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General Explanations of the Administrations Fiscal Year 2014 Revenue Proposals

by Department of the Treasury
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Current price ₹1,701.00
Original price ₹1,764.00
Original price ₹1,764.00
Original price ₹1,764.00
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₹1,701.00
Current price ₹1,701.00

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Book cover type: Paperback
  • ISBN13: 9781503374430
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Publication Date:
  • Pages: 256
  • Original Price: USD 17.99
  • Language: English
  • Edition: N/A
  • Item Weight: 599 grams
  • BISAC Subject(s): Political Economy and Taxation / General

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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