Recap of tax winners and losers in new jobs billKen Berry
October 4, 2011 — 172 views
President Obama has proposed a number of significant tax changes in the American Jobs Act of 2011, including payroll tax cuts, tax credits to encourage hiring, extension of the 100 percent bonus depreciation tax break, and several revenue-raisers. Overall, the recommendations in Obama's deﬁcit reduction plan would raise an estimated $1.5 trillion over ten years. Next move: It's up to Congress to take action on the bill.