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Are The Rich Taxed Enough?

Panelists Glenn Hubbard (left) and Arthur Laffer argue for the motion "The Rich Are Taxed Enough." Samuel LaHoz hide caption

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Samuel LaHoz

Opinion

Intelligence Squared U.S.

Are The Rich Taxed Enough?

The current tax policy is evaluated on fairness, sufficiency and efficiency in this Intelligence Squared U.S. debate. Among the questions the panelists tackle are: Is the system fair? Does it create enough revenue? And will it promote economic growth?

Are The Rich Taxed Enough?

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Bust To Boom: Why Housing Matters, Economically

A construction worker finishes a roof in Chicago on Oct. 12. Signs of recovery in the housing market are springing up nationwide, but there's still a ways to go. Nam Y. Huh/AP hide caption

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Nam Y. Huh/AP

Economy

Bust To Boom: Why Housing Matters, Economically

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.

Mortgage Interest Deduction Could Be In Play

About 34 million taxpayers take the mortgage interest deduction, for a typical savings of approximately $600 a year. iStockphoto.com hide caption

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iStockphoto.com

Business

Mortgage Interest Deduction Could Be In Play

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.

Hear Marilyn Geewax On Tell Me More

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Investors' Funds Are Recovering, But Not Their Nerves

The Dow Jones industrial average dropped more than 500 points on Oct. 19, 1987, in the stock market crash known as Black Monday. Bettmann/Corbis hide caption

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Bettmann/Corbis

Investors' Funds Are Recovering, But Not Their Nerves

Retirement accounts have finally recovered the ground they lost when the stock market started crashing in 2008. But they have lost five years' worth of gains. So millions of small investors are doubting the old adage "invest for the long haul."

5 Questions 'Real' People Might Ask At The Debate

An audience member holds up his hand at a Mitt Romney town hall meeting in Dayton, Ohio, in March. Audience members will be allowed to ask questions at the second presidential debate, being held Tuesday night in Hempstead, N.Y. Gerald Herbert/AP hide caption

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Gerald Herbert/AP

Economy

5 Questions 'Real' People Might Ask At The Debate

With the election just three weeks away, many voters are still scratching their heads, wondering what exactly the candidates would do to improve the economy. Audience members at Tuesday night's presidential debate could focus on economic topics such as home prices, gasoline, wages, exports and jobs.

Renters No More: Newbies Lured To Homeownership

Kitsy Roberts and Janko Williams have traded a rent payment for a mortgage. The Seattle couple is planning to put a lot of sweat equity into their fixer-upper. Wendy Kaufman/NPR hide caption

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Wendy Kaufman/NPR

Crisis In The Housing Market

Renters No More: Newbies Lured To Homeownership

With mortgage rates near rock bottom and housing prices stable, many fence-sitters are jumping into the home market and leaving the world of renting behind. But first, they have to get approved for a loan.