Notes From the Fieldby Martin Weil

January 2, 2013

Everyone is Going to Pay More Taxes in 2013

While all the attention has been on the tax increases for earners over $400K, the 2% “payroll tax holiday” enacted two years ago was let to expire in the deadline negotiations in Congress. Credit Suisse provides the chart below of the average increase in tax burden, by various income brackets.

Chart courtesy Matt Yglesias.

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