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Feb 7, 2012 12:37PM on Smart TaxesBy MSN Money Partner

The candidates all talk about improving the system, but there is no consensus on what to change. Closing 'loopholes' is unlikely to win votes.

Jan 31, 2012 3:08PM on Smart TaxesBy MSN Money Partner

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.

Jan 20, 2012 6:41PM on Smart TaxesBy MSN Money Partner

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.

Jan 17, 2012 1:21PM on Smart TaxesBy MSN Money Partner

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.

Jan 16, 2012 12:12PM on Smart TaxesBy MSN Money Partner

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.

Jan 12, 2012 8:10PM on Smart TaxesBy MSN Money Partner

After Republican Sen. Mitch McConnell suggests Warren Buffett give his fortune to the U.S. Treasury, the billionaire pledges to match Republican contributions.

Jan 6, 2012 11:08AM on Smart TaxesBy MSN Money Partner

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.

Jan 5, 2012 11:29AM on Smart TaxesBy MSN Money Partner

GOP candidate wants to cut tax rates and increase exemptions for children, plus cut domestic spending. But his budget cuts wouldn't replace nearly all the lost revenue.

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