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Facebook co-founder renounces U.S. citizenship

May 14, 2012
In letting go of his U.S. citizenship now, Eduardo Saverin will also be able to avoid paying nearly $600 million in U.S. capital gains taxes when Facebook goes public.
Posted In: Facebook, IPO, Taxes

Taxing the rich is good for the economy

Apr 18, 2012
Commentator Robert Reich says increased tax revenue greases the wheels of economic growth
Posted In: Taxes, fairness, economic growth, the wealthy

What small tax cheats can cost the government

Apr 17, 2012
You have until midnight tonight to file your taxes with the IRS. And if you're thinking about deducting a phony business lunch or padding your mileage -- you're not alone.
Posted In: Taxes

Senate rejects Warren Buffett tax rule

Apr 17, 2012
The Senate yesterday rejected the so-called Warren Buffett Rule, a minimum tax on millionaires. It was a mostly party-line vote: Democrats saying "aye," Republicans "nay."
Posted In: Taxes, Buffett Rule, Senate

Uncle Sam doesn't mind taxpayers paying extra

Apr 16, 2012
Tomorrow is Tax Day. Some people write checks for more than they owe to help pay down the nation's public debt.
Posted In: Taxes, deficits

Are mobile phone taxes a real problem?

Apr 16, 2012
Congress is mulling over legislation that would freeze the taxes we pay for our cell phone service.
Posted In: Taxes, cell phone

2012 tax season: Later deadline, smaller refund?

Apr 16, 2012
Tax procrastinators, breathe easy. This year's deadline is tomorrow, April 17th. There's extra time because April 15th fell on a Sunday this year, and today is Emancipation Day in the District of Columbia.
Posted In: Taxes, tax refund, low-income

Silly taxes historically made for clever dodgers

Apr 13, 2012
Throughout history, rulers have imposed taxes on everything from wigs to windows, but astute tax avoiders have always found a way to escape them.
Posted In: Taxes, tax dodgers, government

The high cost of the other American Dream, education

Apr 13, 2012
Commentator Leah Ingram is facing six years of paying college tuition for her two daughters. She has a suggestion to the government to help middle-class parents like herself.
Posted In: Education, college, Tuition, kids, Taxes

Married, domestic partnership or something else?

Apr 13, 2012
While some states have legalized gay marriage, the federal government has not -- which puts many same-sex couples at a loss on how to properly file their federal taxes.
Posted In: Taxes, gay marriage

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