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House passes Senate “Fiscal Cliff” – Sends Tax Increase to Obama

  • Writer: AIM Team
    AIM Team
  • Jan 1, 2013
  • 1 min read

The U.S. House has passed the Senate “fiscal cliff” bill that extends a number of tax cuts, raises taxes on individuals with incomes over $400,000 or $450,000 for households (including business owners and shareholders of flow-through entities), makes permanent changes to estate taxes, etc.

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