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.
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.
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.
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.
Some cities are suing online travel companies, claiming web-based firms are shortchanging them out of millions in hotel taxes. Danielle Karson reports.
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.
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.
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.
