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Are most Americans now paying less in taxes?

3 years 8 months 4 weeks ago January 02, 2013 Jan 2, 2013 Wednesday, January 02 2013 January 02, 2013 6:56 AM in News

WASHINGTON - Most workers will still be paying more in taxes, despite the bill passed by Congress that staves off the "fiscal cliff."

That's because the budget deal, which averts widespread income tax increases, does nothing to stop the Social Security tax increase, which took effect Jan. 1.

That means a $1,000 tax increase for someone earning $50,000 a year.

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