6 Ways The Fiscal Cliff Deal Will Impact The Art World

How The Fiscal Cliff Will Impact The Arts

Last night, the House of Representatives finally voted to pass a measure ending the "fiscal cliff" battle. A failure to reach accord threatened to impose a sudden tax hike for Americans across the board, but also to gouge funding for nonprofits, so-called "entitlement" programs, and cultural organizations. In the end, Democrats and Republicans both made concessions, and the results promise to affect arts organzations in a variety of ways. Here's a look at six aspects of the deal that will impact the art world, for better or worse:

Popular in the Community

Close

What's Hot