President Bush says he's willing to consider Democrats' proposals for saving Social Security — including tax increases. Commentator Steve Moore thinks that if that idea becomes reality, the party's over.
A new law makes turning in income tax cheaters far more profitable, earning informants up to 30 percent of what the IRS recovers. Tax experts think it's a win-win solution, Steve Tripoli reports.
President Bush signed a big tax and trade bill today. Part of it made blowing the whistle on tax cheats far more profitable. Easier too. Steve Tripoli has the story.
Americans are expected to give a collective record $200 billion in charitable donations this year. But commentator Robert Reich says we need to limit tax deductions for donations to real charities.
Congress has reinstated billions of dollars in expiring tax breaks for 2006 — but it was too late to get the changes onto 2006 tax forms. Charla Bear reports.
Commentator and economist Susan Lee says government interference in the fat market makes sense but wonders, exactly how much are taxpayers willing to spend? A new study provides a surprising answer.
Associate Producer Rico Gagliano is back with another installment of our series, Educating Rico. In the week's episode, he confronts a taxpayer's worst nightmare . . . just in time for Halloween.
Winning the lottery is an American dream. Paying taxes on your winnings . . . that's a nightmare. And the IRS doesn't just take its cut from the big wins. Apryl Lundsten reports.
