Economy: Economic News, Policy & Analysis - The Washington Post: Tax group: No, the real price tag for Obama’s tax plan is $243 billion

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Tax group: No, the real price tag for Obama's tax plan is $243 billion Jul 10th 2012, 13:00 Citizens for Tax Justice's Bob McIntyre points out that the White House's $150 billion price tag on Obama's one-year tax cut extension only appears to include part of the total cost — the income tax cuts. Obama's own 2013 budget includes two other provisions as well: a permanent fix to the Alternative Minimum Tax and relief from scheduled estate tax hikes, which are both separate from the standard income tax. "The only way that the White House can claim a cost of 'only' $150 billion or so would be to leave out part of the president's proposal," says Bob McIntyre, CTJ's director. Read full article >>

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