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Fiscal Cliff Notes An occasional series which breaks down the looming "fiscal cliff" of expiring tax cuts and deep automatic spending cuts set to hit around the first of year.
Special Series

Fiscal Cliff Notes

Breaking down the looming 2013 "fiscal cliff" of expiring tax cuts and deep automatic spending cuts.

Friday

Obama Would Pay More — Romney, A Lot More — If Bush-Era Tax Cuts End

President George W. Bush signs tax cut legislation on June 7, 2001. The cuts from this and a subsequent bill are set to expire at the end of 2012. Stephen Jaffe/AFP/Getty Images hide caption

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Stephen Jaffe/AFP/Getty Images

It's All Politics

Obama Would Pay More — Romney, A Lot More — If Bush-Era Tax Cuts End

About 80 percent of Americans would see their taxes go up if all the tax cuts signed into law by President George W. Bush were to expire as scheduled at the end of this year. And nearly 100 percent of the highest income earners would have to pay more — including both the Obamas and the Romneys.

Obama Would Pay More — Romney, A Lot More — If Bush-Era Tax Cuts End

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Wednesday

Tuesday

Tuesday

Bush Tax Cuts: The New Middle-Class Norm

Josh Walling and Randi Cartmill with their children, Jacqueline, Josh and Ryan. Josh Walling says his family, whose household income is below the national median, would lose a substantial amount of money if the Bush tax cuts expired. Courtesy of Randi Cartmill hide caption

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Courtesy of Randi Cartmill

Bush Tax Cuts: The New Middle-Class Norm

Much of the political focus when discussing the Bush-era tax cuts is on the wealthy, but they're not the only ones who would be affected if the tax cuts are allowed to expire at the end of this year.

Bush Tax Cuts: The New Middle-Class Norm

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