Senate Republican Leader Mitch McConnell has introduced the Tax Hike Prevention Act of 2010. In addition to preventing the Bush tax cuts from expiring, the bill would help families in a number of ways. It would:
- keep the marriage penalty from coming back
- continue the child credit at $1000 per child
- save many families from the dreaded Alternative Minimum Tax
- keep current rates on the capital gain tax
- reforms the death tax.