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The Seven Things You Need to Know About the Tax Deal

2 Jan

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Last night, Republicans and Democrats in the House of Representatives joined the Senate in passing the American Taxpayer Relief Act of 2012. That means middle-class families won’t see an increase in their income tax rates. We’ve avoided the fiscal cliff.

President Obama will sign the legislation soon. Last night, he described the agreement as, “one step in the broader effort to strengthen our economy and broaden opportunity for everybody.

Watch this video that President Obama recorded about the “fiscal cliff” agreement: http://OFA.BO/UpngYM

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