Current plan would exempt 40,000 estates from tax next year. Democrats say that gives too much to the wealthy.
2010 sees home prices sink by $1.7 trillion. Falling taxes deprive communities of crucial services.
After weeks of Washington back-and-forth, President Obama and GOP leaders have reached an uneasy agreement. But will what helps families now hurt them later?
The plan extends tax cuts, including the estate tax and the child tax credit. It also cuts payroll taxes. The unemployed and businesses would benefit, too.
First off, don't panic. There are steps you can take to get back in Uncle Sam's good graces.
The suggestion of trimming this popular tax break has people seething. But, really, few of us -- very few of us -- get anything from it.
All that stuff you never use can benefit others. You get a tax write-off and more room in your life.
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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.
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.