How Many Days of Christmas Could the Fiscal Cliff Buy?

 
 
December 18, 2012

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?"

Buy this blogger a cup of coffee!

Sizes

Follow Us

About the Tax Policy Blog

Subscribe to Tax Foundation - Tax Foundation's Tax Policy Blog The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.

Monthly Archive

Privacy Policy