Bush Tax Cuts Expire and Taxmageddon Begins

Bush Tax Cuts Expire and Taxmageddon Begins

With the fiscal cliff avoided late on January 1st by the Taxpayer Relief Act, the tax cuts put in place by former president, George W. Bush have expired. The highest tax percentages could revert to nearly forty percent for those in the highest tax bracket. According to the Tax Policy Center, 83% of households could see an average tax increase of $3,701.

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Bush Tax Cuts Expire and Taxmageddon Begins
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2 Comments
keepalowprofile
1648 days ago
Am I the only reader of this website?
Eddie
1645 days ago
No but your an early adopter. Give it some time and more people will join in.