Tax Law Changes How Will Proposed Tax Legislation Affect You? Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by Modified Jul 23, 2019 1 min read Congress can decide to extend former President Bush’s tax cuts, follow the changes proposed by President Obama, or let the tax cuts expire without any action. The question is who will pay more taxes? Learn more about what others are saying about proposed tax cuts from Forbes.com and SmartOnMoney. Take a look at how proposed tax legislation could impact next year’s tax return (2011 tax year). Choose which household best describes your situation to see how your tax rate may change. [kml_flashembed movie=”http://images.blog.turbotax.intuit.com/swf/Tax-Cuts.swf” height=”580″ width=”636″]Please install the latest version of adobe flash[/kml_flashembed] Interactive by Column Five Media [tt_share_code url=”http://images.blog.turbotax.intuit.com/swf/Tax-Cuts.swf” width=”636″ height=”650″ title=”Tax-Cuts” alt=”Tax-Cuts”] Written by More from Leave a Reply Cancel reply Browse Related Articles Self-Employed Self Employed: Living and Working Abroad? Here’s What… Investments What is a Bear Market and What Does it Mean to You? Income and Investments 4 Summer Activity Ideas That Won’t Break the Bank Tax Planning Everything You Need to Know About Property Taxes Self-Employed Self-Employed? Quarterly Tax Date Deadlines for Estimat… Income and Investments Recent Grad? Here are Four Reasons to Start Saving Now … Investments Real Estate Taxes vs. Property Taxes Retirement So You’re Thinking About Retiring One Day? Self-Employed Self-Employed Tax Tips & Summer Jobs Work So You’re Crossing State Lines?