President Obama says it's the 'height of unfairness' that the very wealthy can pay a lower percentage of their income in federal taxes than many in the middle class. More
With Republicans taking over the House, expect an immediate effort to repeal health care reform. But piecemeal change is what might really happen. More
High unemployment doomed many Democrats in the 2010 election. But most economists expect a better job market by 2012, and that just might get the president re-elected. More
Republicans may win the House, if not the Senate. But that also means they will inherit the same problems plaguing Democrats: spending, taxes and debt. More
Some tax experts say the federal budget is much bigger than advertised thanks to the bevy of tax breaks that have grown four-fold in the past few decades. More
President wants Congress to levy fees on banks to make taxpayers whole for bailout losses. Tax would raise an estimated $90 billion and big institutions would pay bulk. More