What do you do if you're a lawmaker and you need to raise money? Congressional Democrats have an answer in mind -- a new tax on trades on Wall Street. Nancy Marshall Genzer reports on how it might work.
Thanks to a legislative compromise, the nation's 45% estate tax drops to zero in 2010. But it'll come back with a 55% vengeance in 2011. John Dimsdale explores the "throw mama under the train" aspect of the current estate tax law.
A group of liberal lawmakers is working on a bill that would tax Wall Street's stocks and derivatives trading to raise money for job creation and deficit reduction. Steve Chiotakis talks to Washington Bureau Chief John Dimsdale.