Deal to Avert U.S. Fiscal Cliff Could Start With Alternate Tax

Deal to Avert U.S. Fiscal Cliff Could Start With Alternate Tax

Daniel Acker/Bloomberg

If Congress doesn’t act to prevent the $92 billion tax increase, the number of households facing the alternative tax would increase to 32.9 million from 4.4 million, according to the Internal Revenue Service . That’s an average unanticipated tax increase of about $2,800.