Among the tax cuts set to expire if Congress rolls over the fiscal cliff is the federal estate tax. Some states are looking forward to the old law, which gave them a slice of the tax revenue.
For weeks now the major indexes have jumped on days when a fiscal cliff deal seemed possible. What might investors realistically hope for at this point as the deadline draws near?
The President is back in Washington today to deal with the Fiscal Cliff. A long-term deal is unlikely at this late date. Now the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts.
The company is asking its employees in the Washington, D.C., area to write the words 'come together' on people's coffee cups, apparently in reference to the fiscal cliff talks.
Fiscal cliff negotiations will likely dominate the conversation in the weeks ahead, but what economic issues will Washington be talking about the rest of 2013?