Federal Budget 2012

The central government publicly said that our fiscal deficit was $318 billion in 2010, but in truth, it was significantly higher.

Federal Tax Brackets 2012

Following are federal tax brackets for the year 2012 as stated on the official website www.irs.gov

Federal Minimum Wage 2012

Although the federal minimum wage in 2012 may remain 7.25 dollars per hour, six states have announced an increase in their minimum wages effective january 1st 2012.