What is the fiscal cliff and what does it mean for you? Owen Malcolm from United Capital stopped by Good Day Atlanta on Monday to spell out how it could affect consumers, investors and the nation.
Information: If the fiscal cliff is reached...
For a family making $60,000 a year, the federal tax rate jumps from 14 percent to 17.8 percent. Taxes could increase by $2,000, payroll taxes increase by 2 percent and the child tax credit drops to $500 maximum per child.
For the nation, it could cause a recession, and the US economy could shrink. It may mean fewer jobs, taxes go up and the economy goes down.
For investors, most Americans will pay more taxes; new taxes related to the Affordable Care Act; changes in the Alternative Minimum Tax and estate taxes will go up for some.
Thursday, May 23 2013 9:34 AM EDT2013-05-23 13:34:51 GMT
Married to Medicine is the hottest new thing on Bravo, and the reality series is based right here in Atlanta!
Married to Medicine is the hottest new thing on Bravo, and the reality series is based right here in Atlanta! Mariah HuQ, who is both a star and producer of the show, joined Good Day live to tell us all about the first season, and give us a preview of the upcoming reunion show.
Thursday, May 23 2013 9:27 AM EDT2013-05-23 13:27:50 GMT
Memorial Day is almost upon us, and you can almost hear the grills firing up already!
Memorial Day is almost upon us, and you can almost hear the grills firing up already! But before you get ready to host that big holiday weekend cookout, the grilling pros at The Cook's Warehouse has some advice for those who need it-- like Good Day's Paul Milliken.
Thursday, May 23 2013 8:44 AM EDT2013-05-23 12:44:55 GMT
It's graduation season AND it's also #ThrowbackThursday, so what better time to go back to the archives? Today's victim: the one and only Buck Lanford.
It's graduation season AND it's also #ThrowbackThursday, so what better time to go back to the archives? Today's victim: the one and only Buck Lanford. He agreed to take us back to his senior year at South Gwinnett High School-- and somebody had a WHOLE LOT of hair!
Thursday, May 23 2013 7:32 AM EDT2013-05-23 11:32:32 GMT
As we celebrate Memorial Day weekend, we'll pause to remember the men and women who died while serving in the U.S. Armed Forces.
As we celebrate Memorial Day weekend, we'll pause to remember the men and women who died while serving in the U.S. Armed Forces. It's also a great time to thank veterans for their service to our country—veterans just like World War II American hero Lew Fern.
Thursday, May 23 2013 7:31 AM EDT2013-05-23 11:31:33 GMT
You've probably been to a yard sale or two in your life, and you might have found some great deals. But would you know how to get the most out of your own yard sale?
You've probably been to a yard sale or two in your life, and you might have found some great deals. But would you know how to get the most out of your own yard sale? Good Day's Tacoma Perry talked to an expert who shared some great tips for how to make your yard sale a huge hit.
Thursday, May 23 2013 7:27 AM EDT2013-05-23 11:27:37 GMT
Summer in Georgia means mosquitoes—and lots of them. Even if you're just stepping outdoors for a few minutes, you need to protect yourself. But how do you pick the right bug repellent?
Summer in Georgia means mosquitoes—and lots of them. Even if you're just stepping outdoors for a few minutes, you need to protect yourself. But how do you pick the right bug repellent?
Wednesday, May 22 2013 10:37 AM EDT2013-05-22 14:37:15 GMT
You've seen us handing out Good Day Gas Money for weeks now, and Gurvir and Karen have met plenty of those lucky winners in person.
You've seen us handing out Good Day Gas Money for weeks now, and Gurvir and Karen have met plenty of those lucky winners in person. But Paul turned up the heat when he enlisted the help of two actresses from the new movie Operation Heat to play a little prank on his unsuspecting coworkers.
Wednesday, May 22 2013 10:30 AM EDT2013-05-22 14:30:53 GMT
Does your summer road trip include mouth-watering stops at mom-and-pop eateries? Ours does, and it'll be even better with the help of a new Southern Living book!
Off the Eaten Path: Second Helpings is dedicated to finding the best meals in the south-- and it features some great restaurants right here in north Georgia. Good Day's Paul Milliken checked out two of those gems-- The Hil in Serenbe, and Weaver D's in Athens! As usual, he didn't leave hungry.
Wednesday, May 22 2013 10:17 AM EDT2013-05-22 14:17:14 GMT
The new season of Masterchef features a local contestant from the metro area! Jessie Lysiak is from Social Circle, and she's about to make her big debut on the hit FOX show.
The new season of Masterchef features a local contestant from the metro area! Jessie Lysiak is from Social Circle, and she's about to make her big debut on the hit FOX show. But first, she stopped by Good Day to cook us up one of her favorite recipes.
