Mass. says goodbye to sales tax holiday

Jul 31, 2009
Consumers in Massachusetts have enjoyed a weekend-long holiday from state sales tax every August for the past five years. But this year, the break is gone and taxes are going up. Abigail Beshkin reports.
Posted In: Retail, Taxes

Wealthy to Congress: More tax, please

Jul 29, 2009
A group of nearly 200 ultra-wealthy Americans is delivering a petition to President Obama and Congress today asking lawmakers to roll back high-bracket tax cuts. Stacey Vanek-Smith explains why.
Posted In: Taxes

Will TARP cost taxpayers $23.7 trillion?

Jul 21, 2009
TARP watchdog Neil Barofsky estimates that the $700 billion stimulus could end up costing taxpayers $23.7 trillion in the long run. But response from lawmakers, bankers and bloggers have been skeptical of his massive estimate. Steve Henn reports.
Posted In: Taxes

Tax the wealthy, keep everyone healthy

Jul 15, 2009
The big debate over health care reform is how to pay for it. The latest proposal comes at a very high price -- more than $1 trillion. To help pay for it, House Democrats want to tax the wealthy. Commentator Robert Reich says that's a good idea.
Posted In: Health, Taxes

'Big Pharma' may lose ad tax breaks

Jul 10, 2009
To help pay for the health care overhaul bill, the Obama administration may cut a tax deduction drug companies get for television advertising. Sally Herships reports.
Posted In: Health, Taxes

Cities sue online travel firms for taxes

Jul 2, 2009
Some cities are suing online travel companies, claiming web-based firms are shortchanging them out of millions in hotel taxes. Danielle Karson reports.
Posted In: Taxes, Travel

Film tax cuts get re-take in some states

Jun 29, 2009
Many states use tax cuts to lure film and TV productions. But with state budgets suffering, some are questioning that strategy. Joel Rose reports on a tax incentive in Pennsylvania that is facing some scrutiny.
Posted In: Taxes

A tax hike to pay for health care plan?

Jun 29, 2009
One of the main questions about the Obama administration's health care overhaul is how to pay for it. Over the weekend one of President Obama's top advisers gave a hint. Sam Eaton reports it may involve a tax hike.
Posted In: Health, Taxes

New plan to stop Swiss tax evaders

Jun 23, 2009
The U.S. appears to have caved on the case against UBS, but a new tax-evasion treaty signed by the U.S. and Switzerland won't make life any easier for Americans looking to cut tax corners. Stephen Beard reports.
Posted In: Crime, Taxes

Inflation and an IRA

Jun 17, 2009
Question: I'm interested in finding a good investment for inflationary times. This would be about 7% of my retirement portfolio; around 10,000 in...
Posted In: Investing, retirement savings, Savings, Taxes