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IPFS News Link • TAXES: Federal

Here's How Much Of A Tax Cut You'll Get If The Fiscal Cliff Deal Goes Through

• Business Insider

The Tax Policy Center has put out this table, showing how much your taxes will go down, relative to the baseline (meaning if Congress had done nothing and let the full cliff hit.

We've highlighted the key table, which shows how much lower your Federal Tax Bill will be, relative to the baseline, presuming the House passes the Senate bill.

The column under Average Federal Tax Changes shows the exact dollar amount that you'll pay less in 2013, than if the bill hadn't gone through, broken down by each income bracket.