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Two small businessmen, two views on taxes

Oct 24, 2012
Business owners share friendship and a passion for dirt bikes, but are far apart when it comes to taxes and politics.
Posted In: Election 2012, Taxes, Small Business, entrepreneurs

Cook County considers tax on guns and ammo

Oct 9, 2012
The Illinois County that includes Chicago wants to help cover the costs of the city's rising gun violence by taxing ammunition.
Posted In: Chicago, gun, guns, Taxes

Who would a $17K cap on tax deductions affect?

Oct 3, 2012
Mitt Romney says he wants to lower everyone’s tax rate by 20 percent, and one way of doing that is to restrict deductions of more than $17,000. Experts say Mitt Romney 's deduction cap would mostly impact the wealthy.
Posted In: Mitt Romney, 2012 elections, Taxes

France unveils strict measures to fix budget

Sep 28, 2012
The French government has just unveiled a budget for next year that includes major tax hikes for the rich and for businesses. France is the second largest economy in the euro zone and so far it has managed to remain a leader in the debt crisis, rather than a victim -- for the most part anyway.
Posted In: France, Taxes, budget

The 47% who don't pay federal income tax include middle class, poor, retirees

Sep 18, 2012
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: Mitt Romney, Taxes, 47 percent

Income tax or not, we can never fully avoid the tax bite

Sep 18, 2012
From levies on utilities to purchases, the tax man is with us every step of our day.
Posted In: Taxes

The numbers behind Mitt Romney's 47% comment

Sep 18, 2012
Mitt Romney is standing by his words from a private fundraiser that were caught on videotape. In the video, Romney says 47 percent of the country pay no income tax and are therefore predisposed to vote for President Obama.
Posted In: Taxes, Mitt Romney

Mitt Romney criticized over comments about taxes

Sep 18, 2012
Republican presidential candidate Mitt Romney says 47 percent of Americans pay no net income tax -- ergo, they are predisposed to vote for President Obama. We break down the numbers.
Posted In: Mitt Romney, 47 percent, Taxes

Warning: 'Fiscal cliffs' may be ahead

Aug 10, 2012
A host of tax increases for the wealthy and cuts to deductions and credits may cause some steep drops in Americans' incomes.
Posted In: Taxes, deductions, credits

Cayman Islands could tax foreign workers

Aug 6, 2012
The British territory has $91,000 registered companies, including 235 banks. But now, because of pressure to plug a budget hole, the government is proposing a 10 percent income tax on foreign workers.
Posted In: Cayman Islands, Taxes

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