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On The Road With Max And Dave: A Tax Overhaul Tour

Senate Finance Committee Chairman Sen. Max Baucus, D-Mont., (center) and House Ways and Means Committee Chairman Rep. Dave Camp, R-Mich., (right) speak about overhauling the tax code at the 3M Innovation Center in Maplewood, Minn., on July 8. Hannah Foslien/AP hide caption

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Hannah Foslien/AP

It's All Politics

On The Road With Max And Dave: A Tax Overhaul Tour

Sen. Max Baucus and Rep. Dave Camp skip much of Washington's formality when they're out traveling the country to try to drum up support for simplifying the tax code. They want to convince Americans — and their colleagues in Congress — that it's possible, and worth it.

On The Road With Max And Dave: A Tax Overhaul Tour

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Online Sales Cost Cities And Counties Billions In Taxes, Mayors Say

A chart shows estimated tax revenue losses due to online sales in 11 U.S. cities. Figures for 2013 are projections. IHS Global Insight hide caption

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IHS Global Insight

The Two-Way

Online Sales Cost Cities And Counties Billions In Taxes, Mayors Say

Among the cities studied, New York City is estimated to have missed out on the most amount of money, at more than $205 million in 2012. The U.S. Mayors' Conference says it's a reason to back the Marketplace Fairness Act; not everyone agrees.

Oregon's Cash-Strapped Counties Reject Public Safety Levies

A yard sign opposes a local tax increase to fund public safety in Josephine County, Oregon. The ballot measure reportedly failed by a thin margin. Amelia Templeton/OPB hide caption

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Amelia Templeton/OPB

The Two-Way

Oregon's Cash-Strapped Counties Reject Public Safety Levies

Two Oregon counties have reportedly rejected property tax increases that would have funded law enforcement and public safety services. The counties once received federal timber subsidies, but those days are over — and now they're scrambling to pay for essential services.

Obamacare Won't Affect Most 2012 Taxes, Despite Firm's Claim

Taxes this year will be as much of a drag as ever. But not because of the Affordable Care Act. iStockphoto.com hide caption

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Shots - Health News

Obamacare Won't Affect Most 2012 Taxes, Despite Firm's Claim

CPR News

H&R Block claims it's equipped to guide you through the Affordable Care Act and the law's implications for your taxes this year. But the law doesn't really affect 2012 returns.

Obamacare Won't Affect Most 2012 Taxes, Despite Firm's Claim

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'Consumer Reports' Offers Tips For Doing Taxes Online

While many people look to tax preparation services for help, Tobie Stanger, editor at Consumer Reports, says online tools are often cost-effective. /iStockphoto.com hide caption

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All Tech Considered

'Consumer Reports' Offers Tips For Doing Taxes Online

More self-preparation tools have become available this tax season. Some people may be anxious about doing their taxes online, but an expert from Consumer Reports says it's worth a shot.

'Consumer Reports' Offers Tips For Doing Taxes Online

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On 'Fiscal Cliff,' Majority Of Public Sides With Democrats, Pew Poll Says

President Obama, with House Speaker John Boehner (R-Ohio) behind him, delivering his State of the Union address last January. Saul Loeb/Getty Images hide caption

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Saul Loeb/Getty Images

The Two-Way

On 'Fiscal Cliff,' Majority Of Public Sides With Democrats, Pew Poll Says

Fifty-five percent of those surveyed said President Obama is making a "serious effort" to work with Republicans. Just 32 percent said Republicans are making a serious effort to work with the Democratic president.

On 'Fiscal Cliff,' Majority Of Public Sides With Democrats, Pew Poll Says

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The Perilous Politics Of The Health Insurance Tax Break

MIT health economist Jonathan Gruber, who explained the ins and outs of health overhaul in a comic book, says that excluding the value of health insurance from federal taxes is a terrible idea, at least from an economist's point of view. Macmillan hide caption

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Macmillan

Shots - Health News

The Perilous Politics Of The Health Insurance Tax Break

Economists say that excluding the value of employer-sponsored health insurance from federal taxes makes no sense. But many worry that changing the tax code could mean higher taxes or that employers would push down the value of the health insurance they provide.

The Perilous Politics Of The Health Insurance Tax Break

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The Huge (And Rarely Discussed) Health Insurance Tax Break

The largest tax break in the federal code doesn't appear on the forms the average person fills out each year. iStockphoto.com hide caption

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Shots - Health News

The Huge (And Rarely Discussed) Health Insurance Tax Break

Most people don't realize that they don't pay taxes on the value of health benefits from their job. If employer-provided health insurance was taxed in the same way as wages, the federal government could gain $250 billion a year. But it would mean higher taxes for many people.

The Huge (And Rarely Discussed) Health Insurance Tax Break

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Obama Back In Campaign Mode; This Time, It's Taxes

President Obama looks over a roller coaster with K'Nex inventor and Chairman Joel Glickman (left) and President and CEO Michael Araten on Friday during a tour of the company in Hatfield, Pa. Susan Walsh/AP hide caption

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Susan Walsh/AP

It's All Politics

Obama Back In Campaign Mode; This Time, It's Taxes

The president is using email, social media and public appearances to promote his message in the fight over federal taxes on Capitol Hill. The president hopes the campaign will put pressure on Republican lawmakers to come to a deal that would avoid automatic, across-the-board tax hikes.

Obama Back In Campaign Mode; This Time, It's Taxes

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Today's Three Stories To Read About The 'Fiscal Cliff'

Treasury Secretary Timothy Geithner as he arrived at the Capitol on Thursday for negotiations with congressional leaders. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images

The Two-Way

Today's Three Stories To Read About The 'Fiscal Cliff'

The White House and congressional leaders continue to talk about taxes, spending cuts and how to avoid an end-of-year deadline — when Bush-era tax cuts are set to expire and automatic spending cuts are set to go into effect.

Grover Norquist: Pink Unicorns Aren't Real And GOP Won't Break Tax Pledge

Grover Norquist, founder of Americans for Tax Reform and the man behind the pledge. Jim Watson /AFP/Getty Images hide caption

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Jim Watson /AFP/Getty Images

The Two-Way

Grover Norquist: Pink Unicorns Aren't Real And GOP Won't Break Tax Pledge

The man behind Republicans' "no new taxes" pledge says Democrats won't propose "real" spending cuts or reforms. It's a fantasy to think they would, Norquist says. So, he says, even those Republicans who are suggesting they might vote for higher tax revenues won't do so.

Grover Norquist: Pink Unicorns Aren't Real And GOP Won't Break Tax Pledge

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The Two-Way

Romney's 2011 Tax Return Shows He Paid At 14.1 Percent Rate, Campaign Says

That rate is in line with earlier statements the candidate made about how much he paid in taxes last year. He's also releasing a summary of his taxes from the past 20 years — which may not satisfy Democrats who want him to offer more details.

Romney's 2011 Tax Return Shows He Paid At 14.1 Percent Rate, Campaign Says

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