In Washington, such temporary tax breaks have a way of getting extended and extended.
It also includes about four dozen other temporary tax cuts that expired last December 31.
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Delaying tax filing is only the most tangible result of last-minute and temporary tax legislation.
The theoretically temporary tax cut is due to expire again in a couple of weeks.
Did temporary tax cuts makes Russian enterprises as transparent and productive as their German counterparts?
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As the whole sorry debate shows, temporary tax cuts tend to become permanent in America.
But if recent history is any guide, the temporary tax breaks will surely be extended.
Provide more temporary tax incentives like the cash for clunkers program or the first time homebuyers credit?
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Congress could do its part by creating additional temporary tax incentives for certain types of charitable donations.
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Letting the temporary tax cut expire as planned, they thundered, would raise taxes on 160 million working people.
Philadelphia's mayor, Michael Nutter, has already sacked workers, passed a temporary tax increase and stopped sweeping up leaves.
One day we will have to pay for the consumption of the candy (paying for this temporary tax cut).
The government's announcement on July 29th had been expected to include a temporary tax increase to pay for reconstruction.
Its editorial argues that temporary tax cuts have a way of becoming permanent.
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On the other hand, a temporary tax break for investment could well work, encouraging firms to bring forward capital spending.
And that was despite some firms boosting spending to exploit a temporary tax benefit that expired at the end of the year.
Doyle and Krislert Samphantharak found that gas stations will pass on some but not all of a temporary tax cut to customers.
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Employers may also see through the Washington tax bait-and-switch, figuring that they'll pay for the temporary tax cut with higher taxes later.
In successive administrations, the country has spent trillions in temporary tax credits and short-term "stimulus" to goose growth by the next election.
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All we did was let some temporary tax cuts expire as scheduled.
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But such temporary tax reductions do not stimulate economic growth and jobs either, as permanent cuts and incentives are necessary for permanent jobs.
Their first mistake was adopting the President's language that he is proposing a tax cut rather than calling it a temporary tax holiday.
To make matters worse, a permanently temporary tax cut further damages the credibility of the Social Security system which the payroll levy is supposed to fund.
The government must set up a separate budgetary account for disaster reconstruction expenditures and receipts of temporary tax proceeds, to enable close public oversight and auditing.
In America the tightening will come by default, as Republicans in Congress refuse to pass Barack Obama's latest stimulus plan and as temporary tax cuts expire.
The drop is driven by the recession (which lowered tax revenues even faster than it lowered income) and by temporary tax cuts included in the stimulus package passed last year.
Still, Rangel says he won't attempt to roll back the temporary tax breaks already in the law, including the special top 15% rate for capital gains and dividends.
They also assume that the temporary tax provisions (the so-called extenders) and the temporary Medicare physician payment adjustment (the doc fix) expire in a year as the law states.
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President Bush today urged lawmakers to make temporary tax cuts permanent, though with control of the House and Senate up for grabs in November, any real legislative progress seems unlikely.
You might wonder, for the umpteenth time, why - if things are so bad - the IMF doesn't say temporary tax cuts or public investment would be helpful right now?
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