Mar 27 Watch 5:05 News Wrap: White House struggles to shift gears amid Russia questions By PBS News Hour In our news wrap Monday, White House efforts to move beyond the failed attempt to repeal and replace the Affordable Care Act were overshadowed by mounting questions over House Intelligence Chair Devin Nunes' revelation about intercepted Trump communications. Also, Turkish… Continue watching
Jan 22 How firms avoid U.S. tax codes through pass-through businesses By Making Sen$e Editor The importance of pass-through business entities has soared in the past three decades. Over the same period, the amount of pass-through business income flowing to the top 1 percent of income earners has increased sharply, according to a new paper… Continue reading
Oct 29 Watch 7:54 The war over a tax break for hedge funds and money managers By PBS News Hour The so-called carried interest loophole is a tax break used by hedge funds and other investment groups that lets wealthy money managers pay a relatively low investment tax rate. Economics correspondent Paul Solman takes a close look at the controversial… Continue watching
Jan 19 Watch 5:32 Obama offers plan to raise taxes on ultra-rich, put more money in middle class pockets By PBS News Hour President Obama’s new tax code proposal calls for tax increases for higher-income earners and more tax benefits for low- and middle-income earners. Jeffrey Brown learns more from Neil Irwin of The New York Times about what the plan says about… Continue watching
Jan 19 GOP divided over using budget process to derail Obamacare By Andrew Taylor, Associated Press WASHINGTON — Republicans running Congress have promised to use every weapon in their arsenal to take down President Barack Obama's health care law. Continue reading
Jul 11 House votes to permanently extend ‘bonus depreciation’ tax break By Stephen Ohlemacher, Associated Press WASHINGTON — The House voted Friday to make permanent a temporary tax break that makes it easier for businesses to invest in new equipment, one of many expired tax breaks that Congress must deal with by the end of the… Continue reading
Jun 12 House approves permanent tax break for small businesses By Stephen Ohlemacher, Associated Press WASHINGTON — The House voted Thursday to make permanent a generous tax break that makes it easier for small businesses to buy new equipment and improve their property, part of an election-year showdown over a series of expired tax breaks… Continue reading
Mar 09 Watch Spitzer: Richest Americans Would Likely Still Work Facing 60% Tax Rate Spitzer: Richest Americans Would Likely Still Work Facing 60% Tax Rate… Continue watching
Apr 15 Watch Amid Tax Protests, IRS Chief Details Efforts to Aid the Cash-strapped IRS Commissioner Doug Shulman discusses efforts to alleviate the tax burden on Americans facing financial distress this year and explains why it will be hard to reform the tax code. Continue watching