The earned-income tax credit is designed to give a break to low-income workers. But commentator Amity Shlaes says these days the poor may be paying too few taxes and the rich may have too big of a burden, which is not helping economic recovery.
Almost 60 percent of Americans use a professional for their tax needs. But as people simplify their financial portfolios and the popularity of online tax preparation grows, will tax professionals still be in demand? Jeremy Hobson reports.