Come April 1, America's corporate tax rates will be the highest in the developed world. That's bad policy for the United States.
Allowance can be a good tool to teach your kids about money management. Consider requiring them to divide their allowance into spending, saving, investing, and giving categories.
House Budget Committee Chairman Paul Ryan (R-WI) released a fiscal plan that promises trillions of dollars in tax cuts and a nearly balanced budget within a decade, but never says how he'd get there.
In their calls for tax reform, Republican Paul Ryan and Democrat Kent Conrad have a lot in common. But the question over tax revenues continues to drive the two sides apart.
Recent remarks on China and fair trade illustrate some crucial errors in Obama's views.
In theory, it makes sense to establish special accounts where designated revenues are set aside for a specific purpose. But in practice, Washington is grossly abusing the idea.
Single family housing permits increased a whopping 4.9 percent from last month to 472,000 single family units, but single family housing starts plunged 9.86 percent to 457,000 units.
People are always looking for ways to get every dollar back they deserve at tax time. Fortunately, there are some smart moves you can make before April 17 to help maximize your income tax refund. Spending a few minutes now will save you time preparing your taxes and can help you get big savings. Here are five tips to get you started:
In an unprecedented show of cooperation between firms, money managers are sharing information with one another to construct the best portfolios for their clients
When Republicans have nothing else to attack, they call for a tax cut. And it works.
Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?
If you can’t find something free and enjoyable to do outside, you’re not trying. Here are some suggestions.
Compared to other European countries, Britain has had only a modest problem with unemployment, but earnings have dropped considerably.
The alternative minimum tax (AMT) makes sure that high-income citizens may at least a minimum of income tax. It adds enormous complexity to the tax code and increasingly burdens middle-class families, but it would be costly and difficult to replace.