North Dakota Could See One Of The Biggest “Fiscal Cliff” Tax Increases

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The tax increase that could result as a result of “fiscal cliff” negotiations have been talked about as though they’d impact only a small number of very rich Americans. Whether we’re talking about the broad category of the Bush tax cuts, or capital gains taxes specifically, Americans are being sold on the idea that tax increases would most impact someone else.

That’s not true according to a report from the Tax Foundation. The tax increases that would result from the expiration of the Bush tax cuts and the Alternative Minimum Tax would be broad and dramatic.

In fact, North Dakota would be one of the states hit the hardest by the tax increases, with a nearly $5,000 median increase in federal tax burdens:

The “divide and conquer” strategy has worked well for the tax hikers. Americans don’t mind the idea of higher taxes, as long as we’re talking about higher taxes for someone else.

But the truth is that the “fiscal cliff” means significantly higher taxes for all of us.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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