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Income Tax

A collection of news and information related to Income Tax published by this site and its partners.

Top Income Tax Articles

Displaying items 157-168
  • Cassity: Taxing the 'rich' could mean your job

    Taxes. Now there's a word that's sure to get the blood flowing. Although perennially a subject for discussion, it seems that it's become more a part of our national and state and even local discourse over the past few months. So, always interested in...
  • Romney Tax Release Comes After Months of Pressure

    Romney Tax Release Comes After Months of Pressure
    Mitt Romney's Friday release of some tax documents came after months of pressure on the Republican candidate to make public more of his financial picture. Republicans urging further release hoped additional documents would put the issue of what Romney...
  • Romney paid 14 percent effective tax rate in 2011

    Romney paid 14 percent effective tax rate in 2011
    Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1 percent, his campaign said Friday. His effective tax rate was up slightly from the 13.9 percent rate he paid in 2010. The...
  • Senate panel backs extension of mortgage debt relief law

    WASHINGTON — Here's some encouraging news for financially stressed homeowners across the country: The Senate Finance Committee has approved a bipartisan bill that would extend the Mortgage Forgiveness Debt Relief Act through 2013. Why is this...
  • Governor stumps for tax increase at City College

    Governor stumps for tax increase at City College
    SAN DIEGO -- Gov. Jerry Brown came to at San Diego City College Monday on the first day classes to campaign for a tax increase to help finance education from kindergarten through community college. Proposition 30 would increase the sales tax by a...
  • Filling out student loan form gets easier

    Filling out student loan form gets easier
    I think it's safe to say most high school seniors and their parents would rather sandblast the oil stains from the garage floor or rearrange the attic than fill out the Free Application for Federal Student Aid. However, here's some news that should...
  • State Budget Bill Lowers Sales Tax, Increases State Income Tax For Rich

    State Budget Bill Lowers Sales Tax, Increases State Income Tax For Rich
    The state House of Representatives late Monday approved a Democratic-written budget bill that would cut estate taxes for the wealthy, reduce the sales tax for everyone and increase the state income tax for couples earning more than $1 million a year. For...
  • Cash-strapped Illinois owes companies $4.5 billion

    Frank Vala left a state government job 30 years ago and built up a business that aims to keep seniors across Illinois out of hospitals and nursing homes by assisting them with everyday tasks such as cooking, cleaning or picking up medicine. The state...
  • Illinois income tax rate may rise by 50%

    Illinois income tax rate may rise by 50%
    TRIBUNE UPDATE: Gov. Pat Quinn today acknowledged he plans to raise income taxes in the wake of a Chicago Tribune story that he is considering a 50 percent increase on individuals. He declined to confirm details in the Tribune report, which said he is...
  • A national healthcare reform primer

    A national healthcare reform primer
    Most people with health insurance say they like what they have. They trust their doctors, and they are fearful of any change in their policy. Many of the 47 million uninsured people in this country don't go to the doctor even if they need to because they...
  • Fixing California's revenue system

    Fixing California's revenue system
    It may not have been foremost in the minds of Californians as they completed their tax forms over the last several weeks, but the state has a progressive income tax system, meaning that the marginal tax rate increases as taxable income increases. Everyone...
  • Schwarzenegger eager to sign budget, stump for measures