Cliff Notes: Can America Avert Another Economic Crisis?

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  • Times a' Ticking
  • Plan Big Fail
  • How Large Would the Tax Increases Be?
  • What Does This Mean to My Wallet?
  • Will Other Taxes Rise?
  • What Kinds of Spending Cuts Will Be Made?
  • How Will Cuts Impact Entitlement Programs?
  • Are Any Programs Exempt From Automatic Cuts?
  • What Will Be the Impact on the Economy?
  • Why Won't Lawmakers Just Make a Deal?
  • What Happens If There's No Deal by Dec. 31?
  • Blame Game
  • What Is a Fiscal Cliff?
  • How Did We Get Here?
  • The Sit Down
  • Stalemate
  • Home Alone

How Large Would Automatic Tax Increases Be?

Individuals will see their income tax rates increase by approximately 3 to 5 percent. The current lowest income tax rate would rise from 10 percent to 15 percent; the highest rate would rise to 39.6 percent from 35 percent.

(Photo: Tim Boyle/Getty Images)

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