You probably received the benefit of the Making Work Pay Credit in the form of reduced payroll tax withholding and slightly bigger paychecks last year. But you don’t get to keep the credit ...

For example, many taxpayers were confused by the new Schedule M used to to claim the Making Work Pay credit -- a 6.2% payroll tax credit worth up to $400 for individuals or $800 for married couples.

Enact a Making Work Pay tax credit that would equal 6.2 percent of up to $8,100 of earnings (yielding a maximum credit of approximately $500). Indexed for inflation. "Barack Obama will strengthen ...