Taxes, Inflation | featured news

(Image from article: "New deductions, credits available for ’09 taxes")

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Analysis: Americans to face tougher 2013 on rising prices, taxes

Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country's already slow-moving economy.

Senh: This is a pessimistic view. Lately, most of the economic reports have been positive. Unemployment is at a 4.5 year low, consumer sentiment at a five year high, housing market is rebounding, and consumer debt is at pre-recession levels.

New deductions, credits available for ’09 taxes

When taxpayers sit down to file their 2009 returns, they will find plenty new — some the result of adjusting for inflation, and other changes passed by Congress to fight the downturn.

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