Huge Tax Increase Looms At Year-End ‘Fiscal Cliff’
WASHINGTON (AP) — A new study is detailing how taxpayers across the income spectrum would face whopping tax hikes next year if Washington fails to renew a lengthy roster of tax cuts set to expire in December.
A typical middle-income family would see its taxes go up by $2,000 says the report from the Tax Policy Center, a joint effort of two Washington think tanks...