What Will the Fiscal Cliff Cost You? There's a Tool for That
What we know about the so-called fiscal cliff is this: Come January, if Congress and the White House don’t agree on a fix, $607 billion in automatic annual tax increases and spending cuts kick in. What we don’t know is what exactly that means for your wallet.
Fortunately, thanks to the power of HTML and the boundless energy of Washington policy wonks, there are a bunch of handy Web calculators that will do the job. Sort of.