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Could you pass an IRS audit?

FROM CNN's Jack Cafferty: If you're scrambling to do some end-of-the-year tax planning, you might want to consider this: The Internal Revenue Service increased the number of returns it audited by 11...

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How should income tax laws be changed?

People waiting in line at a downtown Manhattan post office April 15 to file at the last minute. (PHOTO CREDIT: GETTY IMAGES) FROM CNN's Jack Cafferty: Today is the deadline to file your income tax...

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Should raising taxes be more of a priority than cutting spending?

(PHOTO CREDIT: GETTY IMAGES) FROM CNN's Jack Cafferty: Americans are paying the smallest share of their income in taxes since 1958 - about 23.6% - according to new analysis from USA Today. During the...

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Should American wealth be redistributed by taxing the rich?

FROM CNN's Jack Cafferty: More than a hundred conservatives in the House sent a letter to House Speaker John Boehner and Majority Leader Eric Cantor Monday setting strict guidelines that need to be met...

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Should tax increases be used to pay for President Obama's jobs program?

FROM CNN's Jack Cafferty: President Obama's plan to pay for the $447 billion jobs bill with higher taxes is dead on arrival. Republicans are pushing back - insisting that tax hikes are off the table....

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Is a 30% tax on millionaires a good idea?

FROM CNN's Jack Cafferty: President Obama's proposed 30% tax on millionaires would only be a drop in the bucket when it comes to solving this nation's deepening financial crisis. The White House isn't...

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Should the payroll tax cut be extended yet again?

FROM CNN's Jack Cafferty: 160 million Americans could see their paychecks shrink at the end of the month - if Congress doesn't strike a deal on the payroll tax cut. This is the same cut they extended...

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Where is America headed if nearly half of us pay no federal income tax?

FROM CNN's Jack Cafferty: The Republican Party resembles a circular firing squad. Republicans may manage to lose an election they could win - against a weakened incumbent in a troubled economy - which...

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What does it mean when you have to work 107 days just to meet your tax bill?

FROM CNN's Jack Cafferty: With less than two weeks to go until taxes are due, think about this: It's estimated Americans need to work 107 days just to earn enough money to pay their taxes. A research...

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What's the point of the Buffett Rule if most millionaires already pay higher...

FROM CNN's Jack Cafferty: As the Senate debates the Buffett Rule - guess what? Most millionaires are already paying higher effective tax rates than almost everyone else. Named after billionaire Warren...

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Is a 30% tax on millionaires a good idea?

FROM CNN's Jack Cafferty: President Obama's proposed 30% tax on millionaires would only be a drop in the bucket when it comes to solving this nation's deepening financial crisis. The White House isn't...

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