Fiscal Cliff Tax Deal Impact Primarily on High Earners

10:30 pm Asset Protection, Estate Planning

A Wall Street Journal infographic describes the provisions of the fiscal cliff tax deal that Congress approved in the wee hours of January 1, bringing the first major tax increase on high earners in two decades:

Fiscal Cliff Tax Deal  e1357165743795 Fiscal Cliff Tax Deal Impact Primarily on High Earners

According to the Tax Policy Center, more than 90 percent of the tax increases will fall on those making more than $1 million annually.

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