In some cases, future taxpayers are already facing a heavy burden.

A taxpayer with an income of $:40,000 ($68,800) or more would face the biggest increase - to 59 percent, from the present 40.

Indeed, even financial planning for retirement requires a great deal of work, and taxpayers this year will face several important decisions.

Q.: What are the complexities that the average individual taxpayer will face?

About half the upper-income taxpayers will face higher tax bills.

But individual taxpayers could face huge cuts, or increases, depending on their circumstances.

Taxpayers could face an even larger bill from corporations' failure to put enough money into their pension funds.

Only then can Congress reform deposit insurance so that taxpayers won't face another huge bailout.

Taxpayers would then face even steeper bills from the savings industry crisis.

Local taxpayers faced a 7 percent property tax increase and the Texas auditor's office is investigating.