AFP Releases Infographic to Explain Reality of Tax Increases

November 16, 2012

Shows Total Tax Bill and How it Will Affect Families

Arlington, VA – Today Americans for Prosperity, the nation’s largest and most effective advocate for economic freedom, released the following statement and graphic calling on Congress to concentrate on the following issues in this Lame Duck period.

“We are showing the American people the devastating effect of allowing the current tax cuts to expire,” said AFP’s President, Tim Phillips.  “It is time for Congress to live up to their promises to the American people and not raise taxes.”

To view the entire infographic click here.

The infographic shows where the $495 billion tax hike will come from, including increasing the death tax from 8,600 families to impact 115,00 families. It will raise taxes by over $3500 per household.  The infographic also shows that there are only 63.8% of Americans participating in the labor force down from 66% when Obama took office and the lowest since 1983.

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