Fiscal Cliff Averted: 6 Things You Don't Have to Worry About Anymore
After months of lead-up, America finally went over the fiscal cliff -- for about 34 hours. But if you didn't notice the plague of miseries that was predicted after the great tumble, don't be surprised: The country had barely taken its lemming-like dive before Congress and President Obama hammered out a bipartisan agreement that simultaneously garnered votes and bitter abuse from both sides of the aisle.
For most Americans, this should be a serious load off their minds. In the majority of households, taxes will go up by less than 1.5 percent -- a fraction of the increase that would have happened if the fiscal cliff dive had been permanent. And even in the country's richest zip codes, things aren't all that bad. Granted, dividend and capital gains taxes rose slightly, as did income tax on workers making more than $400,000.
With an eye toward the bright side, here's a recap of six things that you no longer need to worry about now that the fiscal cliff has been averted:
Bruce Watson is a senior features writer for DailyFinance. You can reach him by e-mail at email@example.com, or follow him on Twitter at @bruce1971.