Another sign of mortgage processing gone haywire in the boom, says Reuters: Banks keep billing for paid-off home loans.
Two percent of the president's staff, 3% of the Senate staff and 4.2% of the House staff are among the 279,000 U.S. government employees who owe the IRS a cumulative $3.4 billion.
| Tags: | federal taxtaxes |
The hip-hop mogul reduces monthly fees on his prepaid RushCards by as much as 40% as customer base expands.
There are ways to reduce the fees you'll have to pay when you use one of these cards.
High debt isn't necessarily a sign of financial trouble. Residents in some states with high debt also have relatively high incomes and high credit scores.
Republican presidential hopeful Mitt Romney is worth about $200 million. Where would that rank him on the list of the nation's richest presidents?
Juniper and Wendy's are downgraded, while Transocean is upgraded.
Congress has long set a lower tax rate for investment income, citing the benefit to the economy. But 87% of capital gains are claimed by people making more than $200,000 a year.
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FRUGAL COOL
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
SMART SPENDING
Take an extra step before donating to a charity that claims to be helping tornado victims: Research them first.
SMART TAXES
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
