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Diane Publishing Books
Overview of Major Tax Proposals in the President劌製 FY2012 Budget
Mark P. Keightley (ed)
The Obama Administration released the President劌製 FY2012 budget proposal on February 14, 2011. According to the Administration劌製 estimates, the tax proposals in the budget would increase were made relative to a current policy budget baseline, which assumes certain polices that are scheduled to change in the future by law will not. In contrast, the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) make their projections relative to a current law budget baseline, which assumes future policy changes will occur as prescribed by current laws. This difference in baselines may result in the Administration劌製 estimates being different than future CBO and JCT estimates. This report provides a broad overview of the provisions included in the President劌製 budget request. Tables. This is a print on demand report.
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