Danger Ahead: 3 Sectors that Should Brace for the Fiscal Cliff
If Americans are faced with the impending tax-cut expirations, industries that rely on discretionary spending will be headed for disasterBy IBISWorld Senior Industry Analyst Nikoleta Panteva Not without good reason has the term “fiscal cliff” been the buzzword of post-election 2012. After experiencing tax cuts in 2001, 2003 and 2009, Americans are now faced with the impending expiration of more than 80 payroll and income tax breaks if Congress fails to reach a budget deal by the end of 2012. The measures would be aimed at lowering the federal government’s deficit, which has exceeded $1