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Released: January 02, 2013
Deal means taxes will rise for most Americans
Source: Associated Press (USA Today)
Most Americans will pay higher federal taxes in 2013, even though the tax package Congress passed New Year's Day will protect 99% of Americans from an income tax increase.
About 77% of American households will face higher federal taxes in 2013 under the agreement negotiated between President Obama and Senate Republicans, estimates the Tax Policy Center, a nonpartisan Washington research group.
Read Full Article: Deal means taxes will rise for most Americans
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