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Obama Boehner
Pool, Getty Images
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Should We Raise Taxes on the Wealthy to Avoid the ‘Fiscal Cliff’? [POLL]

Negotiations between President Obama and the Republican-led House of Representatives over the "fiscal cliff" are heating up. Some economists believe if a compromise isn't made by December 31 of this year, the U.S. economy could fall back into recession.

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Category: Politics Tags: ,
cash
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The Ticking Time Bomb

The national debt is as much your problem as it is Washington's.

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Money
401(K) 2012, Flickr
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Higher Taxes and Higher Prices Are Coming in 2013 — Dollars and Sense

Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.

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Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Should Olympic Medalists Have to Pay Taxes on Their Winnings? [POLL]

Olympics medals aren’t worth much, so it may surprise you to know that medalists also get stuck with a hefty tax bill.

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Category: Sports Tags: ,
aurelijus, flickr
aurelijus, flickr
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New Bill Would Force Online Retailers to Collect Sales Tax — Dollars and Sense

Online shoppers often cite the convenience of purchasing items from web retailers like Amazon, but another perk to cyber shopping is that buyers often don’t have to pay sales tax. Thanks to a congressional bill, though, that could soon change.

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lanier67, Flickr
lanier67, Flickr
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California Mulls a $1 Tax on Cigarettes — Do You Support the Idea? [VIDEO]

Some people really like to smoke, while most who do are simply addicted to nicotine and can’t stop. And then there are those who hate cigarettes, smokers, smoke and the smell that comes with smoking, not to mention the enormous health problems and financial costs associated with this vice.

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Category: Economy, Politics Tags: ,
Courtesy of Ginny Hopkins
Courtesy of Ginny Hopkins
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Waitress Returns $400,000 Tax Refund

Virginia Hopkins was looking forward to getting her tax refund. And why wouldn’t she be, as Uncle Sam owed the waitress from Cleveland $754.

When she finally received her letter from the IRS, she tour it open and then got the shock of her life. Hopkins was staring at a check for $434,712.

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Category: National News, Weird News Tags:
by mary thompson, flickr
by mary thompson, flickr
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Americans Would Rather Deal with the Agony of Doing Taxes Than Make Healthy Food Choices

Which do you think is easier — doing your own taxes or trying to figure out how to make healthy sections in your diet?

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Category: Food, Health Tags:

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