Eliminating federal spending for the whole Corporation for Public Broadcasting, not just Big Bird and 'Sesame Street,' would save about $445 million a year. It is less than a speck in overall government spending, but that's not MItt Romney's point.
As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.
Corporate income tax moves some capital abroad, which reduces worker productivity, wages and benefits, Marron writes. As a result, some of the corporate income tax burden falls on workers.