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The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) had an odd provision. It
provided that certain of the tax law changes would expire at the end of 2010. The tax law would then revert to
what was in effect in 2001 unless reenacted.
With the government so desperate for revenue, the changes for reenactment are zero. So taxpayers want to
know the effect of the reversion to 2001 tax law and if anything should be done now.