Ask Heritage: Are You Ready for Taxmageddon?

Are You Ready for Taxmageddon? Brace yourself. In a mere 262 days, you and your fellow Americans will be hit with a tax hike the likes of which this country has never seen. The Washington Post aptly called the unprecedented $494 billion tax hike "Taxmageddon," and Federal Reserve Chairman Ben Bernanke described it as a "massive fiscal cliff." Whatever your preferred imagery, it's a really big deal. Read more . . . Other Recent Questions Is America Prepared for a Saudi Oil Crisis? Could Internet Taxes Be Coming? What's the Truth About the Administration's Buffett Rule? Have Obama Policies Really Changed the Economy for the Better? How Will Hispanic Voters Affect the 2012 Election?

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