The American Recovery and Reinvestment Act of 2009 will cut taxes for 97% of all households in 2009, raising their after-tax income by an average of 2%. The biggest gains will go to people with the lowest incomes. They will see their after-tax income jump by an average 4.7%. Nearly half of the gain will come from the “Making Work Pay” credit — which is up to $400 for individuals and $800 for couples. It means that from April 1st a typical family will start taking home at least $65 more every month. The credit is phased out for higher-income taxpayers - individuals who have an adjusted gross income of between $75,000 and $95,000, and married couples filing jointly who make between $150,000 and $190,000 – many of them will see little or no change in their paychecks. Sources: Tax Policy Center and AP.