Congress Extends Popular Tax Breaks
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September 24, 2004 - Congress extended three of President Bush&#39;s most popular tax cuts by lopsided margins Thursday night.
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Congress last night passed legislation extending some of President Bush&#39;s most-popular middle-class tax cuts - giving Mr. Bush a win heading into the final campaign stretch before Election Day.
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Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
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The House of Representatives on  Saturday voted to gradually increase the federal minimum wage  to $7.25 an hour and also to cut estate taxes paid mostly by  the wealthy.
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New laws affecting your youngsters could increase your family's tax bill.
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The looming political battle over  how to reform the tangled U.S. income tax code could get ugly.  But one option, a tax aimed at boosting savings, holds promise.
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The U.S. House of Representatives has approved a seven-year extension to an Internet tax ban, the final step before the legislation heads to President George Bush to be signed into law.
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A House-Senate conference is expected to agree today to extend a package of tax cuts set to expire at the end of this year.
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The House of Representatives on  Friday approved legislation that extends popular tax breaks,  opens the Gulf of Mexico to new oil and gas drilling and  cancels a scheduled pay cut for doctors who treat the elderly  under Medicare.
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Congress is now poised to hand  President Bush an election-year tax cut victory after Senate  and House of Representatives negotiators on Wednesday night  agreed to extend popular tax breaks for children and couples  for five years.
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Congress has some seasonal tax goodies for you.
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WASHINGTON Sept. 24, 2004 - Legislation extending three popular middle-class tax cuts for the rest of the decade sailed through Congress by lopsided votes in both the House and Senate, giving President Bush
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The top U.S. congressional tax writer proposed sweeping tax legislation on Thursday that would repeal a tax for the rich that has been hitting more middle-class Americans and replace it with a new tax on high-income earners.
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Lawmakers on Thursday pieced together legislation extending popular tax breaks and saving doctors from a cut in Medicare payments as Republicans prepared to cede control of Congress to the Democrats.
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The House of Representatives  approved legislation on Tuesday extending a moratorium on state  Internet access taxes for seven years, sending the bill to the  president to sign into law.
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The US Congress on Friday reinstated a ban on Internet access taxes after the House of Representatives agreed to extend it for another three years rather than make it permanent.
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Lawmakers agreed to extend $145 billion worth of tax cuts sought by President Bush without trying to pay for them.