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20 sty 2022 · The Economic Growth and Tax Relief Reconciliation Act cut income taxes. Most of those benefits accrued either to families with children or high-income earners. The Jobs and Growth Tax Relief Reconciliation Act cut corporate taxes and accelerated the income tax phase-in. Congress passed the Bush tax cuts to fight the 2001 recession.
Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub. L. 111–5 (text) (PDF)), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.
President Obama has passed wide-ranging tax relief for working families and small businesses — the drivers of economic growth — while also ending tax cuts for the top 2 percent highest-income Americans.
22 paź 2024 · Personal exemptions for tax year 2025 remain at 0, as in tax year 2024. The elimination of the personal exemption was a provision in the Tax Cuts and Jobs Act of 2017. Itemized deductions. There is no limitation on itemized deductions for tax year 2025, as in tax year 2024 and preceding, to tax year 2018.
13 gru 2010 · Recently, President Obama and Senate Republicans agreed on a compromise plan, where all of the Bush tax cuts and nearly all of the stimulus bill tax cuts are extended for two years.
The American Taxpayer Relief Act of 2012 (ATRA) was enacted and passed by the United States Congress on January 1, 2013, and was signed into law by US President Barack Obama the next day. ATRA gave permanence to the lower rates of much of the "Bush tax cuts". [1]The Act centers on a partial resolution to the US fiscal cliff by addressing the expiration of certain provisions of the Economic ...
5 dni temu · The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.
