Franchises growing again thanks to fiscal cliff's tax resolution

The fiscal cliff deal was good for franchises because it kept income tax rates from increasing for most Americans, according to the International Franchise Association. Its index measuring the economic health of the franchising industry rose 0.7 points in January to 109.7, the Business Journals reported.

The fiscal cliff deal extended low tax rates for everyone except individuals making more than $400,000 and households making more than $450,000. As Business Journals reports, Keeping income taxes…