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Nation’s senior tax policy advisers to address nation’s fiscal cliff

Nation’s senior tax policy advisers to address nation’s fiscal cliff

Published: Oct 22nd, 2012

Tax cuts set to expire at the end of the year will trigger higher average tax bills of almost $3,500 across all households in the U.S., and $2,000 for middle income households. Experts say this looming “fiscal cliff” would result in unprecedented tax hikes that could result in a major economic slowdown unless the current rates are renewed. […]