{"id":36563,"date":"2013-01-02T17:41:21","date_gmt":"2013-01-02T17:41:21","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/the_deal_congress_passed_means_higher_taxes_on_77_of_households\/"},"modified":"2013-01-02T17:41:21","modified_gmt":"2013-01-02T17:41:21","slug":"the_deal_congress_passed_means_higher_taxes_on_77_of_households","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=36563","title":{"rendered":"(Bloomberg) The Deal Congress Passed Means Higher Taxes on 77% of Households"},"content":{"rendered":"<p>The budget deal passed by the U.S. Senate [and House]&#8230; would raise taxes on 77.1 percent of U.S. households, mostly because of the expiration of a payroll tax cut, according to preliminary estimates from the nonpartisan Tax Policy Center in Washington.<\/p>\n<p>More than 80 percent of households with incomes between $50,000 and $200,000 would pay higher taxes. Among the households facing higher taxes, the average increase would be $1,635, the policy center said. A 2 percent payroll tax cut, enacted during the economic slowdown, is being allowed to expire as of [December 31]<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/business\/bloomberg\/article\/Senate-Passed-Deal-Means-Higher-Taxes-on-77-of-4159954.php\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The budget deal passed by the U.S. Senate [and House]&#8230; would raise taxes on 77.1 percent of U.S. households, mostly because of the expiration of a payroll tax cut, according to preliminary estimates from the nonpartisan Tax Policy Center in<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=36563\">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":[40,670,582,149,617,675,616,593,151,667,618,673,587,669,584],"tags":[],"class_list":["post-36563","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-budget","category-consumerconsumer-spending","category-economy","category-house-of-representatives","category-medicare","category-office-of-the-president","category-personal-finance","category-politics-in-general","category-president-barack-obama","category-senate","category-social-security","category-taxes","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/36563","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=36563"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/36563\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}