On Tax Day, Celebrate Your $1,000 Tax Cut

Via karoli at Crooks and Liars, the facts about the tax cut President Obama gave to 98 percent of us last year.

State Fact Sheets and Analysis from Citizens for Tax Justice

Recent polling shows that most people believe President Obama has either left taxes the same for this past year or actually raised them. The truth could not be more different. The President cut taxes for 98 percent of working people in 2009. Read our fact sheet for details.

Fact Sheet: President Obama Cut Taxes for 98% of Working Families in 2009

According to a recent CBS News/New York Times poll, the vast majority of Americans do not perceive that they have received a tax cut from President Obama. Asked if the President “has already raised taxes this past year,” 53 percent of those polled said that the President has “kept taxes the same,” and 24 percent think that the President has “raised taxes.” A mere 12 percent believe that the President has cut their taxes.

This is an astonishing level of misunderstanding. The truth is that the major tax cuts enacted in the 2009 economic stimulus bill actually reduced federal income taxes for tax year 2009 for 98 percent of all working families and individuals. These tax cuts saved working families and individuals an average of $1,158 on the tax returns they will file by April 15. (The median tax cut was approximately $600.)

You can also click on your state below to see how working families in your state benefit from the tax cuts signed into law by President Obama.

Here's Kentucky's.

Send it to every teabagger you know.