Medicare Social programs Social Security.
Dec 17, President Obama, joined by Vice President Biden, speaks before signing a compromise bill that extends the Bush-era tax cuts for all Americans, December 17, Estimated Reading Time: 5 mins. Nov 23, Updated November 23, When people refer to President Obama's tax cuts, they generally refer to thebillion tax cut deal signed in It extended the Bush tax cuts through and unemployment benefits through It cut payroll taxes by 2 percentage points, addingbillion to workers' spendable treegrinding.barted Reading Time: 8 mins.
Jul 11, After a protracted debate, Congress and President Obama agreed at the end of to extend the Bush tax cuts for two years, and They allowed the Making Work Pay Credit to expire but replaced it with a payroll tax “holiday” which reduced Social Security payroll taxes paid inand this was eventually extended through Jan 03, The American Taxpayer Relief Act of (ATRA), which President Obama signed into law last night, makes permanent 82 percent of President Bush’s tax cuts.
The Joint Committee on Taxation (JCT) and Congressional Budget Office estimate that making permanent all of the Bush tax cuts would have costtrillion over Estimated Reading Time: 4 mins. Feb 28, InPresident Obama signed the American Taxpayer Relief Act ofwhich made permanent 82% of the Bush tax cuts.
It cut individual income tax rates, doubled the standard deduction, and eliminated personal exemptions.
19 Bush tax cut provisions that expired included reduced income, capital gains, and dividend tax rates, limits on personal exemptions, and reduced estate tax rates. Economic Impacts of the Bush Tax Cuts.