The Fiscal Cliff and the Dynamics of Income

Leslie McGranahan and Tom Nohel

Chicago Fed Letter, 2014, issue Apr, No 321

Abstract: At the end of 2012, certain income tax policies were set to end and others to become effective. Central among these was the planned expiration of the 2001 and 2003 tax cuts (the ?Bush tax cuts?), which had been extended for two years in 2010.

Keywords: Income tax; Fiscal cliff (search for similar items in EconPapers)
Date: 2014
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