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Poll: Americans not revved up over increased gas taxes
(CNN) – Two-thirds of Americans would oppose a law in their state that would increase the gas tax to help pay for road and bridge repairs, according to a new national poll. A Gallup survey released...
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Spending cut bright spot: Fewer IRS audits
New York (CNNMoney) – Thanks to the government's spending cuts, you may have a smaller chance of being audited this year. The cuts, known as the sequester, will wipe $600 million from the IRS's budget...
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Senate to vote on proposed Internet sales tax law
New York (CNNMoney) - The U.S. Senate is expected to vote on a long-debated Internet sales tax law Monday, paving the way for millions of consumers to start paying sales tax on online purchases. The...
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Senate approves Internet sales tax proposal
New York (CNNMoney) - The Senate approved a long-anticipated Internet sales tax proposal on Monday, moving the legislation one step closer to enactment and paving the way for shoppers to pay sales tax...
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Payroll tax hike prompts spending cuts
(CNNMoney) - Most Americans plan to cut spending to make up for income lost from the payroll tax hike, according to a New York Federal Reserve study released Wednesday. The payroll tax cut, which was...
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McCain: 'Why the hell' do iPhone apps need updating?
(CNN) - After questioning Apple CEO Tim Cook in a congressional hearing Tuesday, Sen. John McCain ran out of time and didn't get to ask one pressing question on his mind. "What I really wanted to ask...
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Tennessee man charged in Romney tax return extortion scheme
Washington (CNN) - A Tennessee man was indicted Wednesday, accused of making a false claim that he had obtained tax returns for then-Republican presidential candidate Mitt Romney and then trying to...
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Same-sex couples: Beware the marriage penalty
New York (CNNMoney) - After notching a major civil rights victory this week, some same-sex couples need to brace for a less exciting outcome: a tax hit known as the marriage penalty. On Wednesday the...
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Spitzer releases tax info – but not returns – after calls from rival
(CNN) - After calls from his Democratic opponent to release his personal income tax returns, former New York Gov. Eliot Spitzer – currently making a political comeback bid for New York City comptroller...
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Report: Obama campaign considered replacing Biden with Hillary Clinton
Washington (CNN) - President Barack Obama's closest advisers may have secretly considered replacing Vice President Joe Biden with Hillary Clinton on the 2012 ticket, but White House spokesman Jay...
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Government shutdown delays 2014 tax season
New York (CNNMoney) – Eager for your 2013 tax refund? Well, if you like to file your federal return at the start of every tax season, you may have to wait a little longer for your check. The IRS said...
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GOP loves tax reform, in theory. In reality? Not so much
Washington (CNN) – Republicans, who have spent years clamoring for tax reform, were much less enthusiastic Wednesday when faced with a sweeping tax overhaul plan in an election year, reticent to...
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How Washington spends your taxes
New York (CNNMoney) – Your tax preparation software may tell you how much you owe in federal income taxes for 2013, but it won't tell you how your money is spent by the federal government. No worries....
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Tax poll: Is the middle class paying too much?
(CNN) – Just under half of all Americans (49%) believe the middle class pays too much in taxes, according to a new Gallup survey released Tuesday, the deadline for income earners to file their tax...
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RNC files suit against IRS on Tax Day
(CNN) – The Republican National Committee announced Tuesday, the day Americans file their taxes, it's suing the Internal Revenue Service over withholding records involved in the agency's targeting of...
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$100,000 income: Three very different tax bills
New York (CNNMoney) - There are a lot of differences between Queens, Topeka and Seattle. One that stands out: People making the same money in each of those places can face very different tax bills....
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Republicans pass tax breaks, but don’t pay for them
Washington (CNN) – Republicans want to cut the deficit. And Republicans want to cut taxes. Tuesday, those two sweeping goals collided as a GOP-controlled House committee voted to advance hundreds of...
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Tax-writing congressman violated tax law
Washington (CNN) – In Washington, Republican Rep. Todd Young helps write the nation’s tax laws, but back home in Indiana he violated state tax law, claiming a property tax deduction for a house he...
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Strange times: Republicans block tax credits - as a protest
(CNN) - It is a rare, strange day when Senate Republicans vote to block billions in tax cuts. But that's what happened Thursday when they chose to freeze a massive tax credit package in order to...
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Obama offers populist message on corporate taxes at end of fundraising trip
Los Angeles (CNN) - Ramping up his populist economic message as midterm elections near, President Barack Obama on Thursday singled out large companies that maneuver through legal loopholes to avoid...
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