How Much Will Bush Tax Cuts Cost? A Lot

Tuesday, Aug 3, 2010 9:44 a.m.

The Tax Foundation has released a report showing how the expiration of the Bush-era tax cuts would affect the average middle-income family in each state and congressional district.

The report looks at the average family in the middle 20 percent of the income spectrum and compares their 2011 federal income tax liability if all the tax cuts expire to their tax bill if all the tax cuts are extended.

Continued: http://www.newsmax.com/InsideCover/Bush--Tax--Cuts--Cost/2010/08/03/id/366434?s=al&promo_code=A693-1