5 Things You Won’t Believe That Are In The Fiscal Cliff Bill That The Senate Passed At 2 AM While Most Americans Were Drunk

• Tweet
• Pin It

Last night just before 2 AM, the Senate overwhelmingly agreed to pass a bill that will avert the Fiscal Cliff.

The bill is pretty straightforward. Taxes will only rise on those making over $ 400K (liberals wanted $ 250K, GOP wanted no taxes to rise). Spending cuts will be delayed for 2 months to give the sides more time to address them.

So why is the bill 157-pages long?

Because when Washington does business and passes a huge bill, there’s all kinds of little other tax things most Americans have never heard of that also get into the bill. It’s just how it works.

1. There’s a provision extending a tax policy related to Puerto Rican rum.

2. And a tax credit for 2 and 3 wheel electric vehicles.

3. Something having to do with Diesel Fuel:

4. An extension of some special rules for the film and television business.

5. Some kind of gift to the car-racing world.

Some might think this is nefarious, that politicians see a huge bill and then sneak in all these random thinks. The reality is more like these things have been around for awhile, and everytime a big bill comes up about taxes expiring, these get extended too.

Please follow Politics on Twitter and Facebook.

Join the conversation about this story »

Clusterstock

Related Posts

• Beyonce Is Expecting Her 2nd Child – We’re So Excited & This Is Why! (PHOTOS)
  Beyonce Is Expecting Her 2nd Child – We’re So Excited & This Is Why! (PHOTOS)
• DEEP THOUGHTS! Kanye West’s 11 Most Thought-Provoking Quotes (LIST)
  DEEP THOUGHTS! Kanye West’s 11 Most Thought-Provoking Quotes (LIST)
• 5 Tumblrs We’re Enjoying This Week: NYC Housing, Babes, Trolls and More
  5 Tumblrs We’re Enjoying This Week: NYC Housing, Babes, Trolls and More
• Hemp – One Of The Most Healthy Recyclable Substances Around
  Hemp – One Of The Most Healthy Recyclable Substances Around