archive
How The Alternative Minimum Tax Could Slam You
November 13, 2012 The alternative minimum tax is looming over about 27 million more taxpayers this year. It's just one part of the so-called fiscal cliff — a big cluster of automatic spending cuts and tax hikes that will occur if Congress does not act. Those taxpayers could end up paying an average of $3,700 more without a fix.
Economy
How The Fiscal Cliff Would Hit The Economy
November 11, 2012 From higher payroll taxes to automatic cuts in military spending, the looming budget crisis could drag the economy back into recession and create turmoil in the financial markets, economists say. To better understand what's at stake, have a look at some of the key phrases involved in the crisis.
The Two-Way
Stocks Fall On 'Fiscal Cliff' Fears
November 7, 2012 Concerned that the White House and Congress won't be able to agree on how to avoid deep spending cuts and tax increases, many investors sold stocks.
It's All Politics
Stuck In The Middle (Class) With You
November 4, 2012 When the presidential candidates speak about the "middle class," they're making a safe bet that you'll think they're talking to you. The middle class doesn't have an economic definition, and Americans of widely varying income levels identify with it. The class-based term seems to have lost its distinction.
Superstorm Sandy: Before, During And Beyond
Storm Leaves Many Facing Tricky Insurance Process
November 2, 2012 The estimated price tag for Superstorm Sandy could run as high as $50 billion. But homeowners and businesses in the Northeast aren't just dealing with damage from Sandy; they're also dealing with insurance companies. And figuring out what's covered and what's not can get very complicated.
Planet Money
Why Economists Love Price Gouging, And Why It's So Rare
October 29, 2012 Like millions of other people, I stocked up on canned food this weekend. Why didn't grocery stores raise prices to take advantage of the pre-hurricane rush?
Economy
Bust To Boom: Why Housing Matters, Economically
October 27, 2012 The presidential candidates won't let up on their economic talk, but job creation has stolen housing's thunder. Energizing the housing market could drive economic recovery, but a number of economic and political potholes lie ahead.
It's All Politics
Why The Economy Won't Help Obama — Or Romney
October 26, 2012 The economy is growing and consumer confidence is rising. But the data are too mixed to point to a robust economy. And it may be too late anyway to change voters' impressions.
Business
Mortgage Interest Deduction Could Be In Play
October 24, 2012 Both President Obama and Mitt Romney have suggested ways to scale back the deduction's value for wealthy taxpayers. It's one of the keys to helping reduce the federal budget deficit, but the real estate industry says the housing market is too fragile to eliminate the tax break altogether.


