Multiple Choice
When the 2001 tax cuts were passed,they were set to expire after:
A) 10 years,but the reduced tax rates for those making under $400,000 were permanently extended in 2012.
B) 2 years,but the reduced tax rates for those making under $400,000 were permanently extended in 2003.
C) 10 years,so tax rates reverted to 2001 levels in 2011.
D) 2 years,so tax rates reverted to 2001 levels in 2003.
Correct Answer:

Verified
Correct Answer:
Verified
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