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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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The Seven Things You Need to Know About the Tax Deal

Neno
Neno
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Posts : 10936
Join date : 2012-12-17
Age : 58
Location : Lone Star State

 The Seven Things You Need to Know About the Tax Deal  Empty The Seven Things You Need to Know About the Tax Deal

Post by Neno Wed 02 Jan 2013, 3:01 pm

Last night, Republicans and Democrats in the House of Representatives joined the Senate in passing the American Taxpayer Relief Act of 2012. That means middle-class families won't see an increase in their income tax rates. We've avoided the fiscal cliff.

President Obama will sign the legislation soon. Last night, he described the agreement as, "one step in the broader effort to strengthen our economy and broaden opportunity for everybody."

"Under this law, more than 98 percent of Americans and 97 percent of small businesses will not see their income taxes go up," he said. "Millions of families will continue to receive tax credits to help raise their kids and send them to college. Companies will continue to receive tax credits for the research that they do, the investments they make, and the clean energy jobs that they create. And 2 million Americans who are out of work but out there looking, pounding the pavement every day, are going to continue to receive unemployment benefits as long as they’re actively looking for a job."

We know that that a lot of people have questions about the deal, so we've pulled together some of the most important facts. Here are the seven things you need to know:
The Seven Things You Need to Know About the Tax Deal

 The Seven Things You Need to Know About the Tax Deal  Tax_deal_2013_0

http://www.whitehouse.gov/blog/2013/01/02/seven-things-you-need-know-about-tax-deal?utm_source=wh.gov&utm_medium=shorturl&utm_campaign=shorturl

    Current date/time is Sat 24 Sep 2022, 3:22 pm