Contact Us

How Would Falling Off the Fiscal Cliff Affect YOUR Family? Find Out Here!

The Tax Foundation

So much has been said about the “Fiscal Cliff” facing the U.S. in January 2013.  How would it affect you and your family?  Use this calculator to find out.The Tax Foundation, a non-profit, non-partisan group, has been observing and reporting on tax-related issues in the U.S. since 1937. It was created by a group of businessmen from various political walks of life during the Roosevelt Administration. Federal spending had gone up 170 percent, and these leaders felt the need for a group to monitor and report on federal, state and even local taxes and issues to inform the public.

Since then, the Tax Foundation has issued thousands of reports and information about how your tax dollars are (and could) be spent.

Because of the confusion and so much information about the Fiscal Cliff, the Foundation believed there was a need for citizens to be able to find out at least a close estimate of how the various scenarios would affect their families.  We at Newstalk870 believe this is one of the most intelligent and useful ways to look at this situation and see what  could happen in January.

We want to emphasize, as does the Foundation, this calculator is only a way of estimating how the expiration of tax cuts, spending hikes or a potential deal will affect what you will pay in taxes.  It is not designed to be an official statement to be used for tax preparation, only a way to see how you could be affected.

The calculator doesn’t ask for ANY personal data, information or other private matters.  You simply enter your income, tax status (married, joint etc) and other figures such as number of children,  investment income and so forth.  It will then generate an estimate of what will happen to you tax-wise if we A) go “off the cliff,”  B) If the GOP plan goes into effect, or C) what would happen under Obama’s plan.

To see the Tax Foundation’s Calculator, click on the button below.

How Will Falling Off the Fiscal Cliff Affect You?


Best of Newstalk 870

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Newsmembers quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Newsmembers contests, events, coupons, presales, and much more delivered to you for FREE.