Tax Issues

Tax Issues

Great Q&A about the Bush Tax Cut.

Chris Edwards on the Bush Tax Cut on NRO Financial

Q: Won't the tax cut blow a $550 billion hole in the federal budget?
A: No, the $550 billion is cumulative over 11 years (2003-2013), averaging just $50 billion a year. It's like Congress labeling your $600 child tax credit a $6,600 tax cut.

--30--