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Steelers Politic Talk
Posted On: 01/04/2013 10:05:04 AM
Post# of 1903
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Posted By: Lmcat

Workers Making $30,000 to Take Bigger Hit Than Those Earning $500,000


January 4, 2013




Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.


Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent – or up to $1,784 – the D.C.-based think tank reported.


Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.


http://visiontoamerica.com/13513/workers-maki...ng-500000/


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