HOW OBAMACARE WILL EFFECT WE THE PEOPLE! SOME FACTS FOR THE FIELD!OB

[carol ann parisi]

On January 1, 2013, a $494 billion wave of tax hikes will take effect, hitting every American household, regardless of income. Here’s how much taxes will rise for five different demographic groups:

FAMILIES $4,138 TAX INCREASE 5.9% of average income Total filers: 15 million Average income: $70,662

BABY BOOMERS $4,223 TAX INCREASE 4% of average income Total filers: 33.1 million Average income: $95,099

LOW-INCOME WORKERS $1,207 TAX INCREASE 4.7% of average income Total filers: 53.8 million Average income: $24,757

MILLENNIALS $1,099 TAX INCREASE 4.6% of average income Total filers: 7.6 million Average income: $23,917

RETIREES$857 TAX INCREASE 2% of average income Total filers: 33.1 million Average income: $42,553

Notes: Income figures are Adjusted Gross Income (AGI). Number of filers and AGI are estimates for 2013.

Get the full details on Taxmageddon at http://www.heritage.org/ObamaTaxHikes