WaPo: How the fight over tax breaks affects your bottom line

[alfredo]

http://www.washingtonpost.com/wp-srv/special/business/comparing-the-tax-plans/?wpisrc=nl_natlalert

Bush-era tax cuts enacted in 2001 and 2003 are set to expire at the end of the year, and lawmakers are battling over whether to extend any or all of them before November's congressional elections. Most Republicans want to extend all of the cuts, saying that any increase in taxes will hold back the economic recovery. Obama and Democratic leaders are proposing to extend many of the cuts but say tax breaks for top earners should expire to help pare down growing national deficits. Each plan would affect average tax rates for income groups differently.

Go to link to see graph.