Marketplace for Tuesday, September 18, 2012
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Mitt Romney said almost half of Americans don't pay federal income taxes. We look at the numbers behind his remarks. Plus, under health care reform, Medicaid stands to get a whole lot bigger when millions of poor people are added to the docket. So when the feds offer states money to cover the expansion, taking it seems like a no-brainer, right? Not so much. We tell you why at least five governors are saying thanks, but no thanks. We explore why oil prices plummeted yesterday and a Ford executive talks about marketing cars to today's youth.
Posted In: Mitt Romney, Taxes, 47 percent
Mitt Romney wasn't wrong when he said almost half of Americans don't pay federal income taxes. Some of those people are retired, some are poor. Another big reason why some don't pay? Tax cuts.
Posted In: health care, medicaid, Affordable Care Act
Alabama joins a slew of lawmakers who are ambivalent about taking funds from the Fed to cover the millions more people who will become eligible for Medicaid under Obamacare.
Posted In: oil prices, trading
When oil prices fell sharply, the search for an explanation became almost as big a story as the slide itself. Unexplained fluctuations in markets have begun to reveal the anxiety left behind by 2008's financial crisis.
Posted In: Taxes
From levies on utilities to purchases, the tax man is with us every step of our day.
Posted In: harvard, mining, college tuition, salary
Last year, Harvard graduates made less money per year than alumni from the South Dakota School of Mines and Technology -- which costs about four times less than Harvard to attend.