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Tuesday, July 24, 2012

White House: Families' taxes could go up $1,600 - Yahoo! News

White House: Families' taxes could go up $1,600 - Yahoo! News


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President Barack Obama waves in the East Room of the White House in Washington, Monday, July 9, 2012, after calling on Congress to pass a temporary, one-year extension of the Bush-era tax cuts for people who make less than $250,000 a year. (AP File Photo/Susan Walsh)

Big tax jumps loom for many Americans

If a partisan debate isn't resolved, 114 million households will get socked, the White House says.

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