{"id":34880,"date":"2012-10-02T16:30:18","date_gmt":"2012-10-02T16:30:18","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/cbs_unresolved_fiscal_cliff_could_raise_taxes_for_90_percent_of_u-s-_famili\/"},"modified":"2012-10-02T16:30:18","modified_gmt":"2012-10-02T16:30:18","slug":"cbs_unresolved_fiscal_cliff_could_raise_taxes_for_90_percent_of_u-s-_famili","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=34880","title":{"rendered":"(CBS) Unresolved fiscal cliff could raise taxes for 90 percent of U.S. families"},"content":{"rendered":"<p>According to the non-partisan Tax Policy Center, the U.S. is on the threshold of one of the largest tax increases in history, a tax hike that could average $3,500 for every American household.<\/p>\n<p>Without actions from Congress, the report says taxes will go up next year by 20 percent, or $536 billion overall. It will hit Americans at every income level including those living below the poverty line. For a middle income family making $40,000 per year, the tax increase is $2,000.<\/p>\n<p><a href=\"http:\/\/www.cbsnews.com\/8301-18563_162-57524033\/unresolved-fiscal-cliff-could-raise-taxes-for-90-percent-of-u.s-families\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the non-partisan Tax Policy Center, the U.S. is on the threshold of one of the largest tax increases in history, a tax hike that could average $3,500 for every American household. Without actions from Congress, the report says<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=34880\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,209,670,582,149,617,616,593,151,618,587,596,669,584],"tags":[],"class_list":["post-34880","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-budget","category-consumerconsumer-spending","category-economy","category-house-of-representatives","category-office-of-the-president","category-personal-finance","category-politics-in-general","category-senate","category-taxes","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/34880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34880"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/34880\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}