“On January 1st, 2013, there will be a $494 billion tax increase on you. This is the highest single-year tax hike in U.S. history. We call it taxmageddon.
Taxmageddon is coming from a variety of income tax rates increases, a higher death tax, new taxes from Obamacare, and many more. These tax hikes will primarily hit the middle class, with the dreaded Alternative Minimum Tax being the worst offender. You need to see the details to grasp just how bad it is.” Heritage Action