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Retired race car driver Dick Trickle found dead

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Posted: Friday, 30 November 2012 6:50AM

Researchers Predict Fiscal Cliff Won’t Ruin WA Families



WASHINGTON -- A non-partisan research organization in Washington D.C. says families in our state would be least hard hit by the fiscal cliff.

The tax foundation ranked the states by how much more the median-income family would have to pay if the Bush era tax cuts expire and payroll taxes go up at the end of the year.
 


Nick Kasprak with the tax foundation says Washington is a middle income state, and ranks "dead last" on the list.

Families in wealthy states like New Jersey, Maryland and Connecticut would see the largest jump in their tax bills.

Poorer states like Arkansas, Mississippi and West Virginia also rank among the top ten states that would be affected due to the expiration of tax cuts that benefit low-income families.

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