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Special Report: Fiscal Cliff Effects for Arkansans

By: KNWA News
Updated: December 31, 2012
Sometime in the next 10 days, a fiscal cliff agreement is likely in Washington, though it may not happen before January 1 - the trigger date for the automatic tax increases.

In a series of special reports, Tyler Thomason looked at what effects the fiscal cliff could have for folks in Arkansas - and how to prepare.

Financial Planner Speaks on Fiscal Cliff

John Dunn of Southern Financial Group in Rogers says the phones keep ringing and Fiscal Cliff concerns are flooding in as the deadline looms.

Fiscal Cliff Effects Could Be Detrimental to Local Schools
Springdale school officials say administrators in its district are already thinking of ways to withstand the Fiscal Cliff.

Fiscal Cliff Talks Not Affecting Sales for Some Local Merchants
Holiday shopping is still booming for a couple local businesses in Rogers, despite the threat of raised taxes coming next year.

Fiscal Cliff's Possible Effect on Local Business

One local business says if tax breaks aren't extended, it would limit hires and slow plans for expansion.

Fiscal Cliff Worries for Local Households

Mother of five, Thalia Madewell says her family relies heavily on the current child tax credit, which could be affected by the fiscal cliff

Calculate Your Fiscal Cliff Tax Bill

Americans will be hit with a large tax hike in January if lawmakers aren't able to reach an agreement that would prevent a plunge off what's being called the Fiscal Cliff.

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