Say that the Bush tax cut were to expire and the House and the Senate were to fail to pass legislation to make permanent the Bush tax cut, eliminating the marriage penalty, wiping out the death tax, across-the-board tax reductions, helping low-income families, creating a much lower tax bracket for low-income families, would you consider that a tax increase?
Gerald Weller: “Say that the Bush tax cut were to expire and the House and the Senate were to fail to pass legislation to make permanent…”
Editor's note · Context
Discussing the implications of allowing the Bush tax cuts to expire.
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