1. Bush Tax Cuts
... involves removing the marriage tax penalty, which obviously affects married couples. The third and finally cut that I"ll discuss is the Earned Income Tax Credit. This tax applies to working-class families with children. First an in-depth look at the proposed elimination of the federal tax on corporate dividends ... only corporate income that has been taxed. This proposal favors corporations that pay federal income tax; the only exception would involve corporations using foreign tax credit. If Congress passes this proposed tax cut than the investors of corporations, who pay federal income...
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