nakedempire


The American Empire in a Changing World



Pages

Thursday, October 4, 2012

''US Households Face $3,446 Tax Increase From 2013 Fiscal Cliff''

From MoneyNews

''U.S. households are facing an average tax increase of $3,446 in 2013 if Congress doesn’t avert the so-called fiscal cliff, the nonpartisan Tax Policy Center said in a study released Monday in Washington.

The top 1 percent of households face some of the largest tax increases and would see their average federal tax rates hit 40.5 percent, up 7.2 percentage points from this year. That would translate to an average tax increase of $120,537.''

read more 

No comments:

Post a Comment