I've watched MSNBC on how extending unemployment benefits will have the greatest job benefit of all the proposed policies. However, the one policy (extending the Bush tax cuts) which the CBO doesn't think will have any great impact on the number of jobs, it definitely will have an impact on the average person's taxes:

Well, if CNN is accurate, there is more to it than we thought. Just look at the chart.

Bush tax cuts: Cutting through the noise
The convoluted debate over whether to extend the Bush tax cuts will just grow louder. So here's some clarity on what the to-and-fro is really all about.
http://money.cnn.com/2010/11/15/news/economy/bush_tax_cuts_faqs/index.htm

The taxt chart only:
http://i2.cdn.turner.com/money/2010/11/15/news/economy/bush_tax_cuts_faqs/chart_bush_tax_cuts.top.gif
Tax Policy Estimator:
http://calculator.taxpolicycenter.org/


What I don't understand is why the system cannot isolate those small businesses who file personal income tax returns, employ fewer than 25, and whose income is greater than 250,000 but less than 300,000 and allow that small group to continue to receive the tax cut but remove it for everyone else who earns above 250,000? Get the small business each hiring 5 more employees without a tax hit but remove the tax cut for everyone else above that income level?

Only provide the tax cut if they actually hire 5 more employees (actually total number of employees must increase not just fire/hire) and their income remains under 300,000/yr.


The jobs issue:
GOP chooses wealthy over U.S. economy
Nov. 29: Rachel Maddow talks with The Huffington Post's Sam Stein about Republican insistence on tax cuts for the extremely wealthy despite the CBO having shown that to be the least stimulative means of helping the economy.
http://www.msnbc.msn.com/id/21134540/vp/40425400#40425400