Los Angeles Business Journal

When You Think 'Fiscal Cliff', Think $2,000

Tuesday, October 2, 2012

The Washington Post and Associated Press report that a typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy roster of tax cuts set to expire at the end of the year, according to a new study.