Tencent Financial News The White House said US President Barack Obama on Wednesday (January 2nd) signed the "fiscal cliff" legislation passed by Congress, the bill would increase the rate of high-income groups, and extend middle class tax cuts.
Obama is in Hawaii to spend their New Year holidays, he is able to imitate the handwriting using a pen automatically "Remote signed" in.
Prior to this, the US House and Senate have passed the "fiscal cliff" bill, thus avoiding the automatic start of the $ 600 billion tax increase and cut public spending measures to bring the economy to at least temporarily relaxed.
Analyst at Brown Brothers Harriman (Brown Brothers Harriman) in a note to clients report said: "It seems everyone is relieved, completely drop the fiscal cliff, which dragged down the risk of a recession has been avoided."
However, this bill would increase support for social pension insurance scheme payroll taxes (payroll tax) tax rate, it means that most Americans tax burden will rise.
The bill will also annual household income of more than $ 450,000 raised by the income tax rate, although below this threshold would continue to use the 2012 tax rate.
Other modest tax increases - including helping to support Obama 2010 health care reform law on the taxation of wealthy families, economic growth may make additional reduction of 0.25%.
The agreement to bypass the United States to cut government spending to address the deficit problem, in February, the two parties will also address the US debt ceiling of $ 16.4 trillion looming.