Week of December 20, 2010 Economical Outlook by Marc Aarons
Money Managers, Inc. Presents: WEEKLY ECONOMIC UPDATE for December 20,2010.
THE BUSH-ERA TAX CUTS LIVE ON
THE BUSH-ERA TAX CUTS LIVE ON With the President’s signature, most of them will remain in place through 2012. Presented by Marc Aarons A holiday gift for taxpayers? After a 277-148 passage in the House and an 81-19 approval in the Senate, President Obama signed the 2010 Tax Relief Act into law on December 17, extending the Bush-era tax cuts.1 Here is the impact of the new legislation: Current federal income tax rates are preserved for everyone