How is Obama's tax relief package any different fron Bush's?

[seriousstan]

* Provide an immediate $250 tax cut for workers and their families.
* Provide an immediate, temporary $250 bonus to seniors in their Social Security checks.
* Provide an additional $250 tax cut to workers and an additional $250 to seniors if the economy continues to worsen

Barack Obama's economic stimulus plan will inject $75 billion of stimulus into the economy by getting money in the form of tax cuts and direct spending directly to the people who need it most. Obama's proposal will immediately provide stimulus using means that do not require lengthy governmental or administrative delays. The plan also reserves an additional $45 billion of stimulus that can be injected into the economy quickly in the future if the economy continues to deteriorate.

[sunonmars]

1. Well we will quickly find out if that plan works, it seems

and judging by the way the markets responded to that, not very well.

[SteppingRazor]

2. Obama is specificaly for ending Bush's tax cuts for the wealthiest Americans...

and using that money to help pay for his healthcare plan. So, by definition, his tax plan isn't the same as Bush's.

[sandnsea]

3. Working people get a FICA benefit

You have to actually pay significant taxes to get a tax cut benefit.

[Barack_America]

4. And that's no small detail.

It's really the cornerstone of the plan, IMO.

Thanks for mentioning it.

[FrenchieCat]

5. Obama's plan also included excluding those who make $50,000 and under

from having to pay any payroll taxes to provide them with immediate relief.

IN addition to what you list, he proposes injecting money into local and state communities for Mortgage assistance for those who need it. There are additional facets to his proposal.

[jackson_dem]

6. It is a slightly more progressive version of the Cheney-Bush mid-2001 tax rebate check "stimulus"