News
CNN Money | Key tax deductions left hanging
It may be a new year, but when Congress returns from its winter break it will be all old business that lawmakers failed to finish before Christmas.
CNN Money | IRS audited 1 in 8 millionaires
The IRS audited one out of every 8 millionaires last year, the third year in a row the agency has ramped up its enforcement of the nation's top earners.
CNN Money | Tax gap: IRS comes up $385 billion short
Close to 15% of federal taxes -- or $385 billion -- went unpaid in 2006, according to new estimates by the IRS.
Econ Comments
Market Watch | The truth about Kim Kardashian’s taxes
The so-called “Courage Campaign,” which wants to raise California’s top tax rate from 10.3%, has come out with a video arguing that Kardashian is paying way too little tax. See it here.
Reuters | Time to junk income taxes?
This is America’s 100th year for individual income tax, a system as out of touch with our era as digital music is with the hand-cranked Victrola music players of 1912.
Blogs
Political Calculations | Your Paycheck in 2012
How much money will you really take home from your paycheck in 2012?
Reports
CBO | Budgetary Effects of H.R. 3630, the Middle Class Tax Relief and Job Creation Act of 2011
Budgetary Effects of H.R. 3630, the Middle Class Tax Relief and Job Creation Act of 2011, adjusted for the enactment of H.R. 3765, the Temporary Payroll Tax Cut Continuation Act of 2011.
