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Five Good Reasons to Prevent Taxmageddon
Posted By Mike Brownfield On May 21, 2012 @ 1:40 pm In Entitlements, Taxes & Spending | 6 Comments
On January 1, 2013, the American people will be hit with the biggest tax hike in history. It’s known as “Taxmageddon,” and it will bring $494 billion in higher taxes resulting from tax policies expiring in seven different categories, on top of new Obamacare tax hikes taking effect. In a new paper , Heritage’s J.D. Foster gives five good reasons for Congress to take action to prevent Taxmageddon before it hits.
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URL to article: http://blog.heritage.org/2012/05/21/five-good-reasons-to-prevent-taxmageddon/
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 In a new paper: http://www.heritage.org/research/reports/2012/05/tax-increase-preventing-taxmageddon-is-congress-s-summer-job
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