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InsiderOnline Blog: December 2012

Where the Tax Cut Expirations Will Hit Hardest

The ten metropolitan areas that will be hardest hit by the expiration of the Bush tax cuts all have relatively low household incomes, according to calculations by the Tax Foundation. In these metro areas, the median household incomes for a four-person family ranges from $36,104 in McAllen-Edinburg-Mission, Texas, to $43,838 in Danville, Va. But, there are also some high-income areas among the top 20, too, including San Franciso, Baltimore, Boston, and Washington, D.C. The least affected are the middle-income metropolitan areas. Check out the Tax Foundation’s full list to see where your city ranks.

Posted on 12/14/12 01:48 PM by Alex Adrianson

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