Mitt Romney’s tax plan would cut taxes for millions of households but bestow most of its benefits on those with the highest incomes. At the same time, it would significantly cut corporate taxes and add hundreds of billions of dollars to the deficit.
With the Fed printing more and more money, when will the federal debt problem become too big to handle?
A quarter of US households have few or no ties to the banking system, which hurts their financial future. Financial reform has made it even harder for banks to serve them.
Much of what’s called “public” is increasingly a private good paid for by users, and the rest has become so shoddy that that those who can afford to find private alternatives.
This year, tax policy makers need to work together to achieve revenue goals, and never lose sight of the long-term.
The average rate for a 30-year fixed rate mortgage increased to 4.01 percent, an increase of one basis point from last week.
Over the past 50 years, America's poltical think tanks have shifted towards political combat and away from nonpartisan research.
Fixed mortgage rates for 30-year loan now average 4.18 percent. But record low fixed mortgage rates are not perking up the housing market or causing a surge of refinancing.
Because many other factors influence income inequality besides tax policy, tax reform's ability to combat the problem is limited, but its potential shouldn't be entirely counted out.
Economists think that the Federal Reserve's new policy to be more transparent will only create noise and confusion in the markets
Climate change may have negative impact on our ability to grow food, but it will more likely encourage new innovations in food production.
With a new, higher paying job or a raise often comes "lifestyle inflation"–the temptation to spend wildly beyond your means. Here are the ways avoid overdoing it.