Cover Story August 5, 2010, 5:00PM EST

Extending the Bush Tax Cuts

The cost from 2010 to 2020

The bill for extending all the Bush tax cuts except the estate and gift tax reductions through 2020: $3.5 trillion.*

• Income tax cut for families earning less than $250,000 a year: $1,184 billion

• Income tax cut for families earning $250,000 a year or more: $700 billion

• Inflation adjustment of the alternative minimum tax: $584 billion**

• Marriage tax relief: $360 billion

• $1,000 child tax credit: $359 billion

• Capital-gains and dividend tax cuts: $238 billion

• Other: $71 billion

* This analysis excludes the estate and gift tax cuts.

** Without this patch, the AMT would snatch back the Bush cuts from many higher-income taxpayers

Data: Joint Committee on Taxation, Treasury Dept.

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