U.S. News


Today in history: On April 15 the tax man cometh

In 1894, the Wilson-Gorman tariff imposed the first peacetime income tax of 2 percent on income over $4000, affecting fewer than one in ten households at that time.


Tax Day, 2013: U.S. pay gap is biggest in the world

Last year CEOs received an average $12.3 million while the average worker took home around $34, 645.


The 99%, as citizen tax enforcers, highlight Buffet Rule

Hundreds of taxpayers marked the filing deadline April 17 by delivering tax "bills" - and a message - to tax-dodging corporations and executives.


Police tear down New York's Occupy Wall Street camp

In the pre-dawn hours today helmeted and shield-carrying police tore down the Occupy Wall Street encampment in Zuccotti Park here where protesters have hunkered down since September.

Shocking report shows tax break created no jobs

The big tax break of 2004 - which the then-sitting Congress and the Bush administration promised would bring jobs and revamp the economy - did little more than stuff $300 billion into the pockets of the rich.


Tax cut deal: “A tremendous sacrifice” says Solis

"Right now we've made a tremendous sacrifice," Secretary of Labor Hilda Solis said. "There's no pleasure in us giving the high income tax bracket these cuts."