Pay credit is phased out for a married couple filing a joint return who have modified adjusted gross income between $150,000 and $190,000. Single (including head of household and married fling separately) taxpayers will see the credit reduced if their modified AGI is between $75,000 and $95,000.
