If the Bush Tax Cuts are ELIMINATED what will happen to U.S. Families paying Federal Income Tax?

December 27, 2012

MyTaxBurden -  CLICK for Tax Policy Calculator 

This calculator allows you to compare your federal tax burden under two scenarios - what you paid when you filed this year (2011 tax law), and what you'll pay in 2013 assuming the country goes over the "Fiscal Cliff" - that is, all Bush-era and Obama tax cuts expire, the payroll tax holiday expires, and AMT is not patched.    

 

increase in fed taxes 2013


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