Tax Day

Here's Why Half Of Americans Don't Pay Income Tax

CNNMoney | Jeanne Sahadi | Posted 04.26.2012

NEW YORK (CNNMoney) -- It's a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax. But it's not ...

The Economic Impact of Raising Taxes on High-Income Households

Jared Bernstein | Posted 04.25.2012

Jared Bernstein

Although tax increases on high-income individuals might reduce their saving, if the revenue generated is devoted to deficit reduction, the resulting increase in public saving is likely to more than offset any reduction in private saving.

We Should Be Wary of the IRS Preparing Our Taxes

Edward J. Black | Posted 04.25.2012

Edward J. Black

If the IRS starts preparing our taxes for us, that right will cease to exist. Even with its flaws, Americans would most certainly prefer our current tax filing system over putting their faith in the IRS to fairly do it for them.

21st Century Tax Policy and Aging Populations

Michael Hodin | Posted 04.24.2012

Michael Hodin

If Boomers want to continue the proud national tradition of handing off a better America to each generation, then it's time to rethink what it means to age.

Tax Cheats: Here's When You Can Relax

Wall Street Journal | Laura Saunders | Posted 04.20.2012

Is a tax sin haunting you? Maybe you paid a baby sitter under the table, or "forgot" to declare income, or deducted personal expenses as business c...

Drinking the Tax-Cut Kool-Aid in New Jersey

Gordon MacInnes | Posted 04.19.2012

Gordon MacInnes

The investments we need to create jobs and build a strong economy are being short-changed as leaders from both parties continue to drink the tax-cut Kool-Aid.

Most Americans Have This To Say About The Tax Code

The Huffington Post | Bonnie Kavoussi | Posted 04.18.2012

As Americans scramble to send in their taxes, some are deriding the tax code's priorities. Nearly 70 percent of Americans say they think the curr...

WATCH: Gary Busey's Too-Late Tax Tips

Posted 04.18.2012

There's probably not a ton you can do about your taxes at this point, since the stroke of midnight marked the official end of tax season, but if you'r...

How We're Spending Our Tax Return

Posted 04.17.2012

If you're like us, you might be getting a little bit of money back from the federal government this year, so you better start planning what you're goi...

Tax Dodgers And OWS Protest Tax Evaders

Posted 04.17.2012

In honor of tax day, Tax Dodgers and Occupy Wall Street activists gathered outside the Trump Tower, where apparently the Donald himself is throwing a ...

Tax Day Doesn't Belong to the Tea Party Anymore

Mark Engler | Posted 04.17.2012

Mark Engler

This year, if you say "Tax Day" and "social movement," the Tea Party isn't necessarily the first thing that comes to mind. And if you go looking for a protest, you'll likely find folks protesting against the tax evaders of the top 1 percent.

Equal Pay Day: It's Time to Close the Earnings Gap

Kirsten Swinth | Posted 04.17.2012

Kirsten Swinth

The old-fashioned kind of income inequality that still keeps women earning less than men on average holds families back, and perpetuates the gulf between the 1 percent and the 99 percent

INFOGRAPHIC: Brides Use Their Tax Refunds To Do WHAT?

Sara Morgan | Posted 04.17.2012

Sara Morgan

You know what they say, there are two certainties in life... death and taxes. Every year on April 15, millions of Americans fret and file on Nationa...

What's Fair? Five (or Six) Principles of Tax Fairness

Jared Bernstein | Posted 04.17.2012

Jared Bernstein

The wealthy have been paying a larger share of federal income taxes not because their tax rates have gone up -- in fact, they've gone down. It's because they've been collecting the lion's share of the growth for decades.

PHOTOS: Chicago's Most Notorious Tax Fraudsters

Posted 04.17.2012

Considering Chicago's reputation as home to the nation's largest concentration of corrupt elected officials, it is not terribly surprising that the Se...

Let's Use Taxes to Put America to Work

Phaedra Ellis-Lamkins | Posted 04.17.2012

Phaedra Ellis-Lamkins

Instead of giving the wealthiest Americans a free ride, why shouldn't we ask them to pay their fair share? That's the only way we are going to bring fairness to our tax system and make our nation stronger, healthier and more competitive.

Luke Johnson

Corporations Reap Benefits Of Lobbying

HuffingtonPost.com | Luke Johnson | Posted 04.17.2012

The top eight companies that spent the most on federal lobbying from 2007 to 2009 all saw their reported tax rates decrease from 2007 to 2010, accordi...

unEqual Pay Day

Rep. Jackie Speier | Posted 04.17.2012

Rep. Jackie Speier

There is cruel irony in having Equal Pay Day fall on Tax Day. Women and men share the responsibility of paying taxes, but there is no sharing when it comes to receiving equal pay for comparable work.

PHOTOS: Splurge-Worthy Trips For Your Tax Refund

Travelzoo | Posted 04.17.2012

Travelzoo

Tax day isn't an official holiday, but with millions of Americans expecting a refund, it could inspire a vacation or two when that check arrives.

What I Couldn't Write Off This Tax Season

Deanna Michalopoulos | Posted 04.17.2012

Deanna Michalopoulos

As I pulled out my intricate "catchall" filing system (read: one large pile), I revived the tumult and triumph of 2011, one crumpled piece of paper at a time.

Tax Dodging Jeopardizes Society at Home and Abroad

Heather A. Lowe | Posted 04.16.2012

Heather A. Lowe

American corporations make use of offshore tax havens and creative accounting techniques to legally avoid paying taxes in the United States, while still racking up record profits. The seriousness of the problem cannot be overstated.

Robin Wilkey

PHOTOS: Yes, We Actually Have A Tea Party

HuffingtonPost.com | Robin Wilkey | Posted 04.25.2012

SAN FRANCISCO -- On Saturday, disgruntled activists crowded Justin Herman Plaza carrying signs, chanting slogans and protesting allegedly unfair taxat...

Jo Piazza

Stars Who Have Had Tax Trouble

HuffingtonPost.com | Jo Piazza | Posted 04.16.2012

The federal tax deadline is just around the corner and millions of Americans are scurrying to file their returns. Celebrities, of course, must pay tax...

Time for a 99 Percent Tax Revolt

Elizabeth Parisian | Posted 04.16.2012

Elizabeth Parisian

For the 99 percent of Americans who don't use lobbyists to bend the tax rules, Tax Day is a day for reflecting on why we pay taxes.

More Than a Date: The Connection Between Tax Day and Equal Pay Day

Kristin Maschka | Posted 04.16.2012

Kristin Maschka

Equal Pay Day and Tax Day both fall on April 17 this year due to a simple calendar coincidence. But the connection between the two and the financial i...