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Nobody enjoys paying taxes, so hearing that Congress is cutting the IRS budget might inspire you to applaud. But this is the agency that makes sure the rest of government gets funded, and stops the unscrupulous from dodging their fair share of the burden.
How the Chevy Volt Became a Political Punching Bag
11:15AM 1/26/2012
GM CEO Dan Akerson is charged up about the politically manufactured controversy surrounding the Chevy Volt. "We did not engineer the car to become a political punching bag," he said. Tough words -- but rescuing the Volt's reputation will be a tough fight.
How You Can Get a Taste of Mitt Romney's Low Tax Rate
11:23AM 1/25/2012

On Tuesday, GOP presidential hopeful Mitt Romney released his tax returns, which showed he only paid about 14% of his $21.6 million income in taxes. You'll probably never have that kind of money, but you can use some of his methods to save on your own taxes.

Lawmakers have gotten in the habit of waiting until the last minute to extend many tax breaks, but last year, they ran out of time. Now, unless Congress acts soon, millions of Americans are face changes that could leave them sending thousands of dollars a year more to the IRS.
The 8 Biggest Financial Heroes and Villains of 2011
3:30PM 12/29/2011

In a year saturated with big financial headlines, identifying the fiscal heroes and villains is bound to be an exercise in oversimplification. But DailyFinance is going to try: Herewith, we present our picks for the best and the worst of 2011.
How Buffett's Plan Cuts Taxes for Some of the Wealthy
11:10AM 11/21/2011

In the political battle over taxes, Warren Buffett has been cited often -- both as an example of the country's unbalanced tax code and for his popular plan to boost taxes on the rich. There's just one thing: His plan would leave many of them paying less.
Even if Buffett Tax Passes, Middle Class Could Still Get Hit
3:45PM 11/14/2011

Warren Buffett's tax proposal would put the bite on America's wealthy: Those who make $1 million or more would pay 30%, while those who make more than $10 million would pay 35%. But even if it passed, experts say balanced budgets will require sacrifices across the board.

On Tuesday, Texas Governor and GOP presidential hopeful Rick Perry finally entered the tax debate with "Cut, Balance and Grow," a startling new flat tax plan that borrows freely from Herman Cain's 9-9-9 proposal. But would it help American workers, or slash, topple and shrink the U.S. economy?
9-9-9, Take 2: Cain's Tax Plan Revamp Still Stings the Middle Class
2:00PM 10/24/2011

GOP presidential candidate Herman Cain unveiled several major changes to his popular 9-9-9 tax plan on Friday. The former Godfather's Pizza CEO even announced that those below the poverty line would pay no income taxes. But the middle class won't find much relief in Cain's fleshed-out plan.
Republican Presidential Candidates: Which One Is Best for Your Wallet?
12:45PM 10/18/2011

From Herman Cain's 9-9-9 plan to Ron Paul's proposal to nix the income tax, the GOP presidential candidates have floated a range of ideas for jump-starting the U.S. economy. But will any of them jump-start your home's economics?
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