Tax reform will be an uphill battle
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Taking on the most sacred cow in US tax policy -- corporate deductions -- is sure to be President Bush&#39;s biggest hurdle. BY MARILYN GEEWAX.
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People living in states without income taxes could see their federal income taxes fall by about &#36;500 if they itemize deductions under the corporate tax overhaul approved by Congress.
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Politicians are starting to weigh changes to the federal retirement program. Reforms carry risk and can&#39;t be separated from nation&#39;s overall fiscal health.
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Congress is on the hunt for revenue raisers. Watch your wallet. Call your lobbyist.
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Whichever party wins the next general election will have to cut spending or raise taxes by Â£7bn if it is not to break Gordon Brown&#39;s &quot;golden rule&quot;.
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With underfunded pensions  threatening to become the U.S. taxpayer's next  multibillion-dollar headache, lawmakers are working on a  long-term fix for struggling traditional retirement plans.
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A variety of popular tax breaks held up in Congress for more than a year by political jockeying has been saddled once again with a host of contentious measures, including proposals to expand offshore oil drilling, cancel a Medicare payment cut for doctors and provide more money to clean up abandoned...
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Rewriting the tax code will prompt questions about closing loopholes to raise revenue so tax rates can be lowered.
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Whoever wins the election may have to make tough choices about Social Security's finances.
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The looming political battle over how to reform the tangled US income tax code could get ugly. But one option, a tax aimed at boosting savings, holds promise.
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With the robust economy, tax revenues are pouring in. But rising costs lie ahead.
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Once the bluster has settled down on Capitol Hill, millions of taxpayers will likely be getting a tax rebate later this year.
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Democratic presidential rivals called for higher taxes on the wealthiest Americans and on big corporations Thursday and said any thought of balancing the federal budget would have to wait.
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If you really want to get discouraged about the prospects for property tax relief, consider the numbers as the state closes the books on what is turning out to be a banner year for taxes, if not taxpayers.
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Governor Deval L. Patrick, facing a daunting challenge as he tries to balance his first state budget, is looking hard at the same solution that his predecessor, Mitt Romney, employed in the early difficult fiscal days of his administration: declaring war on corporate &#145;&#145;tax loopholes.&#146;&#146;
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Private-equity and hedge funds may soon face the taxman.
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As negotiations begin on an economic stimulus package, the big fight will be over whether to put extra money in the hands of low-income families who paid little or no income tax last year.