| The most sweeping tax cuts in a generation are due to expire at the end of the year. Congress is set to take up the issue this month. If Congress does nothing, families at every income level face tax increases next year. |
| ------ |
| 2011 Income Number of tax returns Average tax increase |
| Less than $10,000 28,681,000 $70 |
| $10,000 to $20,000 24,383,000 $410 |
| $20,000 to $30,000 18,523,000 $756 |
| $30,000 to $40,000 15,679,000 $893 |
| $40,000 to $50,000 13,001,000 $923 |
| $50,000 to $75,000 23,972,000 $1,126 |
| $75,000 to $100,000 15,245,000 $1,837 |
| $100,000 to $200,000 16,885,000 $3,672 |
| $200,000 to $500,000 3,757,000 $7,187 |
| $500,000 to $1 million 608,000 $18,092 |
| $1 million and over 315,000 $101,587 |
| ------ |
| Source: Joint Committee on Taxation |
© Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Waiting on Twitter...