A better answer would be to close the loopholes that help the wealthy avoid paying higher taxes, but some argue that a minimum tax like the Buffett rule might be a good start.
Ron Paul wants to end the Fed and go back to the gold standard. Many call that a dangerous idea, but the US was quite prosperous on the gold standard.
A UN report released Thursday shows Peru is just shy of overtaking Colombia in coca cultivation, demonstrating the 'balloon effect' that drug war watchers always warn about: when pressure is applied in one area, production 'balloons' in another.
A new report calls the 'war on drugs' a failure. The claim isn't new, but hearing it from an ex-UN head and a former US secretary of State adds new weight to the criticism.
The Federal Reserve, the institution tasked with guarding the economy against inflation and financial instability, has long made headlines for its words as well as its actions. An utterance from the chairman can help reassure financial markets or raise concerns about the economy. Now the central bank is moving to explain itself more openly in its first-ever formalized press conferences, so the opportunity for Fed officials to make market-moving pronouncements may increase. Here's a look at some moments when a Fed chairman has made waves with his words.