'Biggest Tax Hikes in History' Send a Shiver Through Florida

Beginning Jan. 1, a series of tax increases and reduced deductions will kick in. Chief among them: the unhappy resurrection of the federal "death tax."

Democrats in Washington say the tax-code changes are needed to generate revenue. But two think tanks in Florida call them job killers that will prolong the state's economic downturn and thwart recovery.

Watch Sunshine State News on Tuesday for a story that itemizes the changes and assesses the impact.