Huge tax increase looms at year-end ‘fiscal cliff’

FISCAL CLIFF: In this Monday, April 18, 2011, file photo, Max Martinez, dressed as the Statue of Liberty, tries to alert motorists on the final day to file taxes. A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 in 2013 if lawmakers fail to renew a ...