Mar 5, 2013 The latest income tax increase on the wealthy could result in their paying a greater share of income in federal taxes since 1979. Their income has increased even more.
Feb 1, 2013 The modern American income tax celebrates its 100th anniversary this weekend.
Nov 19, 2012 It took a natural disaster and a financial panic to get income taxes written into the U.S. Constitution. That was 1907. And even those who like public programs are still struggling to defend taxes.
Jul 11, 2012 Fewer than a million small-business owners would likely face higher taxes. And some would keep hiring anyway.
Jul 11, 2012 A new report from the Congressional Budget Office says the tax rates paid by most Americans were at near-record lows in 2009. Who's paying less, who's paying more, and what's causing the change?
Mar 21, 2012 A former British finance minister once threatened to “squeeze the rich until the pips squeak," but that won’t like be the message of today.
Feb 2, 2012 Today is Earned Income Tax Credit Day, which highlights the benefit for low- and moderate-wage earners.
Feb 2, 2012 The Republican candidate paid 13.9 percent of his income in federal taxes in 2010, a lower percentage than many people with less income pay. But higher tax rates on Mitt Romney's investment income would raise taxes for others, too.
Feb 2, 2012 The U.S. tax code can be a cumbersome beast. How did Mitt Romney manage to pay roughly 15 percent in taxes last year?