How Does the New Economic Stimulus Law Affect Your Tax Bill?
Thursday, February 26th, 2009The federal economic-stimulus packaged includes tax provisions focused on cutting marginal tax rates and expanding tax incentives. While the new tax agenda increases taxes on upper-income Americans, it also includes plenty of tax cuts.
To fund deficit-reduction and other federal projects, the new stimulus law would increase a range of taxes - which falls in line with President Obama’s pledge to cut taxes for the middle class while allowing tax cuts
