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Panelists Glenn Hubbard (left) and Arthur Laffer argue for the motion "The Rich Are Taxed Enough." Samuel LaHoz hide caption
Market failure. Mike Stobe/Getty Images hide caption
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
About 34 million taxpayers take the mortgage interest deduction, for a typical savings of approximately $600 a year. iStockphoto.com hide caption
Barnard College graduates listen to President Barack Obama at commencement ceremonies on May 14, 2012. Richard Drew/AP hide caption
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
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
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