ON AIR NOW
Click to Play
As the debate around tax reform grows more heated, broker-dealers and other companies that service retirement plans offered by employers are increasingly concerned that the tax benefits of 401(k) plans are on the chopping block.
'The tragedy of our day is the climate of fear in which we live and fear breeds repression. Too often sinister threats to the Bill of Rights, to freedom of the mind, are concealed under the cloak of anti-Communism.' Today, it's the cloak of anti-Terr
As the debate around tax reform grows more heated, broker-dealers and other companies that service retirement plans offered by employers are increasingly concerned that the tax benefits of 401(k) plans are on the chopping block.
A tax break that has long been untouchable could soon be in for some serious scrutiny. Many home buyers deduct their mortgage interest when assessing their tax bill, a perk that has helped bolster the income of millions of families — and the broad
A top Republican senator is casting aside an anti-tax pledge he signed, saying that solving the country’s looming fiscal crisis is more important than honoring the decades-old pact.
The U.S. federal government is over $16.2 trillion in debt. But that doesn’t really matter, we’re told, because the Federal Reserve — a private banking monopoly — can create an unlimited quantity of dollars to keep buying up the U.S. debt. This is ca
Hey, let's just simplify the tax code and eliminate loopholes.
President Obama's intensive lobbying to avert big year-end tax hikes and spending cuts resumed over the weekend as he spoke with senior corporate chieftains, including JPMorgan Chase's Jamie Dimon and legendary investor Warren Buffett.
Two decades ago, Kester paid the IRS $2 million when he inherited a 22,000-acre cattle ranch from his grandfather. Come January, the tax burden on his children will be more than $13 million.
A public health proposal suggests that tobacco smokers should be required to apply and pay for a “smoker’s license” in order to continue buying cigarettes.
“Peacefully grant the people of the United States of America to have Grover Norquist be brought forth in chains and put in a public pillory. Once Grover Norquist has been secured, anyone who wishes will be allowed to punch him once, and only once,
As boisterous threats of the 'fiscal cliff' persist and progressive voices urge President Barack Obama to avoid falling for shortsighted solutions to illusory ultimatums
Quickly pivoting the political conversation from President Obama’s reelection to Washington’s looming budget battles, House Speaker Boehner offered a potential path to compromise, saying Republicans are “willing to accept new revenue” to tame the soa
And by the fact that federal regulators smacked it with a $4,000 fine. Over a trash can. The offending can — or "waste receptacle," in the words of the Mine Safety and Health Administration's official citation — was "not covered."
For decades, Switzerland was the place where money went to hide. Cash sent to its mountain aeries was protected by some of the strictest secrecy laws in the world. But with the euro crisis forcing Switzerland’s revenue-starved neighbors to search
Many business owners—mostly founders who could gain a lot from a sale—are looking to close deals before next year, when the maximum tax on investment income is scheduled to rise from 15% currently to at least 23.8% on most capital gains,
Here's why the IRS will require Americans to disclose their personal health ID information starting in 2014
A looming increase in the capital-gains tax rate next year is fueling sales of some privately-held businesses.
The federal government will cover 100 percent of emergency power and public transportation costs until just past the election in 8 New Jersey counties that were hit hard by Hurricane Sandy, according to their two U.S. senators
The problem is people paying taxes. We need to stop it from occurring anymore. Taxes are the lifeblood of government. Taxes enable government to spend money to regulate our lives. Taxes enable the government to "provide services" that "everybody need
When Scott Schmith finally got his Swiss passport last month, it was time for him to take a drastic step: hand back his American one.
Wiping out itemized deductions and raising taxes on investment income would generate only enough cash to pay for a minuscule reduction in federal tax rates, raising new questions about the workability of Republican-style tax reform.
In the back and forth in Wednesday night’s presidential debate over tax breaks to energy companies, Republican nominee Mitt Romney argued that President Obama’s grants and tax breaks to renewable energy companies equalled 50 years of the tax breaks t
A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy roster of tax cuts set to expire at the end of the year, according to a new report Monday
(Reuters) - Top U.S. executives have less confidence in the business outlook now than at any time in the past three years - and a key reason is fear of gridlock in Washington over the fiscal deficit and tax policy.
It's no secret that the foreign policy of the United States tends to reflect the world views of the occupant of the White House.
-The 10% bracket rises to a new and expanded 15% -The 25% bracket rises to 28% -The 28% bracket rises to 31% -The 33% bracket rises to 36% -The 35% bracket rises to 39.6% Higher taxes on marriage and family coming on January 1, 2013.
The "fiscal cliff" looms in the United States as lawmakers face the possibility of automatic tax increases and spending cuts at the beginning of next year unless a deal can be reached to avert them.
Last week the Jerusalem Post reported that former Israeli Defense Force (IDF) Commander-in-Chief Gabi Ashkenazi told a conference that U.S. taxpayers have contributed more to the Israeli defense budget than Israeli taxpayers in the past three years.
6 million Americans — significantly more than first estimated— will face a tax penalty under President Obama's health overhaul for not getting insurance, congressional analysts said. Most would be in the middle class.
