The Fiscal Cliff DealThe taxes paid by most Americans will definitely increase despite the fiscal cliff deal just signed by Congress.President Obama has declared that the fiscal cliff deal as a victory for middle class households. This may not be true because taxes are bound to go up and this will lead to an increase in middle class taxes.America also has a huge national debt of $16 trillion. The tax relief and pork included in the new deal will add about $4 trillion to the national debt over 10 years. The fiscal cliff deal has been hailed … Read the restThe post Understanding The Fiscal Cliff Deal appeared first on 2012 Tax - Free Tax Filing Options.
Understanding The Fiscal Cliff Deal
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