Posted by & filed under Part 6 Managing Financial Resources.

Description:The deal to extend the Bush-era tax cuts for two years includes a bevy of additional credits and deductions that will reduce the burden on nearly all households.

Source: NYTimes.com

Date: 12/07/2010

Link: http://www.nytimes.com/2010/12/08/us/politics/08impact.html?ref=business

Questions for discussion:

  • Summarize the basic agreement that was reached for taxes.
  • What are the basic arguments over who should pay and how much?
  • How will the tax cuts affect the economy?

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