I just read that a relatively famous US TV personality has been sentenced to 366 days in jail for fraud (hiding about $750,000 in a bankruptcy case). Is there a significant difference between a 366 days and a 364 days sentence (other than the two extra days obviously)?
I learned in another question that there can be a significant difference between crimes with a maximum sentence of less than a year and more than a year, independent of the actual sentence, but that's a different situation. In that case "six months sentence for a crime punished with up to one year in jail" and "six months sentence for a crime punished with up to two years in jail" can make a difference.