The U.S. Congress passed an $858 billion bill extending for two years all Bush-era tax cuts and including provisions relating to the estate tax, sending the measure to President Obama for his signature.
See coverage at the following links:
- Congress Sends $801 Billion Tax Cut Bill to Obama, by David M. Herszenhorn, NY Times.
- Congress Passes Extension of Bush-Era Tax Cuts, by Lori Montgomery & Shailagh Murray, Washington Post.
- Congress Passes $858 Billion Tax-Cut Extension, Sends to Obama for Signing, by Ryan J. Donmoyer & Peter Cohn, Bloomberg.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.
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