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  1. #1
    Senior Member
    Join Date
    Jul 2012
    Posts
    161

    The Fiscal Cliff?

    What exactly is the Fiscal Cliff? What will it do? And how has it appeared out of nowhere to suddenly be a major threat to the economy?

  2. #2
    Senior Member
    Join Date
    Sep 2012
    Posts
    105
    Basically it is a point in time, the 1st of January 2013, when several tax incentives and subsidies will expire at the same time.

    It seems to have crept up on people because everyone was focussed on the presidential election before.