Sunday November 18, 2012

The tax increases wouldn’t affect everyone equally, though all taxpayers would pay more. Here are the average increases for people at different income levels:

Income level Tax increase
Lowest 20% ($20,113 or less) $412
Low-middle 20%
($20,114 - $39,790) $1,231
Middle 20%
($39,791 - $64,484) $1,984
Upper-middle 20%
($64,485 - $108,266) $3,540
Highest 20%
($108,267 and above) $14,173
Top 1%
($506,210 and above) $120,537