Swiss bank UBS will hand over the names of thousands of American clients to settle a tax evasion case. Stephen Beard reports on what this means for Switzerland's bank secrecy.
Road repairs are funded though taxes on gas, but as more people buy hybrids, some are worried about what's going to happen to that revenue. Mitchell Hartman reports the search is on for a new method of taxing motorists.
Reporter Tamara Keith talks with Steve Chiotakis about the settlement between federal prosecutors and UBS regarding Americans that hid billions of dollars in accounts with the Swiss bank.
President Obama promised during the election that he would not raise taxes on anyone earning less than $250,000. But commentator Lawrence Haas says the president has to, and likely will, raise taxes on the middle class once the economy recovers.
It's been almost a year since Lehman Brothers bit the dust, and creditors are still lining up to get their money back in bankruptcy court. Near the top of the list is a very familiar name: the City of New York. Amy Scott reports.
The era of steady, lifelong 9-to-5 employment seems to be waning. These days more people work for themselves or telecommute for different firms. Commentator Amelia Tyagi says the tax code needs to adapt to a changing workforce.
"Cadillac" or "gold-plated" insurance programs have come under fire in the Capitol Hill debate about health care. But just what do the plans cover and how do they work? Joel Rose reports.
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.