Middle Class Tax Cuts made Permanent
Today, Congressman Henry Cuellar (TX-28), announced that the House successfully passed the Middle Class Tax Relief Act of 2010, which permanently extended income tax cuts for all income up to $250,000 a year. The bill now goes on to a vote in the Senate. A typical middle-class American family will save approximately $1,000 per year and the wealthiest 3% of Americans would actually…