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John Gilligan Summarizes The Newly Enforced “American Tax Payer Relief Act”

John Gilligan summarizes the American Tax Payer Relief Act (“ATRA”), which Congress passed on January 1, 2013, to prevent our country from falling over the fiscal cliff.  President Obama signed the bill into law the very next day.  The “ATRA” bill makes permanent many of the “temporary” Bush tax cuts which were expiring on December 31, 2012.  It also temporarily extends other expiring tax cuts.  

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