Talk about the Fiscal Cliff has dominated the headlines in recent weeks. But how do these discussions in D.C. impact individual Americans? If President Obama’s proposal is approved, tax rates for those making above $200,000 would increase, while tax cuts for the middle class would be preserved. If no agreement is reached and the Bush-era tax cuts are left to expire, middle-income households would see their tax bill jump by $2,000. The bigger question is whether Congress will tackle true tax reform.