Tax cuts: The GOP's McConnell wants to extend the Bush-era tax cuts, but he might have to shut down half the federal government to pay for them.
Obama has showered new tax perks on the poor and middle class while pledging to maintain many of the Bush tax cuts. But his tax code largess stops at wealthy households.
With the April 15 filing deadline in view, American taxpayers may be surprised to find that their tax burden is less than those in most industrialized countries. But can that last?
The US debt could double to over $20 trillion over the next decade if policymakers don't act. Is it time for a VAT?
The plan to crack down on individuals who hide cash in foreign accounts has broad support. But eliminating tax havens for American companies could put them at a disadvantage internationally, experts say.