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unblock

(52,089 posts)

3. all it means is that the rates don't automatically change at some point in the future.

Reply to Ken Burch (Original post)

Wed Jan 2, 2013, 06:45 PM

Jan 2013

any future congress is free to change taxes at any point.

the shrub tax cuts were never "permanent" in the sense that the law that put them in in 2001 also had them expire in 2011.

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So...how "permanent" IS "permanent"?(a taxing question) [View all] Ken Burch Jan 2013 OP

It means permanent until sufficient political will exists to make a change NoOneMan Jan 2013 #1

also interpretable as "until next time" HereSince1628 Jan 2013 #9

It's only 'permanent' cause they're not automatically scheduled to expire... PoliticAverse Jan 2013 #2

all it means is that the rates don't automatically change at some point in the future. unblock Jan 2013 #3

It means there is no sunset provision and to change it, new legislation must be passed. TheKentuckian Jan 2013 #4

Congress can't tie the hands of future Congresses via laws jeff47 Jan 2013 #5

To add to others ... the Clinton tax rates were "permanent", until the Bush Congress changed them. JoePhilly Jan 2013 #6

I don't think so. Lasher Jan 2013 #7

I don't think there was an expiration date on the Clinton taxes. JoePhilly Jan 2013 #8

"Permanent" only means that there is no explicit sunset provision alcibiades_mystery Jan 2013 #10

They could change the tax rates tomorrow - if they could pass it through karynnj Jan 2013 #11