Friday, July 6, 2012

Taxmageddon and its Impact on Society


Taxmageddon and Its Impact on Society:

On January 1, 2013 Americans will be hit by the largest tax increase in history.  Here are some of the top taxes (so far). 1.The Nation: $494 billion total tax increase on all Americans,  2. Families: $4,138 average tax increase,  3.Baby Boomers: $4,223 average tax increase,  4. Millennials: $1,099 average tax increase, 5. Low-Income Workers:  $1,207 average tax increase 6. Retirees: $857 average increase. States: $1,929 (WV) to $5,161 (CT) range in average tax hikes per return 8. Congressional Districts:  $1,236 (NY-16) to $13,951 (NY-14) range in average tax hikes per return

What ever happened to "If you are making less than $250,000 as a couple you will not see any Tax Increases - Not One Dime!" 

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