Several prominent Republicans are backing away from a pledge made to the anti-tax activist Grover Norquist, which could make 'fiscal cliff' negotiations easier.
It took a natural disaster and a financial panic to get income taxes written into the U.S. Constitution. That was 1907. And even those who like public programs are still struggling to defend taxes.
Corporate CEOs, labor leaders and politicians have all weighed in on the fiscal cliff. But what will the budget and tax negotiations mean to you and your wallet?