Looking for new revenue sources, states are considering levying taxes on Internet retail. California is thinking about taxing music downloads, and New York says it's going to start hitting up companies like Amazon. Alisa Roth reports.
The tax code hasn't gotten much attention in the presidential debate so far. But commentator and business historian John Steele Gordon says proposals to raise capital gains taxes might not be so smart.
It's tax time. Most of us wince when we see how much tax the government has taken. But imagine if you don't get any benefits from paying taxes. A lot of illegal immigrants are in that position. Stacey Vanek-Smith reports.
California Gov. Arnold Schwarzenegger is working on a "cap-and-trade" plan to cut the state's greenhouse gases, compelling companies to buy and sell credits regulating potentially harmful emissions. But some environmentalists are skeptical of a market-based approach. Sarah Gardner reports.