Wealthy win lion's share of major tax breaks
19 days ago
Households in the bottom fifth, meaning couples making up to $35,000, receive 11.7 percent of their after-tax income from the breaks, about half of which is due to the earned income tax credit.
Congress huffs, puffs and passes timid deal
166 days ago
On the positive side of the ledger, the bill passed late Tuesday:-Maintains current tax rates for about 98 percent of Americans while reasonably boosting them for families making more than $450...
Details of Senate bill averting 'fiscal cliff'
167 days ago
The tax was originally designed to ensure that the wealthy did not avoid owing taxes by using loopholes.-Other tax changes: Extends for five years Obama-sought expansions of the child tax credit,...
Details of tentative deal averting 'fiscal cliff'
169 days ago
The tax was originally designed to ensure that the wealthy did not avoid owing taxes by using loopholes.-Other tax changes: Extends for five years Obama-sought expansions of the child tax credit,...
