Researchers skeptical about bank taxes, regulations still needed

Taxes on executive bonuses, financial transactions and excess profits are a few of the taxes proposed or enacted to punish banks for their role in the recent financial crisis, but most of these ideas have shortcomings, says ...

Early income-tax filing not the best deal

The early bird doesn't always get the worm. Moreover, said a consumer-finance expert in Penn State's College of Agricultural Sciences, being in a hurry to file your federal income tax forms in pursuit of a quick refund isn't ...

New Yorkers divided on how to balance state budget

(PhysOrg.com) -- Cornell's Survey Research Institute asked New Yorkers: If the state does not have enough money to balance its budget and pay for existing programs, would you raise taxes, cut state programs or borrow money?

Obamas Paid Too Much in Taxes, Says Tax Expert

(PhysOrg.com) -- President Barack Obama and first lady Michelle Obama paid too much in taxes last year compared with their peers in the same income group, says Dorothy Brown, professor of tax law at Emory University School ...

Only tax increase can cure Illinois budget woes, study says

Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...

Financial aid rules influence household portfolio decisions

The U.S. House of Representatives recently passed the Student Aid Financial Responsibility Act to address problems with the current financial aid system. The act calls for several changes to simplify the Federal Application ...

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