Congress Has a Choice

Tuesday, October 23, 2012 at 6:54 PM by

Congress faces a choice.

It can extend a tax break for a tiny number of wealthy estates. Or — for about the same amount of money — Congress can continue improvements to two tax credits that encourage work and help millions of people pull themselves out of poverty.

In Wisconsin, the tax break for wealthy estates would benefit only 40 estates a year, according to a new report. In contrast, the improvements to the tax credits would give a boost to 155,000 low- and moderate-income working families in Wisconsin. 

 

 

Categories: Blog, estate tax, FEDERAL BUDGET & TAXES, refundable tax credits | Comments Off on Congress Has a Choice

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