Shhhhhhhhhh....... FiveThirtyEight: Politics Done Right: Obama Has Cut Taxes for 98.6 Percent of Working* Households** The broadest tax cut in the stimulus package is the â€śMaking Work Payâ€ť tax credit, worth about $116.2 billion (see the Urban Brookings Tax Policy Center for this and other figures) and applicable to the vast majority of working Americans. Indeed, all single filers making less than $95,000 and all joint filers making less than $190,000 are eligible for this tax cut. Most of them, in fact, are already receiving it in the form of lower withholding on their paychecks. The well-to-do are benefiting too â€“ or at least they will once it comes time to file their taxes next April. Thatâ€™s because, as part of the stimulus, the government extended the alternative minimum tax (AMT) â€śpatchâ€ť, which reduces the tax burden for some 24-26 million Americans who would be subject to the AMT.