Millions of Americans Can Expect Taxes to Go Up - kcentv.com - KCEN HD - Waco, Temple, and Killeen

(KCEN) -- No matter who wins the election, millions of Americans can expect their taxes to go up next year.

A temporary reduction in social security payroll taxes expires at the end of the year.

So come January, 163 million workers should see a big tax increase.

It'll cost a typical worker about $1,000 a year and two-earner families with six figure incomes as much as $4,500.