tax bracket

Congressional leaders have been battling over the soon-to-expire Bush tax cuts for more than a year. Yet, there's still no word on whether Congress will vote to extend the cuts, allow the cuts to expire or work out some compromise package that might do a little of both. At the center of the tax...

Early tax projections from the Tax Policy Center suggest that 45% of Americans will pay no federal income tax for 2009. Credits, deductions, and tax breaks have whittled down the federal income tax liability for most Americans -- from the poorest to the wealthiest -- such that many Americans will...