The calculator computes income taxes under the following scenarios:
- Congress allows all of the Bush tax cuts to expire;
- Congress acts to extend into 2011 all of the Bush tax cuts (the position of most congressional Republicans);
- Congress passes the tax laws suggested in President Obama's budget, letting cuts expire for families making over $250,000 a year (and singles making over $200,000), as well as extending some stimulus measures and imposing new limitations on itemized deductions; and
- Congress passes the tax laws recently proposed by congressional Democrats, similar to the Obama plan, but without extending stimulus measures and with no additional limitations on itemized deductions.
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