Why Bush Tax Cuts Should be allowed to Expire

more+
less-

Nobody likes to pay taxes yet we all know that paying taxes is part of modern life. As such, everyone generally rejoiced when tax cuts were implemented during the Bush era starting from the early 2000s. The tax cuts at that time were enforced to give a semblance of a balanced budget. But these tax cuts were only good through 2010. Thus, on December 31 this year, the tax cuts will expire and Congress will deliberate what to do thereafter – should these tax cuts be maintained for future budgets or should they be allowed to expire.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

Written by:

more+
less-

The Law Offices of Darrin Mish, P.A. on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×