News
CNN Money | Millionaires who owe no federal income tax
...18,000 were households taking in more than $500,000 -- and of those, 4,000 made more than $1 million.
Econ Comments
WSJ | Tax Revenues Are Rising
The bad news is that the federal deficit still rolled in at a record $871 billion, a $71 billion increase through April, because spending is up $181 billion, or 6.4% after adjusting for some one-time factors. Medicaid alone is up 6.7%.
CNN | When Reagan raised taxes
If Republicans want to seriously tackle deficit reduction, they will have to remember Reagan's full legacy -- not simply his decision to cut income taxes in 1981.
WSJ | Taxpayers and Money Market Funds
If asset values floated, investors would better understand the risks.
