A new report from the Congressional Budget Office says the tax rates paid by most Americans were at near-record lows in 2009. Who's paying less, who's paying more, and what's causing the change?
The Republican candidate paid 13.9 percent of his income in federal taxes in 2010, a lower percentage than many people with less income pay. But higher tax rates on Mitt Romney's investment income would raise taxes for others, too.
The holiday madness is upon us. But, between shopping and holiday party planning, taxpayers can still take steps to save on their 2011 taxes. There are a few last-minutes opportunities to consider by December 31.
In delaying a budget cut solution, the super committee has put off decisions on Social Security payroll tax cuts, unemployment benefits for Americans, and other tools that could affect your family.