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1 Nick Kasprak, How Would the Fiscal Cliff Affect Typical Families across the Country 1 (2012)

handle is hein.taxfoundation/ffdegxz0001 and id is 1 raw text is: December 10, 2012
No. 346
How Would the Fiscal Cliff Affect Typical
Families Across the Country?

By
Nick Kasprak
Recently, we released an analysis
looking at the potential total tax
increase on the median four-
person family in each state.1 We
found that higher income and
lower states tended to be affected
more than middle income
states-higher income states
from AMT changes and lower
income states from the Bush tax
cuts. Sufficient data exists for us
to repeat this analysis based on
Census MSAs (metropolitan
statistical areas) using the IRS's
income tax by ZIP code
information2
We used this data to estimate
itemized deductions as a
percentage of household income
for all income groups in each

Table I. Most Affected Metropolitan Areas

rI c/xIIen-tainD.1rlIu  g-
Mission
College Station-Bryan
Brownsville-
Harlingen
Laredo
Hinesville-Fort
Stewart
Corvallis
Lake Havasu City-
Kingman
Hot Springs
Visalia-Porterville
Danville
Trenton-Ewing
Bridgeport-Stamford-
Norwalk
San Francisco-
Oakland-Fremont

TX
TX
TX
TX
GA
OR
AZ
AR
CA
VA

$36,104
$38,292
$38,808
$39,062
$3%183
$39,775
$39,802
$42,648
$43,554
$43,838
$1 10.065

$2,938
$3,091
$3,127
$3145
$3,153
$3,195
$3,197
$3,396
$3,338
$3,291
$7729

8.14%
8.07%
8.06%
8.05%
8.05%
8.03%
8.03%
7.96%
7.67%
7.51%
7.02%

CA         $110,431     $7,424      6.72%     13

Madera-Chowchilla       CA         $46,366

pLO L     O.Lt7o
$2,875    6.20%

1 Nick Kasprak, How Would the Fiscal CliffAffect Typical Families in Each State?, TAX FOUNDATION FISCAL FACT No. 341 (Nov.
12, 2012), http://taxfoundation.org/a'rticle/how-wot.u1d-fi.sca.-cliff-affect-typical-ftamil ies-each-state.
2 Internal Revenue Service, SOI Tax Stats- Individual Income Tax Statistics- ZIP Code Data (SOI), http://www.irs.gov/uac/SOI-
Tax-S tats --- I ndividual- I nco me-'Tax- Statis tics --- ZI P- Co de- D ata- (SO I).

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