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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
General Explanations of the Administrations Fiscal Year 2014 Revenue Proposals

General Explanations of the Administrations Fiscal Year 2014 Revenue Proposals

Department of the Treasury

Paperback

Investing & FinanceGeneral Political Science

ISBN10: 1503374432
ISBN13: 9781503374430
Publisher: Createspace
Published: Jan 3 2015
Pages: 256
Weight: 1.32
Height: 0.54 Width: 8.50 Depth: 11.00
Language: English
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.

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