On January 1, 2013, the New Year will begin with a $514 billion tax increase, popularly known as the fiscal cliff. This tax increase is one of the largest in history. But it's still hard to understand that $514 billion number.
The season being what it is, with Christmas mere days away and the impending fiscal cliff just a few short days after, it only makes sense to give context to the cliff with a little help from Christmas. Inspired by the cost of each item of Twelve Days of Christmas, I present: "How Many Days of Christmas Could the Fiscal Cliff Buy?"
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Today is May 2, the anniversary of the first scheduled commercial flight of a jet aircraft in 1952. Not many taxes on commercial air flights then; today, a few more. Here are some interesting links I came across: