These Little-Noticed Tax Hikes Are Raiding Your Wallet

Date: Jun 24 2012

Filed under: Taxes

Hidden city taxesIn a tough economy, the last thing many people can afford is for the government to take more of their money. Yet at least in some places, recent tax increases have already taken a big bite out of taxpayers’ wallets, and the worst may be yet to come.

The looming expiration of favorable tax rates has grabbed the lion’s share of attention lately: In just over six months, much higher tax rates are scheduled to take effect. If the government does nothing, those increases would boost tax bills for…

These Little-Noticed Tax Hikes Are Raiding Your Wallet originally appeared on DailyFinance.com on 2012-06-23T07:00:00Z.

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