| General Explanations of the Administrations Fiscal Year 2014 Revenue Proposals Contributor(s): Department of the Treasury (Author) |
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ISBN: 1503374432 ISBN-13: 9781503374430 Publisher: Createspace Independent Publishing Platform OUR PRICE: $17.09 Product Type: Paperback - Other Formats Published: January 2015 |
| Additional Information |
| BISAC Categories: - Political Science | Political Economy - Business & Economics | Taxation - General |
| Physical Information: 0.54" H x 8.5" W x 11" (1.32 lbs) 256 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The BBEDCA baseline, which is commonly used in budgeting and is defined in the statute, reflects, with some exceptions, the projected receipts level under current law, including the American Taxpayer Relief Act of 2012 (ATRA). However, while ATRA made much middleclass tax relief permanent, it extended the American Opportunity Tax Credit (AOTC), Earned Income Tax Credit (EITC) expansions, and Child Tax Credit (CTC) expansions only through 2017. This Budget uses an adjusted baseline that is intended to be more realistic. The adjusted baseline permanently continues the AOTC, EITC, and CTC expansions extended through 2017 in ATRA. |