Looks like just over 2k a year. They go down a few hundred under Obama's plan. I didn't do the detailed calculation though, so any deductions aren't included. I assume those deductions have similar effects on each plan so I don't assume they will make a huge difference in this prediction.
Thankfully we usually get around 2k back in a tax refund, so while it would impact our overall financial situation, at least we're not talking about any kind of major monthly change.
Post by heliocentric on Dec 20, 2012 13:48:48 GMT -5
I am idiot. Can someone explain where I find what they are now?
There doesn't seem to be much difference between the Obama and Republican plans for us (about $700 more for R plan), but the there is with the fiscal cliff (about $4K more).
ETA: Now I'm totally confused. I just found the summary on the side and it says my tax buden will be $4K LESS if we go over the fiscal cliff. How is that possible?
I refuse to look. Keeping my head in the sand is the only way to go right now. I've never felt we were taxed unfairly, but sadly the tax code doesn't take into account our two-household situation, so things are just extraordinarily tight right now.