[dartuser]

Duh ... I need new glasses, Bush tax cuts extended is better.

[SeekAndFind]

BTW, here’s a description of the Obama Tax Plan ( not yet brought to the floor in Congress ) :

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Obama’s Budget Proposal

President Obama proposed in his Budget last February that Congress allow some of the Bush tax cuts to expire while extending others into 2011. He introduces a few reforms of his own, including an extension of the making-work-pay credit, which Congress seems ambivalent about extending but which we include. This column shows how much income tax you will owe in 2011 under this scenario. For detailed information visit this page:

http://www.taxfoundation.org/news/show/26118.html

Note: The President’s Budget includes an “AMT patch” for 2011, exempting more taxable income from the alternative minimum tax (AMT). This calculator assumes an AMT patch for all three scenarios.