Yet another tax cut what-if calculator

September 11, 2010
Man At Desk


I've got some personal errands to run this morning, so until I get back to blog more, I thought you might want to entertain yourselves with another tax calculator.

The Tax Policy Center's calculator lets us compare today's law, that's the 2001-2003 tax cuts still in place, against two alternatives to see how different taxpayers would make out:

  1. If all the 2001-2003 tax cuts, aka Dubya's tax cuts, expire as scheduled on Jan. 1, 2011, or
  2. If tax law changes proposed in Obama's 2011 budget are implemented, meaning the 2001-2003 tax cuts expire only for high-income taxpayers.

Like any good source discussing tax what-ifs, TPC emphasizes that its calculator is not tax preparation software; it leaves out lots of details necessary to complete a tax return.

But, says the website, it will give you a general idea of how the federal income tax affects real people.

Have fun crunching your possible tax numbers!

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Comments
  • 2011 tax calculator US
    16 years ago

    I like your article. Really this article is very useful for me. I have one tax refund calculator for calculate easily our tax refunds. Actually it’s not a calculator but it’s also called a tax refund estimator and this tax refund calculator work like software.

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