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Tax Feb 2013 - "Fiscal Cliff Deal Tax Changes"

Tax Feb 2013 - "Fiscal Cliff Deal Tax Changes"

Tax Feb 2013 - "Fiscal Cliff Deal Tax Changes"

Excerpt


Fiscal Cliff Deal Tax Changes



On Jan. 1, the House and Senate reached agreement on a deal to avoid the full force of $600 billion in tax hikes and spending cuts that many economists believed would return the U.S. economy to a recession. Although the legislation does not address many of the larger budget issues, it does rescind what would have been dramatic tax increases for the majority of Americans.


 


 



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