The candidates all talk about improving the system, but there is no consensus on what to change. Closing 'loopholes' is unlikely to win votes.
The president wants to cut taxes on investment and add a 10% credit for businesses that create jobs or raise wages. Some of his proposals already have bipartisan support.
Romney favors the orthodox GOP approach of lowering tax rates and overhauling the corporate tax system. Gingrich's plan is more radical and much more difficult to achieve.
It's automatic, but it will expire Feb. 29 unless Congress extends the tax break. Employers and payroll services that didn't make adjustments in time will refund overpayments.
If Congress wants to extend the payroll tax cut beyond Feb. 29 without adding to the national debt, it has to cut somewhere else, raise fees or find other tax money.
After Republican Sen. Mitch McConnell suggests Warren Buffett give his fortune to the U.S. Treasury, the billionaire pledges to match Republican contributions.
Analysis of plan says the rich would see taxes cut 15% and the middle class would see taxes fall 2.2%. The plan would increase the deficit, something the GOP candidate disputes.
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As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
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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.
Occupy Wall Street bought and forgave the student loan debt of more than 2,700 Everest College students.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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