Who Would Be Affected By Taxmageddon?
A 2013 Snapshot
All taxpayers would pay more because of the elimination of the 10 percent tax bracket.
Investors would lose tax breaks on capital gains and dividends. At present, taxpayers in the 15 percent or lower tax bracket pay zero Federal tax on dividends and capital gains. All others pay only 15 percent. This deal ends on 12-31-2012.