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Tuesday, November 23, 2010
Debate Heats Up Over Bush Tax Cuts
Commonly referred to as the "Bush tax cuts," the Jobs and Growth Tax Relief Reconciliation Act of 2003 cut taxes on personal income, the estate tax, dividends, and capital gains- with a sunset provision for the tax cuts to expire at the end of 2010. As December 31st looms closer, the debate over whether or not to extend the Bush-era tax cuts is heating up.
Read the rest of my article at CAIVN to find out what the majority of American people think according to a recent Gallup Poll, and what the majority of leading economists said about extending the tax cuts. Find out here!