2 ms·
Congress can change the rates at any time, and they can set the effective date to any date. Whether they would do that or not is an open question.
by jeffbee 2y ago
Congress can change the rates at any time, and they can set the effective date to any date. Whether they would do that or not is an open question.
- billconan 2y agoIs there a way to track Congress’s activities related to potential tax rate changes? I’d like to stay informed and avoid being caught off guard by any sudden changes. I’ve looked into this, but it’s more complicated than I expected. For example, Congress votes on 12 separate appropriations bills related to the budget, and I’m not sure which ones impact tax rates or when those votes are scheduled?